April 30, 2025 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, April 24, 2025) Union Pacific Corporation reported 2025 first quarter net income of $1.6 billion, or $2.70 per diluted share. This compares to 2024 first quarter net income of $1.6 billion, or $2.69 per diluted share. Highlights...
April 30, 2025 | CSX, Headlines, Quarterly Income
(Source: CSX press release, April 16, 2025) CSX Corp. announced first quarter 2025 operating income of $1.04 billion compared to $1.34 billion in the prior year period. Net income was $646 million, or $0.34 per diluted share, compared to $880 million, or $0.45 per...
April 15, 2025 | Amtrak, Commuter Rail, Headlines
(Source: NorthJersey.com, April 14, 2025) One of the first construction projects associated with the $16 billion Gateway rail tunnel project beneath the Hudson River — the Tonnelle Avenue overpass and relocation of the utilities in North Bergen — is expected to be...
April 15, 2025 | Amtrak, DOT, FRA, Headlines, High Speed Rail
(Source: Texas Tribune, April 15, 2025) President Donald Trump’s administration on Monday terminated a federal grant to help fund a long-sought high-speed rail line between Dallas and Houston — saying that if the embattled project moves forward, it will have to do so...
April 11, 2025 | Commuter Rail, Headlines
(Source: Trains.com, April 10, 2025) The Southeastern Pennsylvania Transportation Authority has become the latest transit agency to unveil plans for draconian service cuts because of a funding shortage. Five Regional Rail lines and 50 bus lines would be eliminated,...
April 9, 2025 | Canada, CN, Headlines, Teamsters Canada
(Source: Teamsters Canada press release, April 8, 2025) Laval, QC, April 7, 2025 – The following statement is attributable to Paul Boucher, President, Teamsters Canada Rail Conference: Today, the Teamsters Canada Rail Conference (Teamsters) received the arbitrator’s...
April 3, 2025 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, April 2, 2025) Under the Railroad Retirement Act (RRA), monthly survivor annuities may be payable to a railroad employee’s widow(er), children, and select other dependents. Lump-sum death benefits may also be payable...
March 31, 2025 | Amtrak, Headlines
(Source: Trains.com, March 28, 2025) In the wake of the departure of its CEO and discussions of the company’s potential privatization, Amtrak is considering cuts to management and other cost-cutting moves, the company has confirmed. Full story:...
March 27, 2025 | Amtrak, Headlines
(Source: Trains.com, March 26, 2025) Amtrak trains on several routes have been cancelled after the company removed its fleet of Horizon passenger cars from service because of concerns over corrosion, raising the possibility of long-term service disruptions. Full...
March 21, 2025 | Amtrak, Headlines
(Source: Trains.com, March 20, 2025) Nothing good will come from Wednesday’s dismissal of Amtrak CEO Stephen Gardner, who was pushed out as part of the White House’s purge of officials who are not deemed loyal to President Donald Trump. The timing of the move was...
