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ROCKLAND, Maine — New York’s Finger Lakes Railway has proposed offering daily passenger train service between Rockland and Brunswick, Maine, to provide a connection to Amtrak’s Downeaster. The Courier-Gazette of Camden, Maine, reports the company made the proposal at a Monday meeting of the Northern New England Rail Passenger Authority, which oversees Downeaster operations. The […]
CHARLESTON, W.Va. — Steelmakers around the world continue to have a strong appetite for America’s metallurgical coal, with railroads in a position to benefit in 2022. The U.S. Energy Information Administration’s short-term outlook expects demand for coal used in steelmaking to increase 16% in 2022. Brazil and India have historically been the largest buyers of […]
JACKSONVILLE, Fla. — Sam Sexhus, a veteran of more than 25 years in Class I railroading, has been named as president and chief operating officer of short line company Patriot Rail. “Patriot Rail is experiencing tremendous growth, and Sam Sexhus’ leadership will enable the company to further solidify our shortline railroad footprint in the U.S.,” […]
WASHINGTON — Rail traffic continues to lag behind 2021 levels in the early stages of 2022, according to weekly statistics from the Association of American Railroads. For the week ending Jan. 22, 2022, overall U.S. rail volume was 477,462 carloads and intermodal units, a 9.8% drop from the same week in 2021. Through three weeks […]
WASHINGTON — Short line holding company R.J. Corman plans to operate 154 miles of Norfolk Southern branches through a combination of acquisitions and leases in Tennessee, Kentucky, and Virginia. R.J. Corman’s Knoxville & Cumberland Gap Railroad will acquire 112 miles of NS lines, including the Jellico Line from Clinton, Tenn., to Lot, Ken., and from […]
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 […]
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 […]
