JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency. CSX delayed its second-quarter financial reports by about two weeks as it reviewed accounting regarding capitalization of engineering materials and labor costs, a move the company […]
MONTREAL — When safety is on the table, there can be no debate about measures taken to ensure it. So when Canadian National informed VIA Rail Canada last Friday that all Venture trainsets of less than 32 axles could not operate at track speed across highway crossings equipped with warning devices triggered by Grade Crossing […]
WASHINGTON — The Surface Transportation Board has approved acquisition by Canadian Pacific Kansas City and CSX Transportation of the Meridian & Bigbee Railroad from Genesee & Wyoming, allowing the two Class I lines to create a new direct connection at Myrtlewood, Ala. The approval is effective Nov. 16, 2024. In separate decisions, the board approved […]
OMAHA, Neb. — Union Pacific has become the official sponsor of U.S. Speedskating, the railroad announced Thursday. The four-year agreement runs through March 2028. It includes Union Pacific internship opportunities for athletes preparing for post-competition careers. The first event featuring UP as a sponsor will be part of the 2024 Short Track World Tour, Nov. […]
ROBERTSDALE, Pa. — While the Friends of the East Broad Top volunteers received lots of praise for over-the-top fundraising and aggressive track restoration at the group’s recent Fall Reunion, they’re pressing ahead with a dizzying array of other projects. All of it goes hand-in-hand with the EBT Foundation’s goal of restoring an entire 33-mile narrow-gauge […]
WASHINGTON — Weekly U.S. rail traffic rebounded into positive territory compared to 2023 for the week ending Oct. 12, after falling below previous-year levels a week earlier. According to statistics from the Association of American Railroads, the week saw 505,033 carloads and intermodal units, up 2.6% from the same week in 2023. That included 222,003 […]
NEW FREEDOM, Pa. — Northern Central Railway of York, a non-profit tourist excursion line, has named Jennifer Krieg as superintendent operations manager. Krieg, who joined the railway as a fireman on the lines replica 1860s-era steam locomotive, will be responsible for overseeing and maintaining that locomotive, two diesels, and eight passenger cars. “I am excited […]
GERARD, Saskatchewan — A Canadian National intermodal train has derailed near the Manitoba border after striking a farm tractor, the Canadian Press reports. The incident occurred this afternoon (Oct. 16) at a grade crossing near Gerald, Sask. The driver of the tractor was killed, according to the Royal Canadian Mounted Police, while a CN spokeswoman […]
GATINEAU, Quebec — A VIA Rail Canada train came within about 1,100 feet of a head-on collision with a Canadian National freight train in an April 2023 incident, the Transportation Safety Board of Canada said in an investigation report released today (Wednesday, Oct. 16). In the report, the agency renewed its call for Canada to […]
JACKSONVILLE, Fla. — CSX faces more than $200 million in reconstruction costs as a result of Hurricanes Helene and Milton, and the income impacts of the storms will be felt in both the third and fourth quarters, executives said during the company’s quarterly earnings call today (Wednesday, Oct. 16). Chief Financial Officer Sean Pelkey said […]
WASHINGTON — The Massachusetts Bay Transportation Authority Green Line train that derailed earlier this month ran through a red signal and was traveling at 36 mph in a 10-mph zone immediately before derailing, according to the preliminary investigation report from the National Transportation Safety Board. The derailment occurred when the train reached a switch that […]
WASHINGTON — Seventeen Amtrak employees in the Northeast have resigned in connection with an investigation by Amtrak’s Office of Inspector General into alleged health care fraud. The employees who have resigned are based at New York Penn Station or an Amtrak base in New Jersey. They include two gang foremen, four linemen, three truck drivers, […]
