railroad News Updates

GovernmentBusinessSafety

Kentucky Directs $2.5 Million to Freight Rail Projects

In an effort to boost multimodal freight transportation, Kentucky Gov. Andy Beshear announced $2.5 million in awards to improve at-grade rail crossings.

July 2, 2021
GovernmentBusinessLogistics

Concerns Mount Over CN, KCS Rail Merger as Timetable Set for Regulatory Review

The Surface Transportation Board is taking public comments until June 28 on the proposed multibillion dollar merger of Class I freight rail companies Canadian National and Kansas City Southern.

June 14, 2021
GovernmentBusinessTechnologySafetyLogistics

Rail Industry Defends Safety Record Amid Staffing Cuts

OMAHA, Neb. — Even as railroads are operating longer freight trains that sometimes stretch for miles, the companies have drastically reduced staffing levels, prompting unions to warn that moves meant to increase profits could endanger safety and even result in disasters.

May 17, 2021
GovernmentBusinessFuel

Railroads Told to Turn Over Evidence in Fuel Surcharge Suit

In a move that could help speed up the path to a trial, a District of Columbia federal judge ruled in a multidistrict federal lawsuit that more than 200 shippers are entitled to pursue certain evidence to support their allegation that the four largest Class I railroads may have conspired to fix fuel surcharge prices.

March 2, 2021
Government

New York Gov. Cuomo Announces $87 Million in Rail, Port Funding

New York Gov. Andrew Cuomo announced the availability of $87 million for port and rail improvements in an effort to enhance the state’s trade corridors,

February 12, 2021
GovernmentBusinessTechnologySafety

Railroads Achieve Full Positive Train Control Implementation, FRA Says

The country’s freight and passenger railways are operating with automatic braking system technology, according to the Federal Railroad Administration.

January 11, 2021
GovernmentBusinessSafetyLogistics

Railroads Install Crash-Prevention System Ahead of US Deadline

U.S. railroads have completed installation of an automated crash-prevention system that covers 57,536 miles of freight and passenger tracks ahead of an end-of-year deadline that was previously extended, the Federal Railroad Administration announced Dec. 29.

December 29, 2020
BusinessLogistics

Rail Cargo Posts First Gain in Two Years as Consumer Goods Surge

U.S. railroads are back, with freight volume posting the first quarterly gain in two years.

December 29, 2020
BusinessLogisticsTCA

CSX Agrees to Buy New England’s Pan Am Railways

CSX Corp. has agreed to buy Pan Am Railways Inc., North America’s largest regional railroad based in New England, extending CSX’s reach in Connecticut, Massachusetts and New York and adding Maine, New Hampshire and Vermont to its 23-state network.

December 2, 2020
BusinessLogistics

CSX Reports Lower Q3 Net Income, Revenue

CSX Corp. reported a slip in third-quarter financial results due to the impact of the coronavirus pandemic on shipments.

October 22, 2020

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