Breaking News

WMATA 7000-Series Rapid Transit Cars: Courtesy Wikipedia

NTSB Issues Wheelset Safety Alert, Preliminary Report on WMATA Derailment

Following the Washington Metropolitan Area Transit Authority’s (WMATA) Oct. 12 derailment, the National Transportation Safety Board (NTSB) has issued a safety alert calling on rail transit agencies and commuter railroads to check their fleets for “wheelsets that do not meet gage specifications”; NTSB also released a preliminary report on the derailment.

Railway Age recognized the R.J. Corman Railroad Company/Memphis Line (RJCM; top left) as its Short Line Railroad of the Year, and Lake State Railway (LSRC, top right) as its Regional Railroad of the Year for 2021. The Belpre Industrial Parkersburg Railroad (BIPR, bottom left) and Grenada Railroad (GRYR) each earned a Short Line Honorable Mention.

RJCM, LSRC, BIPR, GRYR Accept Railway Age Awards

The R.J. Corman Railroad Company/Memphis Line (RJCM) and Lake State Railway (LSRC) accepted Railway Age’s 2021 Short Line & Regional Railroads of the Year Awards at the American Short Line and Regional Railroad Association (ASLRRA) Annual Conference & Exhibition in Phoenix, Ariz., on Nov. 18; the Belpre Industrial Parkersburg Railroad (BIPR) and Grenada Railroad (GRYR) received Short Line Honorable Mentions.

Opinion

World Energy: ‘Chaos’ Is Just About Right

FINANCIAL EDGE, DECEMBER 2021 ISSUE: Now that the drama around the CP-KCS merger has finally subsided, the rail market has to occupy itself with other more mundane issues, such as the forward trajectory of coal loadings. Representing 12% of railcar loadings (even in its diminished state), coal remains a critical industry issue.

BNSF: Giving Back to the Communities We Serve

Your first thought of Thanksgiving may bring fond memories of family, food, football or turkey-induced naps, but at its core, the national holiday’s meaning is rooted in gratitude. While Turkey Day gives us a specific day devoted to being grateful for life’s gifts, the BNSF Railway Foundation works all year to show our appreciation through charitable giving to the thousands of communities along our network.

A ‘Gow’ Infused STB Chairman

Years ago, as general counsel to the Illinois Racing Commission, Surface Transportation Board (STB) Chairperson Martin J. Oberman chased the “gow”—jockey-speak for opium used illegally to improve race horse performance. These days, the 76-year-old Oberman is himself infused with a legal form of gow: an unabated resolve to use his regulatory cudgel to splinter railroad market power.