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CSX announces Q1 2025 results

(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...

SEPTA prepares for major service cuts

(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,...

Amtrak CEO abruptly resigns

(Source: Associated Press, March 20, 2025) Amtrak CEO Stephen Gardner abruptly resigned from his top post at the U.S. passenger railroad this week.Gardner’s departure also arrives just weeks after billionaire Elon Musk floated the idea of privatizing Amtrak, as well...