WASHINGTON — Members of the International Brotherhood of Electrical Workers have overwhelmingly approved a new contract with Union Pacific, the union announced today. IBEW International President Kenneth W. Cooper said the agreement “reflects a new era of partnership and progress that recognizes the important contributions of IBEW-represented railroad electricians while embracing the challenges and opportunities […]
NICHOLASVILLE, Ky. — R.J. Corman Railroad Group today promoted Alín Campián to executive vice president and chief financial officer. “Since joining the company in 2020, Alín’s contributions have been absolutely transformative, driving major positive change across our organization,” R.J. Corman CEO Justin Broyles said in a statement. “His visionary leadership and unwavering commitment to excellence […]
WASHINGTON — Pinsly Railroad Co. will acquire 36-mile Alabama short line Three Notch Railway from Genesee & Wyoming. The Georgiana & Andalusia Railroad will purchase the track and assume Three Notch’s lease arrangements with CSX. Three Notch Railway has operated the trackage since 2011. “However, the condition of the track deteriorated over time, and no […]
BNSF Railway will open a pint-sized intermodal terminal in Oklahoma City in November to serve Hobby Lobby Stores. The 42-acre facility will streamline the craft retailer’s supply chain and allow loaded containers to move directly from the ports of Los Angeles and Long Beach to its network of distribution centers in Oklahoma City, the companies […]
WASHINGTON — The trade group representing chemical manufacturers says a Union Pacific-Norfolk Southern merger would reduce rail competition and increase freight rates, which in turn will contribute to inflation that will harm American consumers, manufacturers, and farmers. “The additional costs that are the likely result of this merger are ultimately going to hit everyday Americans,” […]
WASHINGTON — Amtrak’s board of directors will once again provide live streaming of a portion of its next meeting, set for Wednesday, Sept. 10. The live stream is set for noon to 1 p.m. ET. Members of the public who wish to watch on Zoom must register in advance here. There will be no public […]
WASHINGTON — Federal regulators today gave the green light to Watco’s acquisition of the 420-mile Michigan regional Great Lakes Central Railroad. Watco has been an equity investor in the GLC since 2013 and in March sought to have its acquisition of the railroad exempt from Surface Transportation Board review, which is common in straightforward shortline […]
What a week this was for unexpected twists and turns in the Class I railroad merger landscape. First, on Monday Berkshire Hathaway Chairman Warren Buffett said the company would not bid on CSX or Norfolk Southern, which had been viewed as potential merger partners for the Berkshire-owned BNSF Railway. A BNSF-CSX combination, in particular, had […]
PITTSBURGH — Wabtec this week introduced its EVO Advantage engine, which features eTurbo technology that improves fuel efficiency by as much as 7%. The EVO Advantage — which is currently undergoing extensive field testing — will be available for Evolution series Tier 3 and Tier 4 locomotive modernizations, the manufacturer said this week. “The heart […]
OMAHA, Neb. — Union Pacific has added 15 new Focus Sites in eight states, with a dozen of the large-scale development properties located on connecting short line railroads. UP’s 39 Focus Sites generally include 125 or more acres that are suited for custom-built warehouses or industrial facilities. “Our partnerships with short line railroads are helping […]
OMAHA, Neb. — Union Pacific has opened a nine-mile stretch of second main track in Southern California to support premium intermodal service out of its Inland Empire Intermodal Terminal at West Colton Yard. The work, between South Fontana and Bon View, Calif., on the Alhambra Subdivision, included installation of double track, rebuilding two bridges and […]
NEW HAVEN, Conn. — Let’s get something straight: Amtrak’s NextGen Acela trainsets that began revenue service with two Northeast Corridor round-trips between Washington and Boston on Thursday are shiny new objects worthy of the hype. The trains incorporate four decades of Alstom’s TGV technology and are destined to fully replace 25-year-old Acela equipment introduced in […]
