CHARLESTON, W.Va. — High natural gas prices have electric utilities once again relying on railroading’s oldest friend – coal. Natural-gas futures have notched upward to $5.10 per million British thermal units in recent days, reflecting a 95% increase from six months ago when natural gas was $2.61 per million BTUs. This upward trend, which has […]
Steam in snow Milwaukee Road 2-8-2 No. 327 rolls south on the Indiana Harbor Belt at La Grange, Ill., in December 1950, bound for Terre Haute, Ind. Robert Milner photo […]
WASHINGTON — Virginia’s Buckingham Branch Railroad seeks to acquire a line that it presently leases from CSX Transportation. It encompasses 164.22 miles of line from milepost 276 in Clifton Forge to milepost 111.78 at Doswell. The railroad has leased the line, part of which hosts Amtrak’s Cardinal, since 2005. It was originally Chesapeake & Ohio. […]
10-million bushels The Santa Fe’s 10-million bushel grain elevator at Argentine (Kansas City), Kan., was among the largest in the country when photographed here in 1943. Jack Delano photo […]
CHICAGO — Norfolk Southern’s experimental less-than-carload expedited boxcar service has been expanded and has won praise as an example of how railroads can take freight off highways. The Thoroughbred Freight Transfer service — launched in July linking Chicago, Atlanta, and Miami — now includes lanes connecting Croxton, N.J., with Chicago and Atlanta, Ed Elkins, the […]
Canadian Pacific CEO Keith Creel — who last week won a hard-fought, four month merger battle to acquire Kansas City Southern — is fully aware that the first Class I railroad combination in two decades is history in the making. “We’ve got some history that we’re very proud of with Canadian Pacific. We drove the […]
ST. LOUIS, Mo. — The Terminal Railroad Association of St. Louis Railroad reached a major milestone on Friday when the first of three replacement spans on the Merchants Bridge was floated into position on the Mississippi River at St. Louis. Owned by the Terminal Railroad Association of St. Louis, the Merchants Bridge project is a […]
MONTREAL — Canadian National is fighting back. In the wake of an activist investor’s call for a management shakeup and improved financial results, CN today announced a “Full Speed Ahead” plan to reduce its operating ratio, cut capital spending, and increase shareholder returns through a combination of earnings growth and share buybacks. CN is targeting […]
CUSTER, Wash. — BNSF Railway could face fines or other penalties for the December 2020 derailment and fire involving a unit oil train in Custer — even if vandalism or sabotage is the cause. The Bellingham (Wash.) Herald also reports a Washington state senator is calling for hearings on the derailment, citing the danger from […]
FORT WAYNE, Ind. — Third-party logistics company Circle Logistics has launched a drayage division to operate at the Port of Detroit, addressing ongoing shortages in equipment and labor that have led to intermodal congestion throughout the U.S. The operation will allow customers to access Circle’s private pool of chassis. A short of chassis continues to […]
Classic Trains editors are celebrating the history, heritage, and style of the New York, New Haven & Hartford Railroad all through September 2021. Please enjoy this photo gallery selected from the archives of Kalmbach Media’s David P. Morgan Library. Only from Trains.com! […]
KANSAS CITY, Mo. — Canadian Pacific CEO Keith Creel and Kansas City Southern CEO Pat Ottensmeyer expressed excitement today about finally being able to combine their two railways into the first system to connect Canada, the U.S., and Mexico. Their merger deal, officially announced on Wednesday after Canadian National dropped its pursuit of KCS, came […]
