KANSAS CITY, Mo. — Kansas City Southern’s first-quarter earnings dipped as volume fell because of harsh winter weather and the ongoing computer chip shortage that has curbed auto production in Mexico. KCS reported today that its operating income declined 12%, to $253 million, as revenue decreased 4%, to $706 million. Earnings per share, adjusted for […]
Zone & Region: Midwest
Digest: Survey says 20% of Chicago-area transit users may not return
Chicago RTA survey finds 20% of transit users may not return A survey by the Regional Transportation Authority, parent organization for Metra, the Chicago Transit Authority, and Pace bus service, indicates 20% of passengers who stopped using the Chicago area’s transit system during the COVID-19 pandemic may not return. Evanston Now reports the RTA surved […]
Digest: Metra launches capital improvement work for 2021
New stations, replacement of 122-year-old bridge on Metra’s 2021 capital to-do list Metra has launched its 2021 capital improvement projects, which includes work on two new stations, replacement of a 122-year-old bridge in Chicago, and continued work to close the remaining gap in the triple-track main line on the UP West line near Geneva, Ill. […]
Super failure?
Super failure? Santa Fe’s famed Super C freight commanded high rates — charged to placate other Santa Fe customers. This meant it had extremely limited traffic, as illustrated by a one-car train in 1969. Photo by Wayne Bridges […]
Amtrak’s money mystery
From January 2019 Trains When the Southwest Chief rumbles across New Mexico’s Raton Pass, with sleeping-car passengers paying as much as $1,058 to ride in a roomette, what is the train’s revenue-versus-cost effect on Amtrak’s bottom line? According to the “route level results” of the fiscal 2017 performance report, the Chicago-Los Angeles train generated $49.9 […]
Digest: Metrorail Safety Commission sees ‘troubling’ DC Metro safety issues
Metrorail Commission says DC Metro moving the wrong way on safety issues The Washington Metrorail Safety Commission, the independent agency created by Congress to oversee DC Metro safety issues, says the transit agency is moving the wrong way in terms of such basics as making sure trains stop for red signals and following worker safety […]
Canadian Pacific, Kansas City Southern respond to Justice Department merger concerns
WASHINGTON — Canadian Pacific has rebutted Justice Department criticism of its proposed acquisition of Kansas City Southern, telling the Surface Transportation Board that the $29 billion merger can’t happen without a voting trust. The Justice Department on Monday raised concerns about CP’s plan to place KCS into a voting trust while the STB reviews the […]
TrucTrain terminal
TrucTrain terminal The Pennsylvania Railroad’s Chicago TrucTrain terminal had a concrete ramp with six tracks and access platforms between pairs of tracks. Note the storage tracks for empty flatcars at left. Photo by Pennsylvania Railroad […]
CN-Watco deal for Wisconsin, Michigan branch lines runs into unexpected opposition
WASHINGTON — In a move that has stunned rail observers, a pair of local shipper groups is challenging Canadian National’s proposed sale of former Wisconsin Central branches to short line operator Watco. This month CN and Watco sought to have their deal considered exempt from review by the Surface Transportation Board, which is the typical […]
Digest: Seattle monorail shut down for renovation
Seattle monorail shut down through April 30 Seattle’s monorail has shut down for the remainder of April as part of a renovation to prepare for the arrival of the city’s new National Hockey League team, the Kraken, which will debut this fall. KNKX Radio reports the work on the 1-mile line, connecting downtown’s Westlake Center […]
Digest: Fire causes estimated $3 million damage to BNSF building
Scottsbluff, Neb., BNSF building sustains $3 million damage in fire A fire in the terminal building at BNSF’s facility in Alliance, Neb., is reported to have caused about $3 million in damage. The Scottsbluff Star-Herald reports the Alliance Volunteer Fire Department responded to the building Sunday about 12:20 p.m., had the fire “somewhat controlled” around […]
News photo: New Siemens cars depart for testing
Three Siemens Venture coaches and two Charger locomotives depart Chicago on Monday, April 12, for Effingham, Ill. The cars will test through through Thursday of this week, evaluating the new equipment’s ability to effectively shunt electric current between rails on Canadian National’s former Illinois Central trackage. Since 2006, the railroad has imposed a minimum axle […]