OMAHA, Neb. — Union Pacific reported record financial results on Thursday, including new marks for operating income, net income, earnings per share, and operating ratio. “We pulled all three profitability levers simultaneously: volume, price, and productivity,” CEO Lance Fritz told investors and analysts on the railroad’s earnings call. The railroad improved its outlook and now expects […]
SCRANTON, Pa. — Amtrak and the Pennsylvania Northeast Regional Railroad Authority have reached agreement on a study to assess a potential route between Scranton and New York City. The Pocono Record reports Amtrak will look at the route’s infrastructure and estimate possible ridership and revenue, with the authority covering the $400,000 cost of the study. […]
AUBURN, Ind. — An estimated 15 cars of a CSX Transportation intermodal train derailed Wednesday morning in Auburn. No injuries were reported. The Kendallville Star reports the accident occurred on the south side of Auburn, a community of 12,000 about 20 miles north of Fort Wayne. Firefighters from Jackson Township and Auburn responded to the […]
OTTAWA, Ontario — Transport Canada has launched an effort seeking public comment on improving the safety culture in the rail industry. The federal agency has developed a Safety Culture Policy Statement defining the term “safety culture,” outlining its role as regulator, and identifying elements that can shape a safety culture, both positively (such as two-way […]
WASHINGTON — A week after U.S. rail volume took a rare dip toward 2020 levels, the latest statistics from the Association of American Railroads once again show a comfortable increase in 2021 traffic over the comparable week a year earlier. For the week ending July 17, overall rail traffic totaled 513,255 carloads and intermodal units, […]
JACKSONVILLE, Fla. — CSX Transportation won’t be able to get its merchandise service back to pre-pandemic levels until it can hire enough train and engine crews to handle strong volume growth. That likely won’t happen before the end of the year because the railroad is struggling to hire conductors in an extremely tight labor market, executives […]
WASHINGTON — U.S. Rep. Richard Neal, chairman of the powerful House Ways and Means Committee, has told federal regulators that he opposes CSX Transportation’s proposed acquisition of New England regional Pan Am Railways. “Considering the repercussions that would result from CSX Transportation’s purchase of Pan Am Railways and its impact on my district, along with my […]
ARVADA, Colo. — Two leased Union Pacific locomotives lead a Rocky Mountaineer trainset through Arvada on Tuesday as the train made the fourth of eight test trips for familiarizing crews and onboard employees before the launch of the company’s new “Rockies to Red Rocks” service between Denver and Moab, Utah. The locomotives have been leased […]
WASHINGTON — CSX Transportation has told federal regulators that it has improved service for chemical and fertilizer shippers, who had complained about widespread delays and congestion in a June letter to the Surface Transportation Board. The American Chemistry Council, the trade group representing chemical producers, had asked the board to put CSX under additional oversight […]
NORFOLK, Va. – Norfolk Southern has expanded capacity at its Landers international intermodal terminal in Chicago amid record volume. “In the wake of recent record demand, NS is making multiple changes and upgrades at Landers to increase capacity and prepare for future growth and improve the driver experience,” NS said in a customer service advisory […]
CRESSON, Pa. — Norfolk Southern will close its engine house in Cresson, Pa., eliminating seven jobs, the Altoona Mirror reports. The closure will come at the end of July. A Norfolk Southern spokesman told the newspaper in an email that the move “is part of our long-term business plans to evolve our operations to best […]
CHICAGO — After a much-delayed arrival in the city, Amtrak’s “Day One” Siemens ALC42 Charger locomotive continued toward its official handover to Amtrak on Tuesday evening, heading east on the Capitol Limited. Trailing P42 locomotive No. 142 were ALC42 No. 301 and a six-car consist including a dormitory car, sleeper, Cross-Country Café, baggage-coach, and full […]
