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Daily Headlines
MBTA GM: $827 million in new federal coronavirus aid might not be enough
(Source: State House News Service, April 27, 2020) BOSTON — The MBTA will likely need to use about a quarter of the $827 million emergency federal funding it received to close a major pandemic-caused revenue gap in this year’s budget, and ridership and financial...
Pandemic scuppers Amtrak’s hopes of breaking even
(Source: Railway Gazette, April 27, 2020) WASHINGTON, D.C. — Amtrak has lost close to 95% its ridership since the advent of the coronavirus pandemic, just as the national passenger carrier was projecting that it would finally break even for the first time in almost 50...
Rail industry positioned for resilience despite coronavirus toll
(Source: Freight Waves, April 27, 2020) CHATTANOOGA, Tenn. — North American rail volumes have fallen both week-over-week and year-over-year in the face of the coronavirus pandemic. The fall comes as nonessential businesses close up shop and consumers become less...
Railroaders may be eligible for pandemic unemployment benefits
(Source: Progressive Railroading, April 27, 2020) Railroaders may be eligible for benefits under the Pandemic Unemployment Assistance (PUA) that was established under the federal Coronavirus Aid, Relief and Economic Security (CARES) Act, according to the Brotherhood...
CN’s coal shipments reach record high in March
(Source: S&P Global Platts, April 27, 2020) HOUSTON — Canadian National railroad reported a record level of coal shipments in March, along with strong revenues in the first quarter, executives said Monday. Not only did CN move all-time records for coal in March, but...
CN reports Q1 2020 financial results
(Source: CN press release, April 27, 2020) MONTREAL — CN today reported its financial and operating results for the first quarter ended March 31, 2020. “CN's team of dedicated railroaders has demonstrated the Company's ability to overcome difficult situations and keep...
CN withdraws profit forecast after rail blockades, COVID-19 downturn
(Source: Canadian Press, April 27, 2020) MONTREAL — Canadian National Railway Co. says it is withdrawing its profit forecast for the year due to the uncertainty fostered by the COVID-19 pandemic. The country's largest railway says the link between freight demand and...
Delaware legislators offer bill aimed at getting Maryland commuter trains to Newark
(Source: Delaware Business Now, April 26, 2020) NEWARK, Del. — Amid signs that Maryland is becoming more receptive to extending its commuter rail line to Delaware, state Rep. Ed Osienski and state Sen. Stephanie Hansen filed legislation that would authorize the...
Operation Lifesaver awards $200,000 for crossing safety public awareness campaigns in 14 states
(Source: Operation Lifesaver press release, April 24, 2020) WASHINGTON, D.C. — – Operation Lifesaver, Inc. (OLI), in partnership with the Federal Highway Administration (FHWA), today announced $200,000 in grants to Operation Lifesaver programs in 14 states. The grants...
Buses temporarily replacing Amtrak Hiawatha trains between Milwaukee and Chicago
(Source: Journal Times, April 25, 2020) STURTEVANT — In response to lower ridership demand because of the COVID-19 pandemic, Amtrak, in partnership with the Wisconsin and Illinois state transportation departments, is temporarily substituting daily Amtrak Thruway Buses...
