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OMAHA, Neb. — BNSF Railway’s profits declined in the third quarter due to a combination of lower volume and higher operating expenses. The railway’s operating income fell 7.1%, to $2.1 billion, on revenue of $6.5 billion, a 16.8% increase, BNSF’s parent company, Berkshire Hathaway, reported on Saturday. Revenue rose due to higher fuel surcharge revenue […]
ANCHORAGE, Alaska — Former Alaska Gov. Bill Sheffield, who was instrumental in the state’s purchase of the Alaska Railroad from the federal government and went on to serve as the railroad’s president, CEO, and board chairman, has died. Sheffield died on Nov. 4. He was 94. “There are just no words to encompass all that […]
NEW YORK — U.S. Secretary of Labor Marty Walsh, credited by unions with a key role in the tentative agreement that averted a railroad strike in September, says he expects Congress will act to block a possible strike later this month. Walsh made his comments on Friday to CNN, prior to the latest vote ratifying […]
WASHINGTON — Members of the International Association of Machinists and Aerospace Workers, who rejected an earlier agreement with railroads, have narrowly approved a new deal, the union announced Saturday. The union’s District 19, which represents 4,900 rail workers, said 52% of those voting approved the revised agreement with the National Carriers’ Conference Committee. That deal […]
KEYTESVILLE, Mo. — Arguments in federal court over an arbitration requirement included in Amtrak ticket purchases remain a sticking point in state court suits from June’s fatal derailment of the Southwest Chief near Mendon, Mo., KMBC-TV reports. In Thursday arguments in Chariton County Circuit Court, BNSF and Amtrak argued that passengers agreed to settle […]
ARLINGTON, Va. — Agricultural shippers have urged Congress to prevent a national railroad strike or lockout, which they said would have “devastating consequences to our national and global food security.” A railroad network shutdown would exacerbate agricultural shipping challenges, which include rail congestion on the big four U.S. systems, record low water levels that have […]
SAN CARLOS, Calif. — Michelle Bouchard, who has been acting executive director of Caltrain since April 2021, has been named as the commuter operator’s first permanent executive director. The Caltrain board of directors announced Bouchard’s unanimous appointment on Thursday, Nov. 3. “Michelle has been a dynamic and engaged leader for Caltrain,” Caltrain Board Chair Steve […]
WASHINGTON — Overall rail traffic was down slightly in October compared to the same month in 2022, while traffic for the week ending Oct. 29 showed a slight increase, according to the Association of American Railroads. Monthly totals had combined U.S. carload and intermodal traffic down 0.5% compared to October 2021,with carload traffic up 0.5% […]
WASHINGTON — The Surface Transportation board has granted the request for more mediation in the Amtrak Gulf Coast case — but not to delay its scheduled hearings on the matter. At least, not yet. In a decision issued Wednesday evening, Nov. 2, the board calls for further mediation, to extend through Dec. 1, as requested […]
CSX Transportation is on a roll. In the past 12 months or so, nine new major manufacturing plants and one inland intermodal terminal project have been announced for sites located alongside its tracks. Many of them are the direct result of the railroad’s long-term industrial development efforts. If there’s a theme from these wins that […]
WASHINGTON – The Federal Railroad Administration has issued a safety advisory for portable derails in the wake of an Aug. 29 fatal switching accident on Union Pacific. “FRA is issuing Safety Advisory 2022-01 to emphasize the importance of, first, ensuring that portable derails are clearly visible to train crews and operators of other on-track equipment, […]
BOSTON — Massachusetts Bay Transportation Authority General Manager Steve Poftak has announced his resignation, effective Jan. 3. The Boston Globe reports the resignation comes nearly a full year ahead of the end of his contract, but will coincide with the arrival of a new governor. It will end four years during which Poftak has led […]
