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Daily Headlines
CSX announces Q4 and full year 2019 results
(Source: CSX press release, January 16, 2020) JACKSONVILLE, Fla. — CSX Corporation (NASDAQ: CSX) today announced fourth quarter 2019 net earnings of $771 million, or $0.99 per share, versus $843 million, or $1.01 per share in the same period last year. CSX’s operating...
CSX Q4 2019 profit declines 9% as railroad hauls less freight
(Source: Associated Press, January 16, 2020) JACKSONVILLE, Fla. — CSX said its profit declined 9% in the fourth quarter of 2019 as the railroad hauled 7% less freight. The railroad said Thursday it earned $771 million, or 99 cents per share, in the quarter. That’s...
Union Pacific CEO: PSR is an outdated term because it’s the new norm
(Source: Supply Chain Dive, January 16, 2020) LOMBARD, Ill. — Precision-scheduled railroading (PSR) is an outdated phrase, Union Pacific Railroad CEO Lance Fritz told the Midwest Association of Rail Shippers' Winter Meeting in Lombard, Illinois, Wednesday. Full story:...
U.S. rail volumes trend lower amid tailwinds
(Source: Freight Waves, January 16, 2020) CHATTANOOGA, Tenn. — U.S. rail traffic continued to inch downward for the first two weeks of 2020 amid trade tailwinds. Year-to-date U.S. rail volumes for the week ending Saturday totaled 915,638 carloads and intermodal units,...
AAR: Rail traffic down again for week ending January 11, 2020
(Source: Association of American Railroads press release, January 15, 2020) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 11, 2020. For this week, total U.S. weekly rail traffic was 501,624...
Operation Lifesaver introduces resource for news media reporting on suicide-related rail accidents
(Source: Operation Lifesaver press release, January 14, 2020) WASHINGTON, D.C. — Operation Lifesaver, Inc., (OLI) the national, nonprofit rail safety education organization, is providing a new resource that offers effective messaging and techniques to the news media...
One locomotive recovered, work underway to bring up lead locomotive from Kootenai River
(Source: Kootenai Valley Times, January 14, 2020) BONNERS FERRY, Idaho — Burlington Northern Santa Fe officials report that crews have removed one of the two locomotives that went over an embankment and into the Kootenai River about three miles east of the...
Lincoln senator proposes a Lincoln to Omaha rail system
(Source: Radio station KOLN/KGIN, January 14, 2020) LINCOLN, Neb. — A Lincoln senator is proposing Nebraska build a Lincoln to Omaha train system to boost each city's economy. Full story: www.1011now.com
Virginia’s senators urge support for Amtrak application
(Source: Transportation Today, January 14, 2020) WASHINGTON, D.C. — U.S. Sens. Tim Kaine (D-VA) and Mark R. Warner (D-VA) recently sent a letter to U.S. Department of Transportation Secretary Elaine Chao asking the department to support Virginia’s joint application...
Amtrak pitches new Memphis-to-Chicago, other Tennessee lines to state legislators
(Source: Nashville Tennessean, January 15, 2020) NASHVILLE, Tenn. — Railway enthusiasts in Memphis could see an additional daylight route to Chicago, if Amtrak's visions for additional passenger service in Tennessee come to fruition. Full story: Memphis...
