March 20, 2020 | Amtrak, Commuter Rail, Headlines
(Source: Progressive Railroading, March 19, 2020) The Metropolitan Transportation Authority (MTA) in New York City tomorrow will draw down $1 billion of emergency funds on its existing line of credit to respond to the COVID-19 pandemic, MTA Chairman and Chief...
March 20, 2020 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, March 19, 2020) CALGARY — Canadian Pacific Railway Limited announced today that it has completed the filing of its notice of meeting and management proxy circular for CP’s 2020 annual meeting of shareholders with...
March 20, 2020 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, March 20, 2020) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its first quarter 2020 financial results on Friday, April 17, 2020, before the opening of trading on the New York Stock Exchange. KCS will also hold...
March 20, 2020 | Commuter Rail, Headlines
(Source: Politico, March 19, 2020) WASHINGTON, D.C. — NJ Transit, which runs one the of the nation’s largest commuter transportation networks, has lost 88 percent of its ridership and now needs a $1.25 billion federal bailout in order to survive, according to a letter...
March 20, 2020 | AAR Freight Trends, Headlines
(Source: S&P Global Platts, March 18, 2020) HOUSTON — US coal carloads fell to a 10-year low 55,542 in the week ended March 14, down 5.3% from a week earlier and 23% lower than the year-ago week, the Association of American Railroads said Wednesday. Full story:...
