ATLANTA — Norfolk Southern on Wednesday reported record fourth-quarter and full-year operating income as well as a record low operating ratio. CEO Jim Squires said the railroad hit or exceeded the three-year financial targets set in 2019 when NS adopted a Precision Scheduled Railroading operating model. “Through a multiyear effort, we delivered on our commitments, […]
ATLANTA — Norfolk Southern service will improve this spring as crew shortages ease and the railroad rolls out a new operating plan, executives said on Wednesday. “Our service quality was significantly below where we needed it to be” in the fourth quarter due to ongoing crew shortages on several portions of the NS system, Chief […]
WALLA WALLA, Wash. — A runaway tank car reportedly reached speeds of up to 50 mph on a trip of more than 15 miles Tuesday before finally being stopped when it reached an upgrade, the Walla Walla Union Bulletin reports. The GATX tank car broke loose from a Columbia-Walla Walla Railway train in Walla Walla […]
MONTREAL — The organization building the REM de l’Est rail transit project has reached agreement with Canadian National to purchase a section of right-of-way, allowing it to relocate part of its route away from a major commercial corridor. CDPQ Infra, the public-works contracting arm of public pension organization Caisse dépôt et placement du Québec, said […]
OMAHA — Union Pacific on Tuesday announced its Loup Logistics subsidiary had acquired the Precision Components Inc. transload facility in Phoenix, a UP-served location that processes more than 8,000 railcars and 38,000 trucks annually. The facility in central Phoenix covers more than 100 acres, with 125,000 square feet of covered storage and 3 miles of […]
Cody Grivno explains the functions of the equipment in the photo. He identifies the equipment as a gauge face lubrication system produced by Lincoln. Do you want to know more about the details on tracks? Or would you like more information about model railroading? Send us an email: AskTrains@trains.com […]
CHICAGO — Partners in Chicago’s CREATE program have donated $200,000 to bolster science, technology, engineering, and math education at eight locations as part of the 75th Street Corridor Improvement Project. The Chicago Region Environmental and Transportation Efficiency Program, created to address bottlenecks in the Chicago-area rail network, is making the STEM program donations to five […]
MONTREAL — Canadian National reported record fourth-quarter financial results on Tuesday, despite the impact of severe flooding that shut its main line through southern British Columbia for three weeks. CN’s “Full Speed Ahead” plan to improve the company’s financial results, announced in September amid a proxy contest launched by activist investor TCI Fund Management, gained […]
FORT WORTH, Texas — A judge has granted BNSF Railway a temporary restraining order, blocking a threatened strike by two of its unions over new work rules. The Fort Worth Star-Telegram reports U.S. District Court Judge Mark Pittman said that his ruling does not address whether the dispute between BNSF and the unions — the […]
MONTREAL — Canadian National on Tuesday named former Canadian Pacific executive Tracy Robinson as its new president and CEO, and reached an agreement with activist investor TCI Fund Management, which has dropped its proxy contest. Robinson spent nearly three decades at CP — with experience including positions in operations, finance, and marketing — before joining […]
Watco short line railroads will begin operating former Canadian National branches in the Badger State, the Upper Peninsula of Michigan, and Ontario in the next week. On Jan. 29, Watco will begin operations on the 328.5-mile Fox Valley & Lake Superior in Wisconsin, as well as the 142.6 miles of trackage on the Upper Peninsula […]
BOCA RATON, Fla. — Brightline has broken ground on its new station in Boca Raton, Fla., which will become the passenger operator’s fifth station on its route between Miami and West Palm Beach. The 38,000-square-foot station is located adjacent to the city’s library and across from Mizner Park, and is expected to be completed this […]
