Class I operating ratios reach new lows in 2019 NEWSWIRE

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A CSX train passes through Blue Island, Ill., in September 2019. CSX led Class I railroads in operating ratio in 2019. TRAINS: David Lassen The operating ratio at every Class I railroad fell below 65% for the first time in 2019 as the industry average improved to an all-time low of 61.9%. The increased profitability […]

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CSX to spin off branch line linking West Virginia, Ohio NEWSWIRE

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PARKERSBURG, W.Va. – CSX Transportation will lease its 39-mile Marietta Subdivision and related trackage in West Virginia and Ohio to a short line operator. Employees on the line, which runs from Parkersburg, W.Va., to Marietta and Relief, Ohio, were informed of the pending transaction in a letter dated Wednesday. Belpre Industrial Parkersburg Railroad, which will […]

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Donations pour in to steam the last Baldwin

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CUMBERLAND, Md. — The Trains Magazine led fund-raising effort to contribute $100,000 toward the restoration of the last Baldwin steam locomotive made for domestic use — Chesapeake & Ohio 2-6-6-2 No. 1309 — is off to a good start. With the appeal to readers still in its first month, more than $41,000 — including one […]

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Trains News Wire Digest for Friday, Feb. 28 NEWSWIRE

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Friday morning rail news: — Norfolk Southern has informed customers that Pan Am Railways’ Hoosac Tunnel in Western Massachusetts is now expected to remain out of service until mid-March, following the partial collapse of a wall in the 145-year-old tunnel on Feb. 12. The closure affects the line between Mechanicville, N.Y., and Ayer, Mass.; NS […]

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FRA updates positive train control readiness NEWSWIRE

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WASHINGTON — The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today released a quarterly status update on railroads’ self-reported progress, as of December 31, 2019, toward fully implementing positive train control (PTC) systems as required by Congress. Based on Fourth Quarter 2019 PTC Progress Reports from the 42 railroads statutorily required to implement the […]

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Trains News Wire Digest for Thursday, Feb. 27 NEWSWIRE

Two-car EMU trainset rounds curve

NJ Transit’s “Princeton Dinky” shuttle arrives in Princeton, N.J., on Aug. 6, 2019. NJ Transit will receive a record subsidy under the budget proposed by Gov. Phil Murphy. TRAINS: David Lassen Thursday morning rail news: — New Jersey Gov. Phil Murphy’s proposed 2021 state budget would increase funding for NJ Transit by $132 million to […]

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UP coal traffic has hit bottom, CEO says NEWSWIRE

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A Union Pacific coal train heads east through Glen Ellyn, Ill., on Feb. 23, 2020. The railroad’s coal traffic has hit bottom as low natural gas prices lead to shutdowns of coal-fired power plans, according to CEO Lance Fritz. TRAINS: David Lassen MIAMI BEACH, Fla. — Union Pacific’s coal traffic — which is down 30% […]

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