April 17, 2020 | Commuter Rail, Headlines
(Source: www.nj.com, April 16, 2020) NEWARK, N.J. — NJ Transit’s CEO and president is the latest transit executive in the metro region to test positive for the coronavirus, agency officials said. Kevin Corbett learned he tested positive for COVID-19 and is maintaining...
April 17, 2020 | Headlines, NS
(Source: Freight Waves, April 16, 2020) CHATTANOOGA, Tenn. — Norfolk Southern has shed approximately 300 locomotives and intends to put up another 400 for sale, the Eastern U.S. railroad said in a Thursday filing to the Securities and Exchange Commission (SEC). The...
April 17, 2020 | AAR Freight Trends, Headlines
(Source: Association of American Railroads press release, April 15, 2020) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 11, 2020. For this week, total U.S. weekly rail traffic was 412,503...
April 17, 2020 | AAR Freight Trends, Headlines
(Source: Railway Age, April 15, 2020) NEW YORK — The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended April 11, 2020, and it’s clear that the coronavirus continues to wreak havoc: Total carloads for this week were 198,726 carloads,...
April 17, 2020 | Headlines, KCS, Quarterly Income
(Source: Freight Waves, April 17, 2020) CHATTANOOGA, Tenn. — Kansas City Southern saw record revenue of $731.7 million in the first quarter of 2020, a 7% increase from the first quarter of 2019 amid revenue gains for its chemicals and petroleum segments as well as for...