WASHINGTON — Amtrak is projecting fiscal 2021 ridership of just 9 million, a 72% decline from 2019’s record 32.5 million passengers, CEO William Flynn told members of the Senate Commerce Committee, who expressed skepticism and concern over the move to three-day-a-week service for most long-distance trains. In testimony submitted Wednesday morning, Flynn qualifies his estimate […]
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Tuesday morning rail news: FreightCar America to move production to new factory in Mexico, secures $40 million loan Rail equipment manufacturer FreightCar America will shift all manufacturing to Mexico as part of moves announced Monday. The company has completed purchase of its partner’s 50% interest and now is sole owner of its new Castanos, Mexico, […]
CALGARY, Alberta — Canadian Pacific aims to control its own destiny by purchasing the Detroit River Rail Tunnel, a key link in its route connecting Chicago with Toronto, Montreal, and Eastern Canada. The $312 million deal, announced last week and subject to regulatory approval, will for the first time give CP full ownership of the […]
CALGARY, Alberta — Canadian Pacific’s earnings slumped in the third quarter due to pandemic-related volume declines, but the railway boosted its outlook for the year and expects to set a fourth-quarter operating ratio record as traffic growth accelerates. CP on Tuesday morning reported its operating income decreased 10%, to $779 million, as revenue fell 6%, to […]
Various BNSF Railway yard switchers sit in storage at Galesburg, Ill., in October 2010, waiting for their next assignment. Photo by William B. Cecil […]
Norfolk Southern GP59 No. 4610, the railroad’s original heritage unit, sits at the Tennessee Valley Railroad Museum in Chattanooga for Railfest 2011 on Sept. 3. The locomotive has since been repainted. Photo by Bradley Bates […]
Norfolk Southern SD70ACe No. 1068, the Erie-painted heritage unit, leads train No. 301 from Decatur, Ill., to St. Louis, Mo. on Feb. 12, 2014. The train is seen at Stonington, Ill., on the former Wabash main line. Photo by Bruce Bird […]
Credit the Chicago, Burlington & Quincy for building the first modern-day dome car. The “Silver Dome,” built from a coach, debuted in 1945. Photo by Burlington Route […]
Rio Grande Scenic Railroad steam excursion led by ex-Lake Superior & Ishpeming 2-8-0 No. 18 heads west in Monte Vista, Colo., on Aug. 2, 2008. William Diehl […]
OMAHA, Neb. — Union Pacific Chief Operating Officer Jim Vena will move to a role as senior advisor as of Jan. 1, 2021, with Eric Gehringer succeeding Vena as executive vice president-operations. Vena, 62, joined Union Pacific in January 2019, overseeing all aspects of operations including the railroad’s transition to its version of precision scheduled […]
Tuesday afternoon rail news: NRC to hold ‘First Look’ webcasts in place of annual convention The National Railroad Construction and Maintenance Association will hold a series of webcasts in January to replace its annual NRC Conference, which had been scheduled for January 2021 in Hollywood, Fla., scrapped because of the COVID-19 pandemic. The “NRC First […]
