Fairport, N.Y.-based RailComm said Wednesday it has provided remote control for a New England Central Railroad bridge.
Green Bay, Wis.-based Schneider National, Inc., on Wednesday said it has signed a new, multiyear agreement with BNSF, under which the Class I railroad will continue to serve as one of Schneider's primary rail providers.
Confirming what many have suspected, New York Metropolitan Transportation Authority Chairman Joseph Lhota on Tuesday acknowledged that the agency's East Side Access Project likely would not be completed until 2019, due to unexpected construction difficulties.
Railroads with the industry's best safety performance records Tuesday were honored at the annual E.H. Harriman Awards ceremony in Washington, D.C., with the event also marking the industry's nearly 100 year commitment to safety and innovation with the Centennial Award.
The Surface Transportation Board Tuesday officially cleared the way for Michigan's Department of Transportation to acquire two sections of rail right-of-way from Norfolk Southern Corp., totaling about 135 miles, for eventual upgrading to 110 mph passenger rail speeds.
Fitch Ratings says it views "weak year-to-date rail volume trends as a reflection of fundamental shifts in demand patterns for key industrial commodities as domestic production of unconventional oil and gas resources continues to grow."
Berkshire Hathaway reported at its annual meeting that first-quarter earnings included $701 million from BNSF Railway compared with $607 million in the year-earlier quarter, as rising shipments of manufactured foods made up for diminished coal haulage.