ATLANTA — Norfolk Southern’s first quarter earnings tumbled due to expenses related to the disastrous Feb. 3 derailment and subsequent hazardous materials release in East Palestine, Ohio. The railroad’s operating income declined 34%, to $711 million, due in part to an initial $387 million charge associated with the derailment, the railroad reported today. NS CEO […]
MADISON, Wis. — A longtime collector of worldwide railroad art has announced the donation of 250 pieces amassed over the last 40 years to the Center for Railroad Photography & Art. Peter Mosse, a CRP&A board member since 2016, and his wife Christine offered the collection to the center, which announced its acceptance at its […]
WASHINGTON — The Surface Transportation Board will hold a hearing next month to consider a Powder River Basin coal producer’s request for an emergency service order that would require BNSF Railway to handle more volume from the Spring Creek Mine in Montana. The board will hold oral arguments on May 10 where Navajo Transitional Energy […]
DENVER — The operator of a Regional Transportation District light rail train that ran off the end of tracks at a station in Golden in March likely fell asleep, the Denver Post reports. The RTD disclosed findings of its investigation into the March 11 incident as it filed a corrective action plan with the Colorado […]
WASHINGTON — Amtrak has been named one of America’s Best Employers for Diversity in 2023 according to Forbes, which released its list ranking the top 500 companies on Tuesday. The rail passenger operator placed 341st, eighth among transportation and logistics firms. New York’s Metropolitan Transportation Authority was the only other rail-related organization to make the […]
SPRINGFIELD, Va. — ENSCO Inc. will expand its railway inspection business with acquisition of KLD Labs Inc., a provider of automated wayside inspection technology and laser profiling products. ENSCO announced Tuesday it had entered into an equity purchase agreement to acquire KLD, which offers track inspection and assessment, fleet inspection and assessment, and asset management […]
MONTREAL — Canadian National CEO Tracy Robinson was singing from the same hymnal as other railroad leaders when she discussed safety during CN’s earnings call on Monday. All of the CEOs have stressed the importance of safety during their earnings calls this month in the wake of the disastrous Feb. 3 derailment of a Norfolk […]
DARIEN, Conn. — Genesee & Wyoming is set for changes at the top of its management structure. The company announced today that Jack Hellmann, G&W CEO for 16 years, has been named executive chairman of G&W’s North America and UK/Europe board of directors, effective Sept. 1. He will also become vice chair of Brookfield Infrastructure, […]
CALGARY, Alberta — Knight-Swift will shift its U.S.-Mexico intermodal traffic from Union Pacific to CPKC’s new single-line route beginning in May. CPKC and Knight-Swift announced their multi-year agreement today, just four days after Schneider said it would move its U.S.-Mexico intermodal business from UP to CPKC in May under a similar agreement. “This agreement creates […]
MONTREAL — Strength in bulk traffic and fluid operations propelled Canadian National to first-quarter records for operating income, revenue, and earnings per share. The strong quarter prompted CN to raise its financial outlook for the year to mid single-digit earnings per share growth, up from its previous guidance of low single-digit growth. “It’s important to […]
LOS ANGELES — Commuter rail operator Metrolink will receive more than $25 million for a pair of projects — $10 million for projects to improve locomotive fuel efficiency and $15.5 million for double tracking of a route in Riverside County — under state funding awarded Monday. The funding, announced by California Gov. Gavin Newsom, come […]
QUEBEC CITY — Alstom will build and 34 light rail trainsets for Quebec City’s tramway project and provide maintenance for 30 years under a C$1.34 billion contract announced today (Tuesday, April 25) by the manufacturer. The contract also includes an option for construction and maintenance of five additional trainsets. The equipment will be versions […]
