image image image image image
U.S. freight traffic gains ground again The winning streak continued for all U.S. rail freight traffic during the week ending April 12, 2014, measured against the comparable week in 2013, the Association of American Railroads reported Thursday, April 17.
CSX 1Q earnings slip, but beat Street CSX Corp. announced late Tuesday, April 15, 2014 first-quarter net earnings of $398 million, or 40 cents per share, down from $462 million, or 45 cents per share, in the same quarter of 2013. But that still beat Wall Street analyst consensus estimates of 38 cents per share.
Two firms eyed for big LACMTA contract Los Angeles County Metropolitan Transportation Authority (LACMTA) analysts are recommending two contractors be selected to construct the Downtown Regional Connector, improving connections among LA's subway and light rail lines.
HNTB: Baton Rouge-New Orleans passenger train would serve 1.4 million A study by HNTB Corp. for regional transit organizations and mayors in Louisiana says that a new passenger train service linking New Orleans and Baton Rouge on existing freight trackage, with intermediate stops and beginning as twice-daily trips, could ultimately grow to regular service with a station near New Orleans International Airport.
KCS: Record revenue, good earnings in 1Q Kansas City Southern reported net income in its 2014 first quarter of $94 million, or 85 cents per diluted share, slipping from $104 million, or 94 cents per diluted share, in the first quarter of 2013. But excluding the impacts of lease termination costs, foreign exchange rate fluctuations, and debt retirement costs, adjusted diluted earnings per share for first quarter 2014 was $1.05, compared with 89 cents in the first quarter of 2013, an 18% increase, KCS said.

Breaking News

us-freight-traffic-gains-ground-again
April 17, 2014
The winning streak continued for all U.S. rail freight traffic during the week ending April 12, 2014, measured against the comparable week in 2013, the Association of American Railroads reported Thursday, April 17. U.S. freight carload traffic continued showing strength, up...
for-union-pacific-a-strong-first-quarter
April 17, 2014
Union Pacific on April 17, 2014 reported 2014 first quarter net income of $1.1 billion, or $2.38 per diluted share, compared to $957 million, or $2.03 per diluted share, in first-quarter 2013, a 17% improvement. Operating revenues totaled $5.6 billion, up...
kcs-record-revenue-good-earnings-in-1q
April 17, 2014
Kansas City Southern reported net income in its 2014 first quarter of $94 million, or 85 cents per diluted share, slipping from $104 million, or 94 cents per diluted share, in the first quarter of 2013. But excluding the impacts...
dart-test-train-reaches-d-fw-airport
April 17, 2014
DART's first light rail transit consist operated over five new miles of the Orange Line Wednesday, April 16, 2014, testing the extension for future service to and from Dallas/Fort Worth International Airport. A test train ran between Belt Line Station and...
atlanta-mayor-streetcar-will-debut-this-year
April 17, 2014
Atlanta's initial modern streetcar line will open this year, though perhaps not until late December, according to Mayor Kasim Reed. Reed, who toured the project with U.S. Secretary of Transportation Anthony Foxx on Wednesday, April 16, 2014, conceded that construction on...

Blogs and More

dear-ntsb
April 17, 2014
The National Transportation Safety Board recently released an open letter to MTA Metro-North Railroad containing its initial safety recommendations derived from the ongoing investigation into the Dec. 1, 2013 derailment of train 8808, which killed four passengers and injured 59.
data-drought-haunts-fra-crew-size-mandate
April 11, 2014
By the Federal Railroad Administration’s own congressional testimony, the years 2012 and 2013 were among the railroads’ safest on record, while the relatively few train crashes were mostly the result of human error and track defects.
sp-4449-readied-for-another-15-years-of-service
April 03, 2014
For the past four decades, former Norfolk & Western and Southern Pacific locomotive engineer Doyle McCormack has coddled the most familiar steam locomotive operating in North America.
shipper-hypocrisy-mocks-regulatory-history
March 27, 2014
A recurring and intractable thread tying together railroad history is that when the choice has been between economic liberty and government intrusion, selecting the latter has repetitively discouraged capital investment, diminished service quality, adversely affected safety, and sooner than later caused hand-wringing among those most...
purple-line-lrt-good-news-for-the-suburbs
March 21, 2014
Even rail supporters often overlook the importance of Maryland's proposed 16-mile Purple Line to future U.S. development, efficiency, competitiveness, lifestyle. I see it as a game changer.