railroad News Updates

GovernmentBusinessFuelLogistics

Canadian Crude-by-Rail Shipments to Surge, Spurring Investment

Canadian shipments of crude by rail are poised to surge next year, spurring investment in new export infrastructure.

December 19, 2019
GovernmentBusinessLogisticsTCA

Possibilities, Costs ‘Enormous’ for A2A Rail

The backers of a new rail line to link Alaska to Canada and Lower 48 markets insist it would generate upward of $5 billion of freight revenue through the state.

December 5, 2019
GovernmentBusinessTechnologyLogisticsTCA

Tunnel Planned for California Bullet Train Under Burbank Airport

The complexity of building a bullet train through Southern California’s urban maze is leading state officials to consider two major additions: a tunnel under the Burbank airport and a project that would help a freight railroad expand its switching yards in the Inland Empire.

December 3, 2019
GovernmentBusinessLogistics

CN Rail Downgrades Financial Outlook as Result of Strike

Canadian National Railway is making a quick recovery from the eight-day strike by 3,200 Teamsters Canada Rail Conference conductors and yard crews, according to the Montreal-based railroad.

December 3, 2019
GovernmentSafety

FRA Proposal Calls for State Highway-Rail Grade Crossing Plans

The Federal Railroad Administration has issued a proposed rule that would require states to develop highway-rail grade crossing action plans — or update the action plans they have.

November 13, 2019
GovernmentBusinessTechnologyTCA

Rail Advocates Push for Pacific Northwest Bullet Train

Last week’s vote in Washington state to roll back car registration fees has scrambled transportation budgets. But Pacific Northwest rail advocates are undeterred in pursuing their vision of a bullet train connection among Portland, Seattle and Vancouver, Canada.

November 13, 2019
GovernmentBusinessTechnologyTCA

Conn. Rail Plan Would Cut Travel From New Haven to New York by 30 Minutes

Gov. Ned Lamont will call Nov. 7 for more than $4 billion in improvements for the Metro-North Railroad to cut travel times and alleviate traffic congestion in lower Fairfield County.

November 7, 2019
BusinessLogistics

American Railroads Are Already in Recession With No End in Sight

This year’s railroad slump is getting worse as a slowdown in manufacturing threatens broader weakness in the U.S. economy.

October 7, 2019
GovernmentBusinessLogistics

NYC-Area Rail Bridge Planners Take Another Shot at Federal Funds

New Jersey and New York officials will submit a revised financial plan for the $1.6 billion replacement of a decrepit bridge that’s key to rail traffic in the U.S. Northeast, the latest attempt to secure funding from a recalcitrant administration.

August 28, 2019
Business

CSX Earnings, Revenue Dip 1% in 2Q; Operating Ratio Improves

Class 1 freight railroad CSX Corp. on July 16 reported second-quarter net earnings of $870 million, or $1.01 a share, compared with $877 million, or $1.08 a share — a 1% dip from the same period a year ago.

July 22, 2019

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