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 […]
Section: News Wire
LA’s Metrolink receives state funding for two projects
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 […]
Alstom to build light rail vehicles for Quebec City system
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 […]
BNSF gets final regulatory approval for new Bismarck bridge
BISMARCK, N.D. — BNSF Railway has received the final regulatory clearance for its long-delayed effort to replace its aging bridge over the Missouri River in North Dakota, and has begun preparatory work. A group that wants to save the bridge as a pedestrian and bike path, however, indicates it may take its effort to court. […]
UP train derailed in Kansas grade-crossing accident
YATES CENTER, Kan. — Five locomotives and approximately 24 cars of a Union Pacific train derailed Monday morning after a grade-crossing accident with a tractor-trailer truck, a railroad spokesman told KOAM-TV. The train’s crew was not injured, UP said. The truck driver was hospitalized with non-life-threatening injuries, according to Woodson County Sheriff Jeffrey McCullough. The […]
Nevada, California legislators back federal funding for Brightline West
LAS VEGAS — Members of Congress from Nevada and California are backing Nevada’s effort to land federal funding for the Brightline West high speed rail project, writing U.S. Transportation Secretary Pete Buttigieg to express “strong support” for the state’s grant application. Brightline West and the Nevada Department of Transportation applied for up to $3.75 billion […]
State funds will allow San Jose light rail project to proceed
SAN JOSE — The state of California will provide $46 million in funding for a 2.4-mile extension of a San Jose light rail line, a $350 million project that includes an elevated right-of-way and a new station between the current end of track and an existing transit center served by buses. The San Jose Mercury […]
New Haven Union Station deals with bed bugs
NEW HAVEN, Conn. — Seating areas at New Haven Union Station are expected to be reopened today (Tuesday, April 25) after being shut down Monday following a report of bed bugs in the waiting room. The New Haven Parking Authority, which operates the station, conducted a deep cleaning with chemicals and compounds on Sunday night […]
CN joins UP and Ferromex for new cross-border intermodal service
MONTREAL — Canadian National, Union Pacific, and Ferromex will launch new intermodal service next month linking Canada and Detroit with Mexico, the railroads announced today (Monday, April 24). The Falcon Premium service will connect a dozen CN terminals with the Ferromex terminals in Monterrey and Silao via the Eagle Pass, Texas, gateway. CN and UP […]
Grand Canyon Railway No. 4960 steams up for Earth Day
WILLIAMS, Ariz. — The Grand Canyon Railway and Hotel provided an Earth Day celebration with some steam added to the mix in the form of their 2-8-2 No. 4960. The former Chicago, Burlington & Quincy Railroad steam locomotive, with assistance from F40 diesel No. 4128, pulled the railway’s round-trip excursion train from Williams to the […]
Railroad artist to start book tour at Chicago Union Station (corrected)
CHICAGO – Nationally known railroad artist J. Craig Thorpe will appear at Chicago Union Station on Wednesday, April 26, as the kickoff event of an Eastern book tour to promote his new autobiography Railroads, Art, and American Life (Indiana University Press. 2023). At each stop, he will discuss his artwork and sign books and posters. […]
Management incentives at CSX, NS, and UP shift toward service and growth
The publicly traded U.S. Class I railroads are putting more of an emphasis on service and volume growth in the annual incentive plans they offer to their executives. It’s a clear sign, analysts say, that the railroads are shifting into growth mode after years spent concentrating on reducing their operating ratios in a quest for […]