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Senators’ legislation would provide $500 million annually for grade-crossing separation, other improvements U.S. Sens. Maria Cantwell (D-Wash.) and Roy Blunt (R.-Mo.) have introduced legislation to provide $2.5 billion — $500 million annually for five years — for grade-crossing separation projects and other track relocation projects to improve safety or reduce congestion. “Too many people are […]
DENVER – The last vestige of north-south passenger trains serving the Mile-High City disappeared 50 years ago when Santa Fe’s ragamuffin round trip to the east-west main line at La Junta, Colo., didn’t transition to Amtrak. But work is well under way to change that. The Southwest Chief and Front Range Passenger Rail Commission is […]
OMAHA, Neb. — Union Pacific is closely watching the battle for Kansas City Southern and how an acquisition by either Canadian Pacific or Canadian National could affect its cross-border traffic. UP CEO Lance Fritz notes that U.S. regulations require that mergers between Class I railroads must enhance competition and improve service for all shippers. “For […]
OMAHA, Neb. — Union Pacific reported lower quarterly earnings on Thursday as harsh winter weather took a toll on volume and revenue. UP’s quarterly operating income declined 7%, to $1.99 billion, as revenue sank 4%, to $5 billion. Earnings per share declined 7%, to $2. UP’s operating ratio rose 1.1 points to 60.1% due to […]
CHICAGO — Union Pacific will resume collecting fares on the three routes it operates for Metra on June 1 — about a year after the rest of the Metra system began doing so, and more than six months after Metra sued UP over its fare collection policies. Streetsblog Chicago reports that UP conductors began informing […]
Pockets of congestion and overall high volumes are slowing most railroads’ intermodal networks, prompting BNSF Railway, Union Pacific, and Norfolk Southern to take steps to manage capacity. BNSF, the largest intermodal carrier, announced several changes designed to ease congestion at key terminals beginning next week. BNSF will implement day-of-week in-gate windows at its Hobart terminal […]
R. R. Wallin was trackside in Wyoming with his 8mm movie camera to capture Big Boys in their final two summers of service. […]
R. R. Wallin was trackside in Wyoming with his 8mm movie camera to capture Big Boys in their final two summers of service. […]
Union Pacific to close Palestine, Texas, car shop, subject of lawsuit Union Pacific will close its car shop in Palestine, Texas, as of June 14, eliminating as many as 57 positions. The Palestine Herald-Press reports employees were notified Thursday; a Union Pacific spokeswoman confirmed the closure and attributed it to operational changes across the system. […]
OMAHA, Neb. — Union Pacific has resisted an activist investment firm’s push to allow shareholders to have an annual non-binding vote on the railroad’s efforts to reduce its carbon footprint. London-based TCI Fund Management, which has investments in Canadian National, Canadian Pacific, and UP, contends that a company’s greenhouse gas emissions will have an impact […]
Work on F line tunnel completed, ending Superstorm Sandy repairs The Metropolitan Transportation Authority has completed reapirs on the F line subway tunnel under the East River, concluding work on all 11 MTA under-river tunnels that were damaged by the floodwaters of Superstorm Sandy in 2012. Janno Lieber, president of MTA Construction & Development, said […]
WASHINGTON — It’s back to the drawing board for Rio Grande Pacific’s plans to lease and revive Union Pacific’s long-dormant route over Tennessee Pass in Colorado. The Surface Transportation Board on Thursday rejected the exemption that Rio Grande Pacific sought for the transaction. Under board rules, small deals such as a lease or sale of […]
