Chihuahua al Pacífico Ferrocarril Chihuahua al Pacífico chop-nosed 515 and unadulterated sister 509 work a freight at La Junta, Chihuahua, in March 1975. The government-owned railroad began service in 1961 and became part of Ferromex in 1998. Keith E. Ardinger photo […]
OMAHA, Neb. — Union Pacific set third-quarter records for operating ratio, profits, and earnings per share despite flat traffic volume and the impact of wildfires and bad weather that hurt service reliability. “The Union Pacific team dealt with multiple network disruptions that required us to rebuild bridges, reroute trains, and connect more closely with other […]
WASHINGTON — Weekly U.S. rail traffic continues to slip compared to 2020, with the latest figures from the Association of American Railroads showing a 4.2% drop from the same week a year ago. For the week ending Oct. 16, the overall volume of 496,983 carloads and intermodal units is, in addition to the decline compared […]
JACKSONVILLE, Fla. — CSX Transportation’s third-quarter profits, revenue, and volume all grew thanks to strong freight demand and the railroad’s acquisition of a bulk chemical trucking company. But executives said the railroad would have been able to handle more traffic if not for a persistent worker shortage, as well as the impact of the spike […]
WASHINGTON — Amtrak has asked the Surface Transportation to take action on two fronts on its pending request for a ruling enabling it to start passenger service between New Orleans and Mobile, Ala. The company is requesting that the board order CSX and Norfolk Southern to provide access to their properties to prepare for the […]
CALGARY, Alberta — Higher fuel costs and a disappointing Canadian grain crop weighed on Canadian Pacific’s third-quarter profits, the railway reported today. “There’s certainly challenges ahead as we look forward to our base business. We’ve got a smaller Canadian grain crop, we’ve got some supply chain issues, challenges, that the balance of the industry is also […]
MONTREAL — Canadian National CEO JJ Ruest will retire in January, the railroad announced today amid the ongoing proxy contest launched by activist investor TCI Fund Management. No successor was named, and CN’s announcement came a day after TCI released its plan touting former CN Chief Operating Officer Jim Vena as its chief executive candidate […]
MONTREAL — Canadian National announced that Jean-Jacques Ruest will retire as president and CEO and as a member of the board of directors, effective as of the end of January 2022, or such later time as a successor has been appointed. “On behalf of the Board, I would like to thank JJ for his dedicated […]
WASHINGTON — Federal regulators on Monday received a flurry of last-minute comments regarding CSX Transportation’s proposed acquisition of New England regional Pan Am Railways. The filings – from federal and state transportation officials, Norfolk Southern, and Genesee & Wyoming – were submitted on the deadline to respond to comments already made to the Surface Transportation Board […]
KANSAS CITY, Mo. – Kansas City Southern’s profits slumped in the third quarter due to the impact of merger-related costs, but revenue was up sharply even as volumes declined slightly as a result of auto assembly plant shutdowns and protests that blocked the railroad’s route to a key Mexican port. The railroad today reported that […]
WASHINGTON — Surface Transportation Board Chairman Martin J. Oberman has asked CSX Transportation CEO Jim Foote to explain ongoing service problems that range from missed switches and unfulfilled car orders to delayed manifest and bulk shipments. “Over the past several months the Board has continued to receive a steady stream of complaints about the adequacy […]
Clark Fork River Milwaukee Road tTrain 262 crosses high above the Clark Fork River at St. Regis, Mont., in August 1973 with a Little Joe leading three SD40-2s. Steve Schmollinger photo […]
