Residents await word when they can return home after derailment

Aerial view of burning freight cars

EAST PALESTINE, Ohio — Residents evacuated after Friday’s derailment of a Norfolk Southern train now await word when they might be allowed to return home, although Ohio Gov. Mike DeWine cautioned Monday that it would not be soon. Cleanup of the 50-car derailment involving toxic chemicals is expected to begin to move forward following Monday’s […]

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New larger, faster ferries boost CG Railway volume

Ship loaded with railcars at dock

CG Railway’s traffic grew 53% last year thanks to the increased capacity of its new rail ferries, the company said this week. The short line, a joint venture of Genesee & Wyoming and SEACOR Holdings, floats freight cars across the Gulf of Mexico. The route links the ports of Mobile, Ala., and Coatzacoalcos in Veracruz, […]

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Union Pacific named to Fortune’s most admired company list

Yellow locomotives leading train of double-stacked containers over bridge

OMAHA, Neb. — Union Pacific has been named to Fortune magazine’s list of the World’s Most Admired Companies for the 17th time in 21 years. UP is the highest-ranked railroad in the magazine’s Trucking, Transportation, and Logistics category. The annual list is compiled through a survey conducted by global consulting firm Korn Ferry. Executives, directors, […]

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California agency awards more than $2.5 billion for transit projects

Map of light rail project in LA's San Fernando Valley

SACRAMENTO — A $600 million award to L.A. Metro for its East San Fernando Valley Light Rail Transit Corridor project heads the more than $2.5 billion in funding announced this week by the California State Transportation Agency for transit projects, most of them rail-related. The awards are to 16 projects, including funding announced earlier this […]

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Canadian Pacific reports strong earnings as it awaits merger decision

Green and gray cowl locomotive with blue trim

CALGARY, Alberta — Canadian Pacific reported strong fourth quarter earnings on Tuesday and expects to see volume growth this year despite economic uncertainty. The railway’s earnings call was a sideshow to the main event: The pending Surface Transportation Board decision on the proposed CP-Kansas City Southern merger. “We finished the year with the people, capacity […]

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MTA runs into early delays with Penn Station Access project

Map showing location of new Metro-North stations in the Bronx

NEW YORK — The Metropolitan Transportation Authority project to bring Metro-North commuter rail service to Penn Station via Amtrak’s Hell Gate Line, while building four new stations in the Bronx, has barely begun — but is already facing notable delays. Bloomberg reports Jamie Torres-Springer, president of MTA Construction and Development, told an MTA board committee […]

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