Latest Rail News

up-employees-set-new-safety-record
January 26, 2015
Union Pacific’s 2014 employee safety performance, a 0.98 reportable injury rate, was the best in the railroad’s history, surpassing the previous record established in 2012, and an 11% reduction from the 2013 reportable rate of 1.10, “demonstrating a solid commitment...
record-quarter-year-for-norfolk-southern
January 26, 2015
Norfolk Southern posted record financial results for the fourth quarter of 2014 and for the entire year, and dropped its operating ratio to below 70%. The railroad also announced a $2.4 billion 2015 capital investment program. Net income for the quarter...
metra-postpones-on-board-purchase-penalty-rise
January 23, 2015
Chicagoland's Metra said Friday, Jan. 23, 2015 it will postpone a plan to increase the penalty for onboard ticket purchases until mobile ticketing capability is activated unveiled later this year. The fee, assessed when riders board at stations with open ticket...
aslrra-names-five-for-safety-institute
January 23, 2015
The American Short Line and Regional Railroad Association said Friday, Jan. 23, 2015 its chairman, Ed McKechnie, had announced the selection of five industry safety experts retained as assessors for a pilot project as the first step toward the longer-range...
kcs-logs-record-4q-and-full-year-revenue
January 23, 2015
Kansas City Southern on Friday, Jan. 23, 2015, said it had achieved record revenue results for both its fourth quarter and full year, as earnings per share exceeded Wall Street analyst expectations. KCS reported fourth-quarter net income of $142 million, or...

freight-car-backlog-grows-75
January 22, 2015
The backlog of freight cars grew by about 75% in 2014, according to fourth-quarter reporting statistics compiled by the Railway Supply Institute American Railway...
new-york-mta-board-approves-fare-hike
January 22, 2015
Riders on New York Metropolitan Transportation Authority's (MTA) buses and subways will pay more beginning March 22, 2015, following an MTA Board of Directors...
intermodal-dip-disrupts-us-freight-traffic-win-streak
January 22, 2015
Total cumulative U.S. weekly rail traffic for the week ending Jan. 17, 2015 slipped 1% measured against the comparable week in 2015, the Association of American...
up-4q-earnings-beat-street
January 22, 2015
Union Pacific said Thursday, Jan. 22, 2015 its fourth-quarter net earnings totaled $1.41 billion, or $1.61 per share, handily beating Wall Street consensus...
cp-notches-record-4q-income-operating-ratio
January 22, 2015
Canadian Pacific early Thursday, Jan. 22, 2015, announced record net income of C$451 million, of C$2.63 per diluted share, up 10% from the fourth quarter of...