Rail Industry News
A boon to railroads as U.S. corn exports to China double
(Source: Journal of Commerce, October 21, 2011) WASHINGTON, D.C. — China may double its corn imports from the U.S. this season, adding to a burgeoning year for American exporters and giving railroads and ocean carriers a boost in grain shipments until about August...
Senate Democrats line up infrastructure for next jobs vote
(Source: Journal of Commerce, October 21, 2011) WASHINGTON, D.C. — Democrats in the Senate plan to schedule a vote soon on President Obama’s proposals for major new infrastructure spending, as the next step to bring up his “jobs plan” in bits and pieces. Full story:...
Senate Democrats line up infrastructure for next jobs vote
(Source: Journal of Commerce, October 21, 2011) WASHINGTON, D.C. — Democrats in the Senate plan to schedule a vote soon on President Obama’s proposals for major new infrastructure spending, as the next step to bring up his “jobs plan” in bits and pieces. Full story:...
Railroads cite voluntary steps to reduce diesel emissions
(Source: Contra Costa Times, October 24, 2011) SAN BERNARDINO, Calif. — A lawsuit recently filed by questions about the pollution emitted from the state's rail yards and the health risks on nearby residents. However, the railroad companies say they have made numerous...
Railroads cite voluntary steps to reduce diesel emissions
(Source: Contra Costa Times, October 24, 2011) SAN BERNARDINO, Calif. — A lawsuit recently filed by questions about the pollution emitted from the state's rail yards and the health risks on nearby residents. However, the railroad companies say they have made numerous...
San Bernardino: Railroad pollution targeted
(Source: Press-Enterprise, October 24, 2011) RIVERSIDE, Calif. — Residents living near the BNSF rail yard in San Bernardino, Calif., have complained for years that diesel pollution is harming their health. The San Bernardino rail yard has been considered the dirtiest...
San Bernardino: Railroad pollution targeted
(Source: Press-Enterprise, October 24, 2011) RIVERSIDE, Calif. — Residents living near the BNSF rail yard in San Bernardino, Calif., have complained for years that diesel pollution is harming their health. The San Bernardino rail yard has been considered the dirtiest...
Earnings preview: 3Q profit seen up at Norfolk Southern
(Source: Associated Press, October 25, 2011) NEW YORK — When freight railroad Norfolk Southern Corp. reports its third-quarter results Thursday, including an expected 12 percent increase in net income, it could provide hints about where the economy is heading. Full...
Earnings preview: 3Q profit seen up at Norfolk Southern
(Source: Associated Press, October 25, 2011) NEW YORK — When freight railroad Norfolk Southern Corp. reports its third-quarter results Thursday, including an expected 12 percent increase in net income, it could provide hints about where the economy is heading. Full...
Canadian Pacific announces third-quarter 2011 results
(Source: Canadian Pacific Railway press release, October 25, 2011) CALGARY, Alberta — Canadian Pacific Railway Limited announced its third-quarter 2011 results today with reported net income of $186.8 million and diluted earnings per share of $1.10, inclusive of $0.04...
Canadian Pacific announces third-quarter 2011 results
(Source: Canadian Pacific Railway press release, October 25, 2011) CALGARY, Alberta — Canadian Pacific Railway Limited announced its third-quarter 2011 results today with reported net income of $186.8 million and diluted earnings per share of $1.10, inclusive of $0.04...
Amtrak sets record of 30 million passengers in past 12 months, the most since railroad created
(Source: Amtrak press release, October 13, 2011) WASHINGTON, D.C. — Amtrak carried nearly 30.2 million passengers in Fiscal Year 2011 ending September 30, marking the highest ridership total since the National Railroad Passenger Corporation started operations in 1971...
Amtrak sets record of 30 million passengers in past 12 months, the most since railroad created
(Source: Amtrak press release, October 13, 2011) WASHINGTON, D.C. — Amtrak carried nearly 30.2 million passengers in Fiscal Year 2011 ending September 30, marking the highest ridership total since the National Railroad Passenger Corporation started operations in 1971...
KCS reports record third quarter 2011 carloadings and revenue; operating income increases 57 percent
(Source: Kansas City Southern press release (PDF), October 21, 2011) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported third quarter 2011 revenues of $545 million, a 24% increase compared to the corresponding 2010 period. Adjusted for last year’s estimated...
KCS reports record third quarter 2011 carloadings and revenue; operating income increases 57 percent
(Source: Kansas City Southern press release (PDF), October 21, 2011) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported third quarter 2011 revenues of $545 million, a 24% increase compared to the corresponding 2010 period. Adjusted for last year’s estimated...
Amtrak ridership in Iowa hurt by flooding
(Source: Des Moines Register, October 24, 2011) DES MOINES, Iowa — Ridership aboard Amtrak trains has plunged by nearly 16 percent over the past 12 months in Iowa, mostly the result of thousands of summer train trips being canceled because of Missouri River flooding....
Amtrak ridership in Iowa hurt by flooding
(Source: Des Moines Register, October 24, 2011) DES MOINES, Iowa — Ridership aboard Amtrak trains has plunged by nearly 16 percent over the past 12 months in Iowa, mostly the result of thousands of summer train trips being canceled because of Missouri River flooding....
California bullet train: The high price of speed
(Source: Los Angeles Times, October 22, 2011) LOS ANGELES — The proposed route of California's high-speed rail system would displace numerous businesses, private homes and various other organizations. Full story: Los Angeles Times
California bullet train: The high price of speed
(Source: Los Angeles Times, October 22, 2011) LOS ANGELES — The proposed route of California's high-speed rail system would displace numerous businesses, private homes and various other organizations. Full story: Los Angeles Times
Amtrak activates RailComm system in Chicago
(Source: Railway Age, October 21, 2011) NEW YORK — Fairport, N.Y.-based RailComm said Friday its Yard Automation System at Amtrak’s Chicago Union Station is now operational. Full story: Railway Age
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