CPKC reports higher volume, revenue, and profits for fourth quarter

CALGARY, Alberta – Canadian Pacific Kansas City bucked the industry trend by posting fourth-quarter gains in volume, operating income, and revenue. “I am proud of how our team of incredible railroaders finished this transformational year with a strong fourth quarter, allowing CPKC to deliver volume growth and best-in-class earnings growth in 2023,” CEO Keith Creel […]

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STB rules against CN in Chicago interchange dispute with CP

Black, gray, and yellow locomotives lined up in yard

WASHINGTON — In the latest twist in a long-running Chicago interchange dispute, federal regulators yesterday ruled that it’s unreasonable for Canadian National to unilaterally designate the Belt Railway of Chicago’s Clearing Yard as the location where it will exchange traffic with rival Canadian Pacific Kansas City. It’s the second time that the Surface Transportation Board […]

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Swiss make commitment to maintain Gotthard Pass line

Passenger train rounds curve after emerging from tunnel

BERN, Switzerland — The long-term future of Switzerland’s historic Gotthard Pass rail line, which has been in question since the opening of the Gotthard Base Tunnel in 2016, has been assured with the decision of the Swiss government and Swiss Federal Railways, or SBB, to spend some 1 billion Swiss francs ($1.16 billion) to renovate […]

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News & Products for the week of January 29th 2024

A model caboose in a red paint scheme with a black roof

News & Products for the week of January 29th 2024   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. The following are the products Model Railroader editors have news on for the week of January 29th […]

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Norfolk Southern first Class I railroad to join FRA’s Confidential Close Call Reporting system

Norfolk Southern, the Brotherhood of Locomotive Engineers and Trainmen, and the SMART-TD union will participate in the Federal Railroad Administration’s Confidential Close Call Reporting system, or C3RS, the railroad and labor unions said in a joint statement today. “NS is proud to partner with our labor leaders and FRA to make another industry-leading advancement in […]

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Nine rail projects included in Mega, INFRA grant awards

a train on a bridge

WASHINGTON — Nine rail-related projects were included among the 37 receiving funding from the U.S. Department of Transportation through Mega Grant and INFRA Grant program funding announced on Friday. Two projects — including one from the rail-related group — received grants under both programs. The Mega Grant program — formally the National Infrastructure Projecg Assistance […]

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