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FRA funds third track for northern Virginia
The Federal Railroad Administration Monday announced its intent to release $74.8 million for 11 miles of a third track for use by Virginia Rail Express (VRE), CSX, and Amtrak in northern…
CP touts faster transcontinental service
Canadian Pacific Monday said it has launched new faster intermodal train services connecting Vancouver, British Columbia, to Toronto or Chicago.
Rail cost of capital rises to 11.57%
The Surface Transportation Board announced Friday that it had determined the railroad industry's after-tax cost of capital for 2011 to be 11.57%, compared with 11.03% for the prior year.
CSX ranks high on carbon disclosure index
CSX Corp. announced Thursday that for the third year in a row the company earned a place on the Carbon Disclosure Project (CDP) S&P 500 Carbon Disclosure Leadership Index (CDLI), and for…
AAR: U.S. “mixed traffic” trend rolls on
U.S. freight carload traffic fell 2.3% during the week ending Sept. 8, 2012, measured against the comparable week in 2011, the Association of American Railroads (AAR) said Thursday. U.S. intermodal…
Baltimore, CSX eye near-dock intermodal site
Mount Clare train yard in southwestern Baltimore would be the site of a $90 million, near-dock intermodal yard designed to aid traffic flow through the Port of Baltimore. CSX Transportation…
U.S. ends August with mixed traffic results
U.S. freight carload traffic for the week ending Sept. 1 declined 3.4% measured against the comparable week of 2011, the Association of American Railroads said Thursday. But U.S. intermodal continued…
CN identifies locomotive shop investment
CN Wednesday said it plans a C$12 million expansion of its Locomotive Reliability Centre (LRC), located in Prince George, British Columbia.
BNSF touts Bakken field capacity expansion
BNSF Railway said Tuesday it has increased capacity this year to enable the railroad to haul 1 million barrels of oil per day out of the Williston Basin in North…
New Orleans rail operators deal with Isaac
Residents in New Orlean's French Quarter Thursday assured Railway Age by email that the city center was literally weathering Hurricane Isaac far better than expected, retaining electric power and phone…
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