October 25, 2023 | CSX, Headlines, Quarterly Income
(Source: Trains.com, October 19, 2023) CSX Transportation earnings declined alongside a third-quarter volume slump. Quarterly operating income dropped 18%, to $1.3 billion, as revenue fell 8%, to $3.6 billion. Earnings per share declined 19%, to 42 cents. CSX’s...
October 18, 2023 | BNSF, Derailment, Fatality, Headlines, NTSB
(Source: Associated Press, October 17, 2023) A broken rail caused a train derailment that collapsed a bridge over an interstate highway in Colorado, killing a truck driver and blocking the road for days, federal authorities said Tuesday based on their preliminary...
October 18, 2023 | Headlines, High Speed Rail
(Source: Mineta Transportation Institute press release, October 12, 2023) SAN JOSE, Calif. — An increasing number of studies suggest that high-speed rail (HSR) could have many economic and environmental benefits for the U.S. The latest Mineta Transportation Institute...
October 13, 2023 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, October 2, 2023) The payment of a railroad retirement annuity can be affected by entitlement to social security benefits, as well as certain other government benefits. Such dual entitlement, if not reported to the...
October 13, 2023 | Amtrak, Commuter Rail, FRA, Headlines
(Source: Federal Railroad Administration press release, October 12, 2023) WASHINGTON, D.C. — The Federal Railroad Administration (FRA) announced a final rule requiring the installation of inward- and outward-facing image recording devices on all passenger train lead...
October 13, 2023 | East Palestine-NS, FRA, Headlines, NTSB
(Source: Associated Press, October 12, 2023) Passenger railroads nationwide will now be required to install video recorders inside their locomotives, but the head of the National Transportation Safety Board said Thursday the new rule is flawed because it excludes...
October 13, 2023 | CPKC, CSX, Headlines, Short Line
(Source: Trains.com, October 11, 2023) Canadian Pacific Kansas City and CSX Transportation have detailed their plans to acquire Genesee & Wyoming short line Meridian & Bigbee in order to create a shortcut interchange route linking the Southeast and Mexico via...
October 13, 2023 | Headlines, Train Length, UP
(Source: Television station KTRK, October 6, 2023) POLK COUNTY, Texas — Two years after the death of a baby, along with numerous safety complaints from neighbors, two Union Pacific railroad crossings are closing in Polk County. Full story:...
October 13, 2023 | AAR Freight Trends, Headlines
(Source: Freight Waves, October 5, 2023) September was the highest month in 2023 for U.S. intermodal traffic. U.S. freight railroads originated 1 million containers and trailers in September 2023, a 0.7% increase from September 2022. Year to date, however, U.S....
October 13, 2023 | Amtrak, Headlines
(Source: Railway Age, October 10, 2023) More delays are anticipated for Amtrak’s new Acela trainsets, already three years behind schedule, due in part to defects and designs not yet meeting Federal Railroad Administration (FRA) requirements, the latest Amtrak Office...
