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Railroad man Gainesville Midland Railroad conductor L. C. Birchfield is perched in a caboose cupola in the late 1950s. The railroad ran between Gainesville and Athens in northern Georgia and one time had a branch to Monroe. Seaboard Air Line purchased the road in June 1959. Philip R. Hastings photo […]
WEED, Calif. — Union Pacific has reopened the Dry Canyon Bridge a month ahead of its original estimate, allowing the railroad to resume operations on its I-5 Corridor line between California and the Pacific Northwest. The railroad initially estimated the bridge would not be completed until Sept. 1, but last week said it could be […]
KANSAS CITY, Mo. — Kansas City Southern has fired back at Canadian Pacific’s appeal to its stockholders to turn down the proposed merger with Canadian National, saying those stockholders should focus on the fact CN’s offer is worth $50 more per share than the last CP proposal. CP filed a proxy statement asking KCS shareholders […]
WASHINGTON – The Surface Transportation Board has accepted CSX Transportation’s beefed up Pan Am Railways merger application and established a schedule for reviewing the deal that would expand CSX’s presence in New England. If the board approves the deal, Pan Am would become a fallen flag on May 1, 2022. Comments on the merger are due […]
Keeping an even keel It was important for boxcar loads of grain to be level. Sometimes workers had to enter the cars and level the loads by hand, as with this carload of wheat. Jeff Wilson collection […]
WASHINGTON – A coalition representing a broad range of rail shippers has asked the Surface Transportation Board to increase competition among railroads by finalizing rules that would permit reciprocal switching. “Given the dramatic concentration of market power in the railroad industry, rethinking policies designed for a different era is both timely and smart. Reciprocal switching […]
WASHINGTON — U.S. weekly rail traffic remains ahead of 2020 figures, although week-to-week numbers showed a slight decline, perhaps reflecting traffic disruptions by fires on the West Coast. For the week ending July 28, U.S. railroads moved 230,095 carloads (up 7.1% from the same week a year earlier), and 273,124 intermodal units (up 2.6%) for […]
CALGARY, Alberta — Canadian Pacific set quarterly records for revenue, earnings, and adjusted operating ratio as second quarter volume bounced back from last year’s pandemic lows. “Behind those numbers obviously is a very impressive operating performance,” CEO Keith Creel says, rattling off a list of key metrics that improved, including train length and weight and […]
NORFOLK, Va. — Buoyed by strong volume and revenue growth, Norfolk Southern lifted its outlook for the year as it reported record second-quarter financial results on Wednesday. “We are even more confident about growth for the balance of this year,” CEO Jim Squires told investors and analysts on the railroad’s earnings call. The railroad now […]
Union Pacific’s Feather River Canyon route in Northern California has been shut down by wildfires, but the railroad says its main north-south route on the West Coast, the I-5 corridor, could reopen sooner than original estimates. Meanwhile, BNSF’s Inside Gateway route, which makes use of use of part of the UP Feather River route, also […]
Shortline savior North Carolina’s Laurinburg & Southern was a GE 70-tonner bastion in the Southeast. A pair works Dixie Guano in Laurinburg in September 1984. The GE small locomotive line enabled great savings for short lines that adopted them, keeping some of them running for years longer than if powered by steam. Jim Wrinn photo […]
CHICAGO – The North American Rail Shippers Association annual meeting, scheduled for Sept. 7-9 at the Sheraton Grand Chicago, will feature presentations from four Class I railroad chief executives. Confirmed speakers include BNSF Railway CEO Katie Farmer, Union Pacific CEO Lance Fritz, Kansas City Southern CEO Pat Ottensmeyer, and Canadian National CEO JJ Ruest. Surface […]
