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Daily Headlines
Homeland Security training exercise impacts Amtrak in N.Y.
(Source: Columbia-Greene Media, April 17, 2019) NEW YORK — The New York State Division of Homeland Security and Emergency Services has announced that an “Operation NY S.E.C.U.R.E.” (Securing the Empire Corridor by Unifying Regional Efforts) exercise will take place at...
Hyndman derailment spurs suit against CSX
(Source: Altoona Mirror, April 17, 2019) ALTOONA, Pa. — A lawsuit brought in the Bedford County Court of Common pleas by a Hyndman family, claiming damages for injuries suffered during a 2017 train derailment, has been moved by the CSX railroad to the U.S. District...
Amtrak’s Hoosier State ignored by state Senate as prospects fade to save the line
(Source: Journal & Courier, April 16, 2019) LAFAYETTE, Ind. — There was no last-minute reprieve in the Indiana Senate Tuesday night to save Amtrak’s Hoosier State line, which stops four days a week in downtown Lafayette, going between Indianapolis and Chicago. Full...
Metra, politicians unload on Amtrak over Feb. 28 system failure
(Source: Chicago Sun-Times, April 16, 2019) CHICAGO — Metra’s CEO asserted Tuesday that if Metra controlled Union Station instead of Amtrak, the mistake that stranded nearly 100,000 commuters on Feb. 28 never would have happened. The massive commuter headache happened...
CSX overcomes “polar vortex” to top Wall Street’s profit view in 1Q 2019
(Source: Reuters, April 16, 2019) LOS ANGELES — CSX Corp. on Tuesday reported a quarterly profit that topped Wall Street’s target, after the No. 3 U.S. railroad operator pushed through price increases and contained labor and fuel costs by running fewer, but longer...
CSX 1Q 2019 operating ratio falls below 60 percent
(Source: Freight Waves, April 16, 2019) CHATTANOOGA, Tenn. — CSX achieved an operating ratio of less than 60 percent in the first quarter amid continued efforts to employ precision scheduled railroading (PSR) throughout its network. First-quarter net earnings totaled...
KCS reports Q1 2019 results
(Source: Kansas City Southern press release (PDF), April 17, 2019) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record first quarter revenues of $675 million, an increase of 6% from first quarter 2018. Overall, carload volumes declined by 1% compared to...
CSX announces Q1 2019 results
(Source: CSX press release, April 16, 2019) JACKSONVILLE, Fla. — CSX Corporation today announced first quarter 2019 net earnings of $834 million, or $1.02 per share, versus $695 million, or $0.78 per share in the same period last year (an earnings per share increase...
CSX, R.J. Corman to transport historic locomotive through central Kentucky
(Source: Television station WTVQ, April 15, 2019) LEXINGTON, Ky. — A giant piece of Kentucky’s past will come rumbling through the bluegrass this summer. Chesapeake and Ohio 2716, a massive 75-year old steam locomotive, will travel from the Bardstown area to Ravenna,...
Regulator says CN breached service obligations through use of freight embargoes at West Coast
(Source: Manitoba Co-operator, April 15, 2019) WINNIPEG — Canadian National Railway has been found in breach of its service obligations on grain and other traffic by a federal regulator aiming to crack down on the company’s use of freight embargoes. Full story:...
