NEW YORK — Wall Street analysts are approaching 2025 with questions for railroad executives about pricing, inflation, wages, the operating ratio, and, to a lesser extent, geopolitics. Officers of Class I railroads fielded questions with these themes during the recent third-quarter earnings calls, likely their last official remarks to analysts this year. In 2024, railroads […]
ATLANTA — The Metropolitan Atlanta Rapid Transit System has awarded Stadler Rail a $500 million contract to replace its current signal system with a communications-based train control system. MARTA’s board voted Thursday (Dec. 5) to award the contract to Stadler, which is also building new railcars for the transit agency under a $646 million contract […]
MILLBRAE, Calif. — Commuter rail operator Caltrain will relocate its headquarters to Millbrae, near a station served by both Caltrain and Bay Area Rapid Transit, the agency announced Thursday, Dec. 5. Caltrain currently shares headquarters space in San Carlos, Calif., with SamTrans, the San Mateo County Transit District, which announced in March that it would […]
TORONTO — Phil Verster, CEO of Ontario provincial transportation agency Metrolinx since 2017, has resigned, the provincial government announced this week. The CBC reports that a memo to employees said Verster is departing for a rail industry job outside of Canada. He will depart as soon as Dec. 16. Michael Lindsay, currently head of Infrastructure […]
ATLANTA — The Broe Group, the parent of short line holding company OmniTRAX, has acquired a former Kellogg’s plant in Atlanta and plans to redevelop the 14-acre property that’s served by the Fulton County Railway. “This build-to-suit project bundles proximity, power, and population centers,” Broe Real Estate Group Senior Vice President Kevin Caille said in […]
PHILADELPHIA — Scott Sauer has been named interim general manager of the Southeastern Pennsylvania Transportation Authority and assumed those duties this week, the agency has announced. Sauer joined SEPTA in 1990 as a train operator, following in the footsteps of his late father, Robert, who worked for SEPTA and the predecessor Philadelphia Transportation Co. for […]
Christmas Past gallery For train-watchers, the holidays have an appeal all their own. Many enjoy sending and receiving Christmas cards with a railroad theme. Trains Magazine explored this tradition in its December 2009 issue and looked at one train-watcher and railroad employee who has gone to great lengths (coast to coast and across the Atlantic) […]
VANCOUVER, British Columbia — Canadian Pacific Kansas City has ordered an additional 98 fuel cell engines for its hydrogen locomotive program, supplier Ballard Power Systems announced today (Dec. 5). The 98 engines each are capable of generating approximately 200 kilowatts, giving the total order about 20 megawatts of power. Ballard has previously supplied approximately 10 […]
WASHINGTON — Supreme Court Justice Neil Gorsuch has recused himself from the pending case involving the Uinta Basin Railway, which is set to be argued before the court next week. NBC News reports that lawyers involved in the case were informed of the move in a letter sent on Wednesday, Dec. 4. The letter from […]
WASHINGTON — The Thanksgiving holiday once again made for a big change in U.S. weekly rail traffic statistics. This time, that change was negative. U.S. rail traffic was down 13.8% from the same week in 2023, a week after it showed a whopping 25.6% gain [see “Weekly U.S. rail traffic shows major bump,” Trains News […]
SEATTLE — The big takeaway from this year’s annual Amtrak Board of Directors public meeting is that the company has momentum to keep growing patronage despite any headwinds that might begin blowing when the Trump Administration and an all-Republican Congress take over in January. The session today (Wednesday, Dec. 4) was held at a ballroom […]
PALM BEACH, Fla. — Canadian Pacific Kansas City CEO Keith Creel is confident that free trade will continue in North America despite President-elect Donald J. Trump’s threat to impose 25% tariffs on goods imported from Mexico and Canada. U.S. trade with Mexico and Canada has grown since the Trump-driven USMCA trade agreement replaced NAFTA and […]
