WILSON, N.C. — Shortline company Regional Rail will acquire the Carolina Coastal Railway, which operates about 180 miles of track in North and South Carolina. Regional Rail announced the deal today. It is subject to approval by the Surface Transportation Board. Carolina Coastal (reporting mark CLNA) operates a 142-mile route between Raleigh and Plymouth, N.C. […]
ST. LOUIS — RR Mergers & Acquisitions announces the sale of J&A Industries to CDL Electric Co. Headquartered in Kansas City, Mo., J&A Industries is a leading manufacturer of signal equipment to major railroad industry leaders, including BNSF Railway and Union Pacific. Since 1986, CDL has been providing signal solutions, maintenance, and installation of highway […]
MONTREAL — Conductors, train persons, and yard workers have ratified a new three-year labor agreement with Canadian National, two months after walking off the job for a week. On Friday, the Teamsters Canada Rail Conference announced that 91.3% of their 3,000 members voted in favor of the new deal. The new contract addresses a number […]
Construction work continues on the extension of San Diego’s light rail system to La Jolla, Calif. Increased spending on public transportation is a part of the platform of most major Democratic presidential candidates. TRAINS: David Lassen The campaign for the Democratic presidential nomination is about to move into a new phase, with the Feb. 3 […]
NJ Transit trains meet in Elizabeth, N.J., in August 2019. A highly critical state auditor’s report says the commuter railroad is at risk of missing the deadline for positive train control implementation, among other issues. TRAINS: David Lassen Friday morning rail news of note: — A state auditor’s report says NJ Transit is at risk […]
WASHINGTON – One of the nation’s largest railroad unions is suing the National Mediation Board after the government agency appointed an arbitrator to handle the issue of crew size, forcing the labor group to deal with a matter they had hoped to avoid during the upcoming round of national bargaining. The National Railway Labor Conference, […]
Trains editors discuss rail news that’s fit to publish! This week, Jim and Steve talk about a re-built K-37 2-8-2 steam locomotive in Colorado, Class I railroad earnings, and a Charger locomotive test train. […]
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 […]
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 […]
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 […]
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 […]
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. […]
