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Rail Industry News

PATH nears ridership high-water mark

(Source: Progressive Railroading, July 11, 2017) The Port Authority Trans-Hudson (PATH) rail system is on track to serve a record 80 million passengers in 2017, the Port Authority of New York and New Jersey (PANYNJ) announced late last week. Full story: Progressive...

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Local 107 Teamsters set Philly concrete pour record

(Source: International Brotherhood of Teamsters press release, July 10, 2017) WASHINGTON, D.C. — Local 107 Ready Mix Teamsters from four different companies participated over the weekend in the largest continuous concrete pour in Philadelphia history, part of the $5...

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KCS to announce 2Q 2017 results on July 21

(Source: Kansas City Southern press release, July 10, 2017) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its financial results for second quarter 2017 on Friday, July 21, 2017, before the opening of trading on the New York Stock Exchange. KCS will also...

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CTA rail union workers favor strike in preliminary vote

(Source: Chicago Tribune, July 10, 2017) CHICAGO — Frustrated after 18 months of negotiations for a new contract, CTA rail workers have voted overwhelmingly in favor of a strike in a preliminary, unofficial vote, union representatives said Monday. Full story: Chicago...

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Grupo Mexico completes FEC acquisition

(Source: Railway Age, July 10, 2017) NEW YORK — Grupo México, S.A.B. de C.V. has completed the acquisition of Florida East Coast Holdings Corp. (FEC) through its Transportation Business Unit Grupo México Transportes, S.A. de C.V. (GMXT). Full story: Railway Age

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New York commuters take repairs in stride

(Source: Reuters, July 10, 2017) NEW YORK — Commuters were warned to expect hell going to and from New York City, but on the first day of disruptive repairs at the nation's busiest rail hub on Monday many said their rides were no worse than usual for the crowded,...

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