A Canadian Pacific stack train, with a few auto racks tacked onto the front end, passes through Wauwatosa, Wis., on Jan. 28, 2020. CP reported record results in its quarterly earnings call Wednesday. TRAINS: David Lassen Canadian Pacific CEO Keith Creel TRAINS: David Lassen CALGARY, Alberta – Canadian Pacific, the lone Class I railroad to […]
Canadian Pacific sees Port of Saint John as its Vancouver of the East NEWSWIRE
Keith Creel, Canadian Pacific CEO Canadian Pacific CALGARY, Alberta — Canadian Pacific CEO Keith Creel is excited about his railway’s return to Eastern Canada with its $130 million acquisition of the 481-mile Central Maine & Quebec Railway. CP sold off its routes east of Montreal, including what became the CM&Q and J.D. Irving short lines […]
News Wire Digest for Thursday, Jan. 30 NEWSWIRE
Your morning look at rail news headlines: — The Associated Press reports that Virginia’s House of Delegates is scheduled to vote next week on a transportation bill that includes creation of the Virginia Passenger Rail Authority, to oversee state rail operations. — As part of its efforts to find alternative funding, the Southeast Pennsylvania has […]
Conductors’ strike and traffic decline hit Canadian National’s quarterly earnings NEWSWIRE
MONTREAL – Canadian National’s fourth quarter earnings declined sharply due to the impact of a nine-day conductor strike in Canada and weakening freight demand, the railway reported on Tuesday. The railway’s quarterly operating income declined 16%, to $1.2 billion, as revenue dipped 6%, to $3.6 billion. Earnings per share, adjusted for the impact of one-time […]
News Wire Digest for Wednesday, Jan. 29 NEWSWIRE
BNSF has completed the process of removing these locomotives, which derailed in a Jan. 1 accident, from an Idaho River. Idaho State Police A morning look at notable rail news: — BNSF Railway has completed the process of removing two locomotives from the Kootenai River in Idaho following a Jan. 1 derailment, KHQ TV reports. […]
Norfolk Southern touts service improvements as volume, revenue, and profits fall NEWSWIRE
NORFOLK, Va. — Norfolk Southern’s profits and revenue fell in the fourth quarter amid broad traffic declines led by a 21% drop in coal volume, the railroad reported today. For the quarter, the railroad’s operating income declined 11%, to $962 million, as revenue fell 7%, to $2.9 billion. Earnings per share slumped 1%, to $2.55. […]
Union Pacific to resume interline service in some domestic intermodal lanes NEWSWIRE
OMAHA, Neb. — Union Pacific next month will resume intermodal service in nearly 60 interline lanes it dropped last year under its shift to a Precision Scheduled Railroading operating model and its emphasis on a simplified network. Since late 2018 UP has scrapped service between hundreds of intermodal points it jointly served with CSX Transportation […]
Virginia-CSX deal’s impact will extend to North Carolina NEWSWIRE
Weeds have begun encroaching on remnants of the former Seaboard S Line at Norlina, N.C., in this 2007 view. Bob Johnston Third article in a series on Virginia’s rail plans. The first, on the impact near Washington, D.C., is available here. The second, on the statewide passenger rail impact, is here. NORLINA, N.C. — Nowhere […]
Amtrak tests Charger locomotives on ‘Empire Builder’ route NEWSWIRE
Charger locomotive No. 4627 leads an Amtrak test train through Wauwatosa, Wis., on Tuesday afternoon. Amtrak is testing the locomotives for use in long-distance service. TRAINS: David Lassen CHICAGO — People along Amtrak’s Empire Builder route are getting a preview of the future of long-distance passenger service this week as the railroad runs a test […]
Amtrak to begin offering bus-only tickets in California NEWSWIRE
STOCKTON, Calif. — Amtrak will begin offering bus-only tickets on some routes in California, following approval of the plan by the agency which oversees San Joaquin train service. KGET-TV reports the San Joaquin Joint Powers Authority voted at a Friday meeting to allow the passenger railroad to sell bus-only tickets on its Bakersfield-Oxnard-Santa Barbara and […]
Illinois members of Congress call on Amtrak to meet accessibility needs NEWSWIRE
The official portrait of U.S. Sen. Tammy Duckworth Sen. Tammy Duckworth WASHINGTON – U.S. Sen. Tammy Duckworth and two other members of the Illinois congressional delegation have sent Amtrak CEO Richard Anderson a letter expressing their unhappiness over the recent incident in which passengers using wheelchairs were quoted a price of $25,000 to travel from […]
Investigations into a fatal Canadian Pacific runaway train continue nearly a year afterward NEWSWIRE
FIELD, British Columbia — Nearly a year after a runaway grain train derailed in the mountains of British Columbia, killing three Canadian Pacific railroaders, questions remain about what led to the tragedy. On Feb. 4, 2019, a westbound grain train near the Alberta-British Columbia border began to roll down Kicking Horse Pass shortly after a […]