For NS, a Final White-Card Push
May 8, 2024: With its Annual Meeting of Shareholders just hours away, Norfolk Southern in the past few days has ramped up its efforts to convince shareholders to reject the takeover attempt
May 8, 2024: With its Annual Meeting of Shareholders just hours away, Norfolk Southern in the past few days has ramped up its efforts to convince shareholders to reject the takeover attempt
“First quarter revenue grew 99% year-over-year and in line with our expectations,” said FreightCar America (FCA) President and CEO Nick Randall during a May 8 earnings report.
Chicago’s Metra speaks out on the Metropolitan Mobility Authority Act that proposes merging the commuter railroad, Chicago Transit Authority (CTA), Pace bus, and Regional Transit Authority (RTA). Also, New York Metropolitan Transportation Authority (MTA) outlines its nearly $300 million in capital program savings; City of West Palm Beach, Fla., adopts a “Rail S.A.F.E.” policy, aiming for zero railway fatalities; and Massachusetts Bay Transportation Authority (MBTA) weighs Haverhill station shutdown during bridge replacement project.
On June 1, 2024, Transtar LLC wholly-owned subsidiary East Ohio Valley Railway LLC (EOVR) will add 18 miles to its rail network through a long-term lease of rail lines in the Powhatan
Brightline has designated Siemens Mobility preferred bidder to supply 10 seven-car “American Pioneer 220” (AP 220) electric trainsets for the 218-mile, $12 billion Brightline West high-speed rail system connecting Las Vegas and
The New York City Transit Tech Lab, a joint initiative of the New York Metropolitan Transportation Authority (MTA) and the Partnership Fund for New York City, has selected 19 companies to collaborate with
Through the first 18 weeks of 2024 (ending May 4), total North American carload and intermodal traffic rose 2.1% from the same point last year, the Association of American Railroads (AAR) reported May 8. The U.S., Canada and Mexico all experienced gains.
CN on May 8 announced the winners of its 2023 Safe Handling Awards, presented to customers who “load freight cars with dangerous goods and meet strict standards for the safe handling and shipment of regulated products.”
Alstom Canada has received an AFNOR (Association Française de Certification) Groupe Corporate Social Responsibility (CSR) Confirmed Commitment Label in Canada for its alignment with the ISO 26000 international standard. The second-highest rating
New video and imagery released by the unified command show the scale of the challenge that the Key Bridge salvors face. In the current phase if the operation, salvage crews have been continuing to
Norfolk Southern (NS) partners with Florida East Coast Railway (FEC) to enhance productivity. Also, CSX extends its partnership with STG Logistics and supports first responders in Tampa, Fla.
Paul Tellier, who as head of Canadian National led the railway’s privatization, transforming it from a Crown Corporation to now one of six North American publicly traded Class I carriers,* was recently
The Minnesota Department of Transportation (MnDOT) is distributing a total of $9.6 million in grants to 11 freight railroad improvement projects that it said will support economic development in different regions of the state.
Report from California, courtesy of the Victorville Daily Press: “Barstow Leaders Rally Legislative Support to Save BNSF’s $1.5 Billion Railway Project,” the headline read. “Barstow city leaders traveled to Sacramento to gain
CN subsidiary CNTL (CN Transportation Ltd.) reaches a second tentative agreement with Unifor-affiliated owner-operators. Also, Canadian Pacific Kansas City (CPKC) announces its CEO Award recipient.
A combined 96,719 containers moved eastbound out of the western Canada ports in April, up 6% from March 2024 and up 56.5% from April 2023, according to real-time network visibility provider RailState, which independently tracks all freight rail movements across Canada. April volumes are the highest has ever recorded by RailState, which was established in 2021.
Metra increases its UP North Line weekday service. Also, crime on the Chicago Transit Authority (CTA) continues a downward trend in April; and Brightline ends its monthly passes.
Twin Cities & Western Railroad (TC&W) appoints Victor (Vic) Meyers as President. Also, Adrian Granda joins Port of Long Beach (POLB), Calif., as Director of Government Relations; William (Bill) Dengler Jr. is tapped for Chief Acquisition and Administrative Officer at New Jersey-based consultancy Hill International, Inc.; and Neil Moyer transitions to Director of the Surface Transportation Board’s (STB) Office of Passenger Rail.
Dallas Area Rapid Transit (DART) is prepping for Silver Line commuter rail service with test runs of its eight Stadler-built DMUs (diesel multiple units). DART on May 6 reported that the Silver
STV announced May 6 that it has signed a contract with the Tri-County Metropolitan Transportation District of Oregon (TriMet) to spearhead the replacement of 12 traction power substations along the agency’s Metropolitan Area Express (MAX) Blue Line.