Rail Industry News

(Source: New Jersey News 12, July 25, 2017) HOBOKEN, N.J. — Thousands of additional New Jersey commuters are taking PATH trains into New York City while Amtrak completes repairs at New York Penn Station, Port Authority officials said. Full story:...

(Source: Newsday opinion column by Amtrak CEO Wick Moorman, July 9, 2017) NEW YORK — Decades of insufficient funding by federal and state governments and too few resources dedicated to critical infrastructure in this country make this summer’s work at Penn a necessary...

(Source: Progressive Railroading, July 24, 2017) Class Is employed 148,627 workers in the United States as of mid-June, down 0.27 percent since mid-May's employment figure and down 2.49 percent compared with mid-June 2016's level, according to Surface Transportation...

(Source: Altoona Mirror, July 21, 2017) ALTOONA, Pa. — Federal safety officials are investigating after three workers were left unconscious Thursday morning at GBW Railcar Services outside Hollidaysburg. Full story: Altoona Mirror

(Source: Railway Age, July 21, 2017) NEW YORK — Canadian Pacific and the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED) announced they have ratified a new five-year labor agreement. Full story: Railway Age

(Source: Associated Press, July 18, 2017) SAVANNAH, Ga. — A railroad owner plans to appeal a jury's decision that it must pay $3.9 million to the family of a movie worker killed on a Georgia railroad trestle in 2014, a spokesman for the company said. Full story: Post...

(Source: Reuters, July 20, 2017) DETROIT — The list of priorities U.S. Trade Representative Robert Lighthizer released this week for the renegotiation of NAFTA with Mexico and Canada is reasonable and in line with what the Trump administration has promised to focus...

(Source: Huffington Post, July 19, 2017) NEW YORK — The CEO of freight railroad CSX Corp., one of the largest U.S. haulers of coal, warns that the days of transporting and burning coal are numbered. “Fossil fuels are dead,” Hunter Harrison told analysts Wednesday,...

(Source: Norfolk Southern press release, July 18, 2017) NORFOLK, Va. — As part of ongoing efforts to enhance customer service and improve operating efficiencies, Norfolk Southern (NYSE: NSC) plans to consolidate its Central Division headquarters operations in...

(Source: BNN, July 21, 2017) MONTREAL — CP Rail is taking steps to avoid seeing its conductors walk off the job later this year. The company offered a one-year contract extension to the Teamsters Canada Rail Conference Train and Engine union ahead of negotiations that...

(Source: CSX press release, July 18, 2017) JACKSONVILLE, Fla. — CSX Corporation (CSX) today announced second quarter 2017 net earnings of $510 million, or $0.55 per share, up from $445 million, or $0.47 per share, in the same period of last year. Excluding a $122...

(Source: Union Pacific press release, July 20, 2017) OMAHA, Neb. — Union Pacific Corporation today reported 2017 second quarter net income of nearly $1.2 billion, a second quarter record of $1.45 per diluted share. This compares to about $1.0 billion, or $1.17 per...

(Source: Kansas City Southern press release (PDF), July 21, 2017) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record second quarter 2017 revenues of $656 million, an increase of 15% from second quarter 2016. Overall, carload volumes increased 6% compared to...

(Source: Associated Press, July 20, 2017) OMAHA, Neb. — CSX’s new chief executive is defending the restructuring progress made in his first four months, but warned that the Jacksonville-based railroad could lay off another 700 employees this year. Full story: Florida...

(Source: New Jersey 101.5, July 19, 2017) NEWARK, N.J. — The engineers union said this week’s NJ Transit manpower shortage, which led to 58 trains being canceled over the past week, is because the railroad doesn’t have enough engineers. Full story:...

(Source: Washington Post, July 18, 2017) WASHINGTON, D.C. — A smoking gun. Allegations of fake news. Adversarial press coverage that made it impossible for embarrassed lawmakers to sweep a scandal under the rug. The political sensation that came to be known as the...

(Source: Jacksonville Daily Record, July 18, 2017) JACKSONVILLE, Fla. — CSX Corp. not only is updating the railroad’s operating program. It also wants to renovate its Downtown Jacksonville headquarters at a cost of $1.85 million. Full story: Jacksonville Daily...

(Source: Elgin Courier-News, July 18, 2017) CHICAGO — On Friday, Metra operated a "safety train" from Union Station to Elgin's National Street station. The excursion gave riders a chance to observe safety measures the suburban commuter agency has adopted to reduce...

(Source: Progressive Railroading, July 17, 2017) The Massachusetts Bay Transportation Authority (MBTA) early next month will kick off a series of weekend shutdowns on its Lowell commuter-rail line to install positive train control (PTC). Full story: Progressive...

(Source: Pensacola News Journal, July 17, 2017) PENSACOLA, Fla. — The co-CEO of Amtrak remains optimistic about the possibility of restoring passenger train service to the Gulf Coast, despite comments from a CSX executive saying reinstatement of the service is...