BOSTON — The Massachusetts Bay Transportation Authority on Friday introduced an “online safety dashboard,” allowing the public to track the agency’s progress in responding to Federal Transit Administration safety directives, as well as providing information on speed restrictions across the MBTA’s rail transit system. The dashboard, available here, shows that as of Feb. 12, the […]
SALT LAKE CITY — The company planning to build Uinta Basin Railway will seek $1.9 billion in private activity bonds to help finance construction of the 88-mile railroad in Utah, with the help of the government agency supporting the project, the Colorado Sun news site reports. Those funds would cover 70% of the cost of […]
OMAHA, Neb. — A hedge fund, arguing that Union Pacific ranks dead last in every important operating metric, has asked the railroad’s board of directors to replace current CEO Lance Fritz with former Chief Operating Officer Jim Vena. Soroban Capital, which has a $1.6 billion stake in UP and ranks among its top 10 investors, […]
DES LACS, N.D. — BNSF’s main line across North Dakota was fully reopened Saturday evening after a Friday morning derailment, the railroad says in a customer advisory. One track of the main line near Des Lacs, about 14 miles west of Minot, N.D., reopened on Saturday at 5:25 a.m. CST; the second track reopened at […]
PHILADELPHIA — The Southeastern Pennsylvania Transportation Authority has awarded a $125 million contract for the final design phase of the King of Prussia Rail project. SEPTA awarded the contract to HNTB Corp. at its Feb. 23 board meeting. The project will add a 4-mile, five-station spur to the Norristown High Speed Line near its northern […]
OMAHA, Neb. — BNSF Railway’s pre-tax earnings declined 1.9% in 2022 due to a combination of lower volume and higher costs, the railroad’s parent company, Berkshire Hathaway, reported on Saturday. BNSF’s revenue was up 11.9% for the year, to $25.2 billion, reflecting an 18.9% increase in average revenue per car/unit, including the impact from higher […]
WASHINGTON — In their latest bid to delay the Canadian Pacific-Kansas City Southern merger, four members of the Illinois congressional delegation have cited the East Palestine, Ohio, derailment as a reason the Surface Transportation Board should subject the merger to further review. In a letter to STB Chairman Martin J. Oberman dated Thursday, Feb. 23, […]
MINOT, N.D. — BNSF’s northern transcontinental main line is currently blocked after an early-morning derailment of an intermodal train near Des Lacs, N.D., approximately 14 miles west of Minot. A customer advisory on the BNSF website says the derailment occurred about 3:36 a.m. CDT today (Friday, Feb. 24). The Dakotan website quotes Karter Lesmann, chief […]
MIAMI, Fla. — CSX Transportation must rely on volume growth – not cost cutting – to boost profits and earnings over the long term, CEO Joe Hinrichs told an investor conference this week. “There’s only so much more you can squeeze out of the operating side of this business,” Hinrichs says. The CSX CEO’s remarks […]
MADRID — Spain’s transportation secretary and the head of national rail operator RENFE have resigned following an order for new regional trains that has become a national scandal. Transportation Secretary Isabel Pardo de Vera and RENFE President Isaías Táboas quit their jobs Feb. 20 in the wake of public and political criticism of a delayed […]
PHILADELPHIA — The Southeastern Pennsylvania Transportation Authority will purchase 130 new light rail vehicles from Alstom under its Trolley Modernization program under a contract approved Thursday by SEPTA’s board. The $714.2 million contract also includes an option for an additional 30 of the low-floor, ADA-compliant vehicles, intended to replace the entire current SEPTA trolley fleet. […]
WASHINGTON — The Washington Metropolitan Area Transit Authority is considering a redesign of its planned 8000-series cars for DC Metrorail service to include an open-gangway design that would allow passengers to walk from car to car, the Washington Post reports. General Manager Randy Clarke told a WMATA board meeting that the open-gangway design has “significant […]
