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Rail Industry News

KCS reports 2Q 2016 results

(Source: Kansas City Southern press release (PDF), July 19, 2016) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported second quarter 2016 revenues of $569 million, a decrease of 3% from second quarter 2015. Overall, carload volumes were unchanged compared to second...

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Train derails in CN’s Edmonton rail yard

(Source: Edmonton Sun, July 17, 2016) EDMONTON, Alberta — A train derailment early Sunday is fuelling worries about rail safety and dangerous goods moving through Edmonton. No injuries were reported. Full story: Edmonton Sun

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Schenectady Amtrak station projects seek bids

(Source: Albany Times Union, July 15, 2016) SCHENECTADY, N.Y. — The job to build a new Schenectady railroad station has been broken into two separate projects in an effort to attract more bidders after a previous effort drew just one bid. Full story: Albany Times...

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CSX sees profit falling through 2016

(Source: Associated Press, July 14, 2016) OMAHA, Neb. — CSX expects profit to decline for remainder of the year as freight volume slows and it plans further cost cuts to offset what the railroad's chief executive called a "challenging" environment. Full story: The...

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