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If you believe that railroads have sacrificed volume growth on the altar of the Cult of the Operating Ratio, then here’s some good news: A Wall Street analyst says major investors are growing weary of cost-cutting and want to see railroads attract more traffic. Credit Suisse analyst Allison Landry says some institutional investors are […]
WASHINGTON — Wabtec CEO Rafael Santana asked Congress today to help fund a Freight Rail Innovation Institute that will develop zero-emissions locomotive technology to replace the diesel by 2030. “Wabtec’s goal is to develop the next generation of zero-emission locomotives. Wabtec has a clear path to power new locomotives – and repower existing locomotives – […]
WASHINGTON — For the second week in a row, U.S. railroads saw in increase in both carload and intermodal traffic compared with the same week a year earlier, according to the latest figures from the Association of American Railroads. Statistics for the week ending March 13 show U.S. railroads moving 230,684 total carloads, a 2.1% […]
MBTA takes new cars out of service, will run bus bridge for three weeks after derailment The Massachusetts Bay Transportation Authority has taken its new Orange Line and Red Line subway cars out of service as it investigates Tuesday’s low-speed derailment of a train with 100 passengers aboard. The Boston Herald also reports a bus […]
Union Pacific’s Fritz says railroad’s process of getting vaccine for workers has been complex Union Pacific CEO Lance Fritz says railroad employees have begun receiving COVID-19 vaccinations, but that the process is a challenging one. “We serve 23 western states, and in every state the process to get a vaccine into an arm is different,” […]
Crew misunderstanding, lack of ‘physical defenses’ play part in CP Calgary accident, TSB says A yard crew’s misunderstanding of track permission granted to an intermodal train, along with a lack of “physical defenses” such as signals, led to a collision and derailment of two Canadian Pacific trains near Calgary’s Alyth Yard in March 2019, the […]
WASHINGTON — Amtrak is taking its effort to start service along the Gulf Coast to the Surface Transportation Board. The passenger railroad is asking the regulatory body to require CSX Transportation and Norfolk Southern to permit operation of two daily round trips between New Orleans and Mobile, Ala. In its filing, Amtrak is asking for […]
WASHINGTON — Vermont Rail System has urged federal regulators to reject CSX Transportation’s proposed acquisition of neighboring New England regional Pan Am Railways, saying the deal would reduce competition. Much of VRS’s opposition, disclosed in regulatory filing on Tuesday, flows from a separate element of the Pan Am deal: The naming of a Genesee & […]
BLET files opposition to Rocky Mountaineer petition to STB The Brotherhood of Locomotive Engineers and Trainmen has informed the Surface Transportation Board it is opposing some aspects of the effort by Rocky Mountaineer to launch luxury train service between Denver and Moab, Utah. In a filing, the union said it opposes American Rocky Mountaineer’s request […]
MARTINSBURG, W.Va. — The Berkeley County Roundhouse Authority has been given a former Baltimore & Ohio Railroad Alco S-2 switcher for display and interpretation at the former B&O roundhouse in Martinsburg. The non-profit authority is seeking funds to transport the locomotive from West Chester, Pa., to Martinsburg. Due to several factors, the locomotive must be […]
WASHINGTON — Amtrak will paint at least six locomotive in new and heritage paint schemes in the coming months in honor of the railroad’s 50th anniversary this year. In a YouTube video launched Tuesday, March 16, an Amtrak representative discusses the history of the railroad’s liveries and detailed the newest paint schemes well into the […]
Savannah port sees first traffic at new container terminal; rail capacity project advances The Port of Savannah, Ga., has welcomed the first container ship to call on its Ocean Terminal, partially converted from roll-on/roll-off cargo to handle container traffic. The Savannah Morning News reports the conversion adds 210,000 twenty-foot-equaivalent units, or TEUs — the standard […]
