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House T&I passes H.R. 3763, PTC extension intact. Now the fun begins
The House Transportation and Infrastructure Committee on Oct. 22, 2015 unanimously approved the Surface Transportation Reauthorization and Reform (STRR) Act of 2015 (H.R. 3763). Among the STRR Act’s numerous provisions…
Diesel drop drives down UP quarterly operating ratio
Buffeted by decreases in operating income and revenue and business volumes compared to the prior-year quarter, Union Pacific still managed to post an all-time quarterly record operating ratio of 60.3%…
PTC: “It ain’t over till it’s over”
The House Transportation & Infrastructure Committee has passed H.R. 3763, the Surface Transportation Reauthorization and Reform Act of 2015, commonly referred to as the “Highway Bill.” Buried deep within the…
Railway Age seeks entries for inaugural Fast Trackers contest
Railway Age on Oct. 20, 2015 launched its inaugural Fast Trackers contest, in which ten individuals under the age of 40 who have made an impact in their respective fields…
CP reports record third-quarter revenue and OR
Canadian Pacific Railway (CP) on Oct. 20, 2015 posted its highest-ever revenue for the third quarter, with a 16% growth in adjusted earnings per share to $2.69 and the lowest…
BNSF, Union Pacific move massive frac sand trains
BNSF and Union Pacific have each moved two of the longest and heaviest unit frac sand trains ever seen in North America. BNSF and short line Southwestern Railroad recently delivered…
CSX reports record third-quarter earnings
With quarterly operating income of $933 million, an operating ratio of 68.3%, and net earnings of $507 million, CSX posted record financial results for the third quarter of 2015.
UP says “Your Life is Worth the Wait”
Union Pacific has taken a fresh, positive approach to educating the general public about railroad grade crossing safety. Rather than focus on the consequences of driving or walking around lowered…
Freight traffic down through first three quarters of 2015
In reporting weekly U.S. rail traffic, as well as volumes for September 2015 and the first nine months of 2015, the Association of American Railroads (AAR) noted that modest gains…
Blue Ribbon Panel: How to unclog Chicago
A Blue Ribbon Panel convened by Amtrak is recommending co-located train dispatchers, improved operating practices, and capital improvement projects to help relieve rail gridlock in and around Chicago and prevent…
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