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Rail revenue adequacy? Well, sort of
The Surface Transportation Board (STB) ruled Sept. 2 that five Class I railroads—BNSF, U.S. affiliates of Canadian National and Canadian Pacific, Norfolk Southern and Union Pacific—are revenue adequate. That is,…
More upgrades for Chicago-St. Louis HrSR
Illinois Gov. Pat Quinn has pledged an additional $102 million in right-of-way upgrades for higher-speed rail (HrSR) improvements to accelerate passenger rail travel times between Chicago and St. Louis.
Oregon rejects coal export terminal plan
Oregon's Department of State Lands on Monday, Aug. 18, 2014, denied a permit for construction of a coal export project on the Columbia River to bolster international coal export.
UP 2Q results beat the Street
Union Pacific said Thursday, July 24, 2014 its second-quarter net earnings rose 17%, to $1.29 billion, or $1.43 per share, measured against $1.11 billion, or $1.18 per share, in the…
Wildfires damage Northwest rail lines
A series of wildfires in central and eastern Washington state, some blazing for nearly a week, have devastated entire communities and left several sections of railway damaged.
Illinois, UP mark projects new and old
Illinois Gov. Pat Quinn and Illinois U.S. Sen. Dick Durban (D) joined Union Pacific President and COO Lance Fritz Friday, June 27, 2014, to announce a joint $90 million addition…
UP enhances premium intermodal service
Union Pacific has increased the frequency of two intermodal services, Portland-Chicago and Northern California-Chicago, both of which are part of UP’s top-tier “premium” intermodal service, with four-day delivery in the…
OmniTRAX acquires Sand Springs Railway Co.
OmniTRAX announced Wednesday, May 28, 2014 that it is acquiring Sand Springs Railway Co., a 32-mile short line linking the railroad's namesake Oklahoma city with Tulsa, Okla.
UP officially opens New Mexico rail facility
New Mexico Gov. Susana Martinez joined Union Pacific Chairman and CEO Jack Koraleski in ceremonially opening UP's new 2,200-acre facility in Santa Teresa, N.M. on Wednesday, May 28, 2014.
Northwest congestion spurs intermodal shift
Historically high levels of traffic, plus numerous track and capacity improvement projects that are currently under way, are both putting the squeeze on BNSF's northern corridor, with intermodal a potential…
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