CSX says Pan Am acquisition targets growth

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JACKSONVILLE, Fla. — CSX Transportation sees the potential for growth through its planned acquisition of New England regional Pan Am Railways. “If you look historically, they’ve been able to grow a little bit faster than what we’ve been able to achieve. So we think the growth profile is attractive for us,” Chief Financial Officer Kevin […]

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Digest: Two hurt as BNSF train derails in New Mexico

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Wednesday midday rail news: Two hurt as BNSF train derails in New Mexico Two BNSF Railway crew members were injured in a derailment Wednesday morning in Vado, N.M., KVIA-TV reports. The station says the derailment caused millions of dollars in damage and will require weeks of cleanup, according to the New Mexico State Police. The derailment […]

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Digest: Senate virus relief bill would provide $15 billion for transit, $1 billion for Amtrak

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Wednesday morning rail news: New Senate bill would provide virus relief funding for transit, Amtrak Transit systems would receive $15 billion and Amtrak would get $1 billion under a new $908 billion, bipartisan Senate COVID-19 relief proposal introduced Tuesday. Reuters reports that in all, transportation — including airlines, airports, and private buses — would receive $45 billion […]

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Digest: Women charged with terrorist attack on railroad in Washington state incident

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Tuesday morning rail news: Two women charged with terrorist attack after disrupting BNSF signaling in Washington Two Bellingham, Wash., women have been charged with a terrorist attack and other violence against a railroad carrier after allegedly placing a shunt on BNSF Railway tracks near a Bellingham grade crossing, disrupting crossing gates. The Bellingham Herald reports Samantha […]

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Digest: Amtrak lands operating contract for Metrolink trains

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Tuesday midday rail news: Amtrak lands contract to operate Metrolink trains Southern California commuter rail service Metrolink has awarded Amtrak a new contract to operate its services, effective Jan. 1, 2021 and expiring June 30, 2025. As part of the contract, Amtrak provides and manages engineers and conductors to operate Metrolink trains. Amtrak, which was […]

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CSX, Canadian National extend deadline for Massena Line sale

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WASHINGTON — With the Canadian National’s acquisition of CSX Transportation’s line linking Syracuse, N.Y., with Montreal stuck in regulatory limbo, the railroads have extended a self-imposed deadline for the deal to close. The railroads on Monday told the U.S. Surface Transportation Board that they were extending a Nov. 30 “drop dead date” to Feb. 28, […]

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