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Rail Industry News

PTC could cut Penn Station’s capacity

(Source: Bergen Record, July 27, 2017) BERGEN COUNTY, N.J. — A rail safety system intended to stop crashes like last year’s fatal accident at the Hoboken Terminal could also have another consequence: fewer trains will be able to go through the Hudson River tunnels...

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CP rolls out train for Canada’s 150th

(Source: Calgary Sun, July 25, 2017) CALGARY — It’s a company that’s been operating in Canada for more than 135 years, one responsible for building the tracks that connected much of the country back in the late 19th century. Full story: Calgary Sun

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CN reports 2Q 2017 operating results

(Source: Canadian National press release, July 25, 2017) MONTREAL — CN today reported its financial and operating results for the second quarter and six-month period ended June 30, 2017. Second-quarter 2017 financial highlights • Net income increased 20 per cent to...

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NS reports 2Q 2017 results

(Source: Norfolk Southern press release, July 26, 2017) NORFOLK, Va. — Norfolk Southern Corporation today reported second-quarter financial results. Second-quarter net income was $497 million, up 23 percent year-over-year, driven by a 15 percent increase in income...

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