September 11, 2025 | Headlines, STB
(Source: Freight Waves, September 11, 2025) President Trump has nominated railroad industry consultant Richard Kloster for an initial five-year term as a member of the Surface Transportation Board, and re-nominated current member Michelle Schultz, FreightWaves has...
August 28, 2025 | Headlines, STB
(Source: Trains.com, August 28, 2025) President Donald J. Trump yesterday fired Surface Transportation Board member Robert E. Primus, breaking a 2-2 partisan split at the rail regulator while leaving it two members short of full strength just months before it is...
August 7, 2025 | Headlines, Railroad Safety, UP
(Source: Los Angeles Times, August 5, 2025) About 10 times each day, giant freight trains pass along a narrow section of track along the Sacramento River in far Northern California where engineers on the locomotives regularly tense up with stress. “Every single time,...
August 7, 2025 | BNSF, Headlines, Quarterly Income
(Source: Progressive Railroading, August 5, 2025) BNSF Railway Co. recently reported second-quarter revenue of $5.7 billion, which was flat compared with second-quarter 2024’s mark. The Class I’s operating income and net income in the quarter climbed 19%...
August 7, 2025 | DOL, Headlines, UP, Whistleblower
(Source: U.S. Department of Labor press release, August 6, 2025) DALLAS – A federal whistleblower investigation found that Union Pacific Railroad Co. violated the Federal Railroad Safety Act by terminating a railroad engineer after the employee reported and sought...
August 7, 2025 | Headlines, Short Line
(Railfan & Railroad Magazine, August 7, 2025) The Wheeling & Lake Erie, the over 800-mile regional railroad that runs through Ohio, West Virginia, Maryland, and Pennsylvania, is being sold to FTAI Infrastructure, Inc., for $1.05 billion. Once approved by...
August 1, 2025 | Headlines, NS, UP
(Source: Union Pacific press release, July 29, 2025) Union Pacific Corporation and Norfolk Southern Corporation today announced an agreement to create America’s first transcontinental railroad. These legendary companies will seamlessly connect over 50,000 route miles...
August 1, 2025 | CPKC, Headlines, Quarterly Income
(Source: Canadian Pacific Kansas City press release, July 30, 2025) Canadian Pacific Kansas City (CPKC) today announced its second-quarter results, including revenues of $3.7 billion, diluted earnings per share (EPS) of $1.33 and core adjusted diluted EPS1 of $1.12....
August 1, 2025 | CSX, Headlines, Quarterly Income
(Source: CSX press release, July 23, 2025) CSX Corp. announced second quarter 2025 operating income of $1.28 billion compared to $1.45 billion in the prior year period. Net income was $829 million, or $0.44 per diluted share, compared to $963 million, or $0.49 per...
August 1, 2025 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, July 29, 2025) Norfolk Southern Corporation announced its second quarter 2025 financial results. For the quarter, revenue was $3.1 billion, income from railway operations was $1.2 billion, operating ratio was 62.2%, and diluted...
