FORT WORTH, Texas — BNSF Railway’s revenue and profits were up in 2018, with industrial products revenue and volume leading the way. BNSF’s annual operating income increased 9 percent, to $6.9 billion, on revenue of $23.9 billion, an increase of 12 percent, the railroad’s parent, Berkshire Hathaway, reported on Saturday and BNSF reported in its […]
WASHINGTON — China’s state-owned rail equipment manufacturer is showing interest in building new rail cars for the Washington Metro system, the Washington Post reports, despite concerns expressed in Congress about cybersecurity and economic issues of such a plan. CRRC sent 11 employees to a January event for companies interested in bidding on the system’s 8000-series […]
WILMERDING, Pa. — The deed is done. GE Transportation and Wabtec are now a single, merged company. In documents released early on Monday, officials with the combined company expect Wabtec Corp.’s divisions to earn about $8.4 billion in revenue producing locomotives and parts, mining equipment, heavy-duty diesel engines, railroad components, information services, and transit systems. […]
Members of the Hoosier Heartland Trolley Company Board of Directors pose with Indiana Union Traction No. 429 “Noblesville” in October 2018 just hours after it had been relocated from Noblesville, Ind. to a private, secure site. Hoosier Heartland Trolley Co. INDIANAPOLIS — After making headlines for saving several historic trolley cars from the Indiana Transportation […]
OKLAHOMA CITY, Okla. — The Oklahoma House of Representatives overwhelmingly approved House Bill 2472, a Republican-backed measure to allow law enforcement to fine railroads up to $10,000 for blocking grade crossings for more than 10 minutes. The bill, which enjoys large bi-partisan support, passed by a vote of 92-5, and will now move forward to […]
CONCORD, N.H. — United Rail, Inc., said Monday that it has acquired the New England Southern Railroad in New Hampshire. NES operates a 22-mile rail line in the Concord, N.H., area, and interchanges with Pan Am Railways for southbound freight shipments. According to a statement from United Rail, the acquisition of New England Southern gives […]
The former Manitou & Pikes Peak cars rest after delivery in Golden in mid-February. Two photos, Colorado Railroad Museum: Matthew Isaacks GOLDEN, Colo. – The Colorado Railroad Museum has received three power and passenger cars from the Broadmoor Pikes Peak Cog Railway, formerly the Manitou & Pike’s Peak Railway. Nos. 7, 9, and 12 were […]
MIAMI — CSX Transportation’s capital spending is perfectly in line with the railroad’s current maintenance and growth needs, CEO Jim Foote says. The railroad will spend about $1.6 billion this year to maintain its network and embark on a handful of modest intermodal terminal expansion projects, down from $2.7 billion in 2016 — about a […]
CHICAGO — Real estate developers have rekindled decade-old plans to build high-rise buildings above 34 acres of railroad tracks near downtown Chicago used by Metra Electric and South Shore Line trains and formerly used by the old Illinois Central. The key developer, Gerald Fogelson, is responsible for building the massive Central Station residential development on […]
The New Mexico state legislature is considering an amendment to Section 63-2-2 of NMSA 1978, which would require two-man crews to operate freight trains. The amendment “HB 244” would require two crew members to be in the cab during operations of freight trains with the exception of hostling and remote-control locomotives in railyards. During a […]
SACRAMENTO, Calif. – It’s likely that the California High Speed Rail Authority would have already lost access to the $929 million grant that the Federal Railroad Administration is now seeking to terminate had not President Barack Obama acted in the final hours of his administration to extend the deadline for completion of the Central Valley […]
Each week, Trains editors discuss all the news that is fit to publish. This week, Associate Editor Brian Schmidt and Digital Editor Steve Sweeney talk about the California High Speed Rail dilemma, bad weather cutting rail capacity, a locomotive purchase for Metra, and more. Only from Trains! […]
