Greater Toronto & Hamilton Area's GO Transit said Friday it would offer headways of 30 minutes throughout weekdays, and add more weekend service, on its Lakeshore East and Lakeshore West routes. Current headways average every hour on both route, though rush-hour service is more fequent.
Union Pacific Thursday reported net income of $957 million, or $2.03 per share, in the first quarter of 2013, up from $863 million, or $1.79 a share, in the first quarter of 2012. The results also beat Wall Street consensus earnings estimates of $1.95 a share.
U.S. freight carload traffic fell, and U.S. intermodal volume increased during the week ending April 13, 2013, the Association of American Railroads reported Thursday, as overall U.S. traffic resumed a predominant trend.
New York media late Wednesday marveled over the planned return this summer of the sole "name" train on the Long Island Rail Road: The Cannnonball. More relevant to potential passengers is the venerable train's reassigned western origin point: New York-Penn Station.
CSX Corp. late Tuesday said it notched earnings of $459 million, or 45 cents per share, in the first quarter, up from $449 million, or 43 cents per share, in the first quarter of 2012, on revenue of about $2.96 billion, almost identical to that of a year ago.
Figures released Wednesday by the Railway Supply Institute's American Railway Car Institute (ARCI) Committee show 23,901 cars were ordered in the first quarter of 2013, while 11,952 cars were delivered, with a backlog of 71,704 cars, all up from the fourth quarter of 2012.