February 6, 2025 | East Palestine-NS, Headlines, Legislation, Railroad Safety
(Source: Trains.com, February 6, 2025) U.S. Rep. Chris Deluzio (D-Pa.) has reintroduced two bills stemming from the East Palestine derailment of 2023 — one broadening the definition of a “high-hazard flammable train” and setting reporting requirements for railroads...
February 6, 2025 | Amtrak, DOT, FRA, Headlines
(Source: Trains.com, February 4, 2025) If you thought Federal Railroad Administration grant programs for things like passenger service, shortline track maintenance, and grade crossing elimination projects would be the least likely place to become a front in the...
February 3, 2025 | East Palestine-NS, Headlines, Railroad Safety
(Source: National Public Radio, February 3, 2025) Two years after a Norfolk Southern train derailment spewed a toxic cloud that drove thousands from their homes, freight trains with the same chemicals central to that disaster roll through town — with few steps taken...
January 31, 2025 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 29, 2025) On January 29, 2025, Norfolk Southern Corporation its fourth quarter and full-year 2024 financial results. For the quarter, revenue was $3.0 billion, income from railway operations was $1.1 billion, operating...
January 31, 2025 | CN, Headlines, Quarterly Income
(Source: Canadian National Railway press release, January 30, 2025) On January 30, 2025, CN reported its financial and operating results for the fourth quarter and year ended December 31, 2024. Financial results highlights Fourth-quarter 2024 compared to...
January 30, 2025 | CPKC, Headlines, Quarterly Income
(Source: Canadian Pacific Kansas City press release, January 29, 2025) On January 29, 2025, Canadian Pacific Kansas City (CPKC) announced its fourth-quarter results, including revenues of $3.9 billion, diluted earnings per share (EPS) of $1.28 and core adjusted...
January 30, 2025 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, January 23, 2025) On January 23, 2025, Union Pacific Corporation reported 2024 fourth quarter net income of $1.8 billion, or $2.91 per diluted share. These results include $40 million of labor expense related to the ratification...
January 30, 2025 | CSX, Headlines, Quarterly Income
(Source: CSX press release, January 23, 2025) On January 23, 2025, CSX Corp. announced fourth quarter 2024 operating income of $1.11 billion compared to $1.32 billion in the prior year period. Net income was $733 million, or $0.38 per diluted share, compared to $882...
January 23, 2025 | Commuter Rail, Headlines, National Mediation Board, Unions
(Source: Transport Workers Union press release, January 14, 2025) Onboard Attendants and Lead Attendants on the Brightline railroad in Florida voted today, Tuesday, January 14, 2025, to join the Transport Workers Union of America. The National Mediation Board...
January 22, 2025 | Commuter Rail, Contract Negotiations, Headlines
(Source: NorthJersey.com, January 22, 2025) Kris Kolluri, the new head of NJ Transit, is imploring the union that represents locomotive engineers to come to the table before a possible strike in March. In a statement released yesterday, Eddie Hall, national president...