MTA Metro-North Railroad will begin service to the new Fairfield Metro Station on Monday, Dec. 5. Located midway between the Fairfield and Bridgeport stations, Fairfield Metro has 1,400 parking spaces.
Canadian Pacific Railway Ltd. announced Tuesday that that subsidiary Canadian Pacific Railway Co. is issuing: US$250 million of 4.50% Notes due 2022 and US$250 million of 5.75% Notes due 2042. The transaction is expected to close on Dec.1.
U.S. carload freight traffic advanced 1.1% during the week ending Nov. 19, measured against the comparable week in 2010, the Association of American Railroads reported. U.S. intermodal volume did even better, rising 3% for the week compared with a year ago.
BNSF posted a letter on its website Wednesday warning its customers that a strike threat still faces the railroad industry and asking for their help in averting it.