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CTA: $1.52 billion ops; $3.5 billion capex The Chicago Transit Authority on Oct. 24 proposed a “balanced” $1.52 billion operating budget that holds the line on base fares and preserves bus and rail service levels, while continuing investments. The CTA also proposed a $3.5 billion five-year capital budget for 2017-2021.
F40PH-3s riding Metra rails The first of 41 Metra F40PH locomotives rebuilt under a $91 million remanufacturing contract has returned to service. Now designated as F40PH-3s, these units, features the railroad’s new paint scheme previously applied to F59PHs.
Poland Spring by rail About 800 million gallons of water flow through Maine aquifers for the Poland Spring company each year. Since January 2016, containers full of that water flow south from Maine by rail.
BNSF Short Line of the Year: Burlington Junction BNSF Railway on Oct. 20 named Burlington Junction Railway (BJRY) its 2016 Short Line of the Year at its annual Short Line Conference. BNSF recognized BJRY “for its dedication to promoting safety initiatives, customer relationships and growth opportunities. Since the formation of BJRY in 1985, the railroad has not had a single FRA reportable injury.”
AAR: Weekly U.S. rail traffic down 4.2% The Association of American Railroads (AAR) reported on Oct. 19 that for the week ending October 15, 2016, total U.S. weekly rail traffic was 531,936 carloads and intermodal units, down 4.2% compared with the same week last year.

Breaking News

October 25, 2016
Luc Jobin, CN president and chief executive officer announced CN's third quarter results on October 25: "With solid execution from our industry-leading operating team and a network-wide focus on providing quality service, CN delivered outstanding results in the third quarter...
October 25, 2016
The first of 18 three-car Metropolis trains for Guadalajara metro Line 3 has left Alstom’s Santa Perpetua de Mogoda plant near Barcelona for the nearby port of Tarragona on the first stage of its journey to Mexico. Mexico’s Federal Secretariat of...
October 25, 2016
Greenbrier on Oct. 25 reported results for its fourth quarter and fiscal year ending Aug. 31, 2016, as well as orders for 2,300 railcars valued at $200 million. Greenbrier reported these Fourth Quarter Highlights: * Net earnings attributable to Greenbrier for the...
October 25, 2016
Wabtec Corporation reported on Oct. 25 results for the 2016 third quarter, updated 2016 full-year guidance and announced modified terms for its acquisition of Faiveley Transport. Wabtec highlighted these 2016 Third Quarter Results: * Third quarter sales were $676 million, with...
October 24, 2016
About 800 million gallons of water flow through Maine aquifers for the Poland Spring company each year. Since January 2016, containers full of that water flow south from Maine by rail. It began as Portland, Me., renewed its once prosperous port,...

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Blogs and More

October 21, 2016
Ernie Anastos, anchor of the 6:00 news on WNYW-TV Fox 5 New York, is one of the best broadcast journalists I’ve come across in numerous television appearances during my nearly 25 years at Railway Age.
October 20, 2016
I’ve heard some pretty disingenuous (that’s a polite word for “dopey”) things said about railroads in my nearly 25 years at Railway Age. Nearly all of them have come from uninformed generalist reporters who are mostly clueless about what we do, how we do it,...
October 13, 2016
For newly minted Amtrak President Charles Wickliffe (Wick) Moorman IV, a winter of discontent is nigh.
October 06, 2016
Only one day after the tragic wreck of a New Jersey Transit commuter train at Hoboken Terminal came some positive news about transportation in the state, specifically, how it’s funded. Unfortunately, the news got lost in the media circus surrounding the accident, and went mostly...
October 04, 2016
While we’re waiting for the NTSB to analyze the event recorder data and forward-facing camera video on the NJ Transit cab car involved in the Sept. 29 Hoboken Terminal crash, assuming there is useable information (there is no data from the locomotive event recorder, because...