ATLANTA — Norfolk Southern set fourth-quarter and annual records for revenue and profits, but expects a slowing economy and declining freight demand to produce flat revenue and earnings this year. The big unknown: Will the railroad’s ongoing service improvements allow NS to offset anticipated traffic volume declines as the economy weakens? CEO Alan Shaw, speaking […]
News & Products for the week of January 23rd 2023 Model railroad operators and builders can get the latest information about locomotives, freight cars, passenger cars, tools, track, and more by reading Model Railroader’s frequent product updates. Here are the products Model Railroader editors have news on for the week of January 23rd 2023. […]
NEW YORK — The path to the opening of Grand Central Madison — the new Long Island Rail Road terminal in Midtown Manhattan, deep beneath Grand Central Terminal — has been long, arduous, and incredibly expensive. Now that it has arrived, officials at the Metropolitan Transportation Authority hope it will be viewed for its transformational […]
WASHINGTON — Genesee & Wyoming will spend up to $42 million to correct Clean Air Act violations regarding locomotives under an agreement announced Tuesday by the U.S. Department of Justice and Environmental Protection Agency. A complaint that was also filed Tuesday alleged that G&W and a number of its subsidiaries operated diesel locomotives with rebuilt […]
BOSTON — Bills have been introduced in both houses of the Massachusetts legislature that would require electrification of Massachusetts Bay Transportation Authority commuter rail lines by the end of 2035, the Boston Herald reports. The bills include an ambitious goal of electrifying by Dec. 31, 2024, three segments that serve what are defined as environmental […]
MONTREAL — Canadian National met all of its financial targets for 2022, but the railway issued a cautious outlook for this year with the expectation of a mild recession and soft traffic volumes. “Without a doubt we are in an uncertain economic time,” CEO Tracy Robinson told investors and analysts on CN’s earnings call on […]
OMAHA, Neb. — Union Pacific generated record revenue and profits last year despite the impact of crew shortages that snarled operations, hurt service, and limited traffic growth. “The fourth quarter and 2022 overall were challenging for Union Pacific and our employees. The lengthy labor negotiations tested our workforce, while customers felt the impact of our […]
NEW YORK — More than a decade after it was first projected to begin — and after more than three weeks of ventilation-fan issues that delayed a final effort to open before the end of 2022 — New York’s Metropolitan Transportation Authority will open its East Side Access project on Wednesday, bringing Long Island Rail […]
GREENWICH, Ohio — Twenty cars of a CSX Transportation freight train derailed around midday Monday in Greenwich. There were no reports of injuries or of incidents involving cargo, but a power outage was reported in the area. WYKC-TV reports about 100 people were left without power. Images on the station’s website show the incident occurred […]
ORANGE, Calif. — Amtrak Pacific Surfliner service between Los Angeles and San Diego, suspended since Sept. 30 because of an unstable hillside in San Clemente, Calif., will be restored on weekends beginning Feb. 4. In announcing the partial restoration of service, the Los Angeles-San Diego-San Luis Obispo Corridor Agency said tracks in the San Clemente […]
MONTREAL — The city of Montreal and the province of Quebec will spend more than C$565 million to begin operational upgrades on the city’s Metro system. CTV News reports the money will equip the Metro Blue Line with a new train control system, better managing spacing between trains, train speed, and track changes. Similar improvements […]
WASHINGTON — Amtrak will award 11 scholarships to “advance the future of rail” through the Amtrak Scholarship Program, intended to help full-time undergraduate and graduate students who are passionate about rail. “As we continue to revolutionize the Amtrak experience, hiring to address significant demand is essential,” Amtrak Executive Vice President and Chief Human Resources Officer Qiana Spain […]
