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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…
AllTranstek hires Nicole Lev Ross as VP of Strategy and Consulting
Downers Grove, Ill.-based AllTranstek, LLC has hired Nicole Lev Ross as Vice President of Strategy and Consulting, the company announced Sept. 29, 2015. She will work with senior management in…
NS’s Butler honored with yard renaming
Norfolk Southern is honoring Executive Vice President Planning and Chief Information Officer Deborah Harris Butler, who is retiring Oct. 1, 2015, by renaming its classification and intermodal yard in Memphis,…
Leadership transition at Norfolk Southern
Continuing a tradition of smooth leadership transitions, Norfolk Southern Executive Chairman Charles W. “Wick” Moorman will be stepping down effective Oct. 1, 2015. President and CEO James A. Squires will…
CP, NS complete D&H South sale
Canadian Pacific Railway Ltd. has completed the sale of a 282-mile segment of its Delaware & Hudson subsidiary to Norfolk Southern Corp.—the D&H South line, which connects Schenectady, N.Y., with…
NS restructuring Triple Crown Services
Norfolk Southern Corp. announced on Sept. 18, 2015 that it is restructuring its Triple Crown Services (TCS) subsidiary to focus on the transportation of automobile parts. The railroad said will…
CN, CSX earn sustainability accolades
The Dow Jones Sustainability Index has named CSX and CN Sustainability Leaders.
Sarah, it’s all up to you—for now
Acting Federal Railroad Administrator Sarah Feinberg will respond to questions before the U.S. Senate Committee on Commerce, Science, and Transportation at her confirmation hearing to become permanent FRA Administrator on…
Beyond basic AEI
Class I railroads have been seeking a rugged mobile AEI (Automatic Equipment Identification) application that will provide them with detailed railcar inspection and maintenance functions in addition to asset tracking.…
CSX updates third-quarter and full-year 2015 expectations
CSX Chief Sales and Marketing Officer Fredrik Eliasson, formerly the company’s CFO, on Sept. 9, 2015 reviewed performance to date and updated investors on the company’s third-quarter and full-year expectations…
CSX: Munoz sheds wheels for wings; Gooden elevated to President
CSX President and Chief Operating Officer Oscar Munoz has left the railroad, effective immediately, to become President and Chief Executive Officer of United Continental Holdings, Inc., parent company of United…
Is PTC a prelude to crewless trains?
An assistant to the president of the Westinghouse Air Brake Company once said, “… let us direct our thoughts toward what would be required in the way of equipment or…
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