August 1, 2023 | CPKC, Headlines
(Source: Railway Age, July 31, 2023) Canadian Pacific Kansas City (CPKC) on July 31 published its Grain Service Outlook Report, as required by section 151.01(1) of the Canada Transportation Act. It provides an assessment of the newly merged Class I’s ability to move...
July 31, 2023 | Headlines, Railroad Retirement, TTD
(Source: Joint letter from the Transportation Trades Department, AFL-CIO, and rail management, July 31, 2023) As passed by the House Labor-HHS Subcommittee on July 14, 2023, the House FY 24 bill would cap RRB’s administrative funding at $103 million, a $25 million...
July 31, 2023 | Amtrak, BNSF, Headlines, NTSB
(Source: Associated Press, July 28, 2023) Federal investigators renewed their recommendation that major freight railroads equip every locomotive with the kind of autonomous sensors that could have caught the track flaws that caused a fatal 2021 Amtrak derailment in...
July 31, 2023 | East Palestine-NS, Headlines, NS
(Source: Associated Press, July 29, 2023) The best chance for heading off the February derailment in eastern Ohio depended on a Norfolk Southern employee working hundreds of miles away noticing a rapidly heating wheel bearing. Full story: ABC 6
July 31, 2023 | East Palestine-NS, Headlines, NS
(Source: Herald-Star, July 31, 2023) Members of the Unity Council for the East Palestine Train Derailment took their concerns to Capitol Hill on Thursday, sharing their stories with lawmakers and demanding action by taking action. Full story:...
July 31, 2023 | Commuter Rail, Derailment, Headlines
(Source: 6ABC, July 28, 2023) A runaway SEPTA trolley crashed into a historic home in Southwest Philadelphia on Thursday night. Officials said the trolley was out of service when it crashed at about 10:45 p.m. near Island and Woodland avenues. There was a mechanic...
July 31, 2023 | Commuter Rail, Headlines, UP
(Source: Trains.com, July 28, 2023) A U.S. appeals court has ruled Union Pacific does not have a common-carrier obligation to continue operating commuter trains for Metra, likely hastening the transition of operations on three commuter lines from UP to Metra...
July 31, 2023 | Headlines, Oil Train, UP
(Source: Colorado Newsline, July 28, 2023) State officials since last spring have quietly been reaching out to communities along Colorado’s main east-west rail line to gauge local sentiment as the state negotiates a new lease with rail giant Union Pacific, which pays...
July 28, 2023 | CPKC, Headlines, Quarterly Income
(Source: Freight Waves, July 27, 2023) Higher combined revenues for the second quarter of 2023 helped boost net profits for Canadian Pacific Kansas City. Revenues for the second quarter were nearly CA$3.2 billion (US$2.4 billion), up 44% year over year (y/y), CPKC...
July 28, 2023 | Headlines, PSR, Quarterly Income, UP
(Source: Associated Press, July 26, 2023) Union Pacific has hired the CEO candidate favored by a hedge fund that’s been pressuring the railroad to improve amid disappointing results driven by weakening consumer demand and higher labor costs. The Omaha, Nebraska-based...
