Union Pacific (UP) today reported 4Q19 net income of $1.4 billion, or $2.02 per diluted share. This compares to $1.6 billion, or $2.12 per diluted share, in the 4Q18.
Author: Andrew Corselli
Kimia Khatami, Director of Customer Service for Pacific Harbor Line (PHL), has been named President of the Harbor Association of Industry & Commerce (HAIC), a commercial and industrial trade association representing the business community of Long Beach and Los Angeles harbors.
Urban Engineers recently hired engineering veteran Mark Alisesky, P.E., as a Senior Project Manager and Regional Marketer for rail and transit.
The Federal Transit Administration (FTA) recently announced a $790 million Full Funding Grant Agreement (FFGA) with the Central Puget Sound Regional Transit Authority (Sound Transit) for the Federal Way Link Extension Project in King County, Wash., via FTA’s Capital Investment Grant (CIG) Program.
New Amtrak state-of-the-art, high-speed trainsets are scheduled to enter service on the Northeast Corridor (NEC) in 2021, as Amtrak and Alstom have partnered to introduce the new Acela fleet.
On Jan. 23, following two years of service that saw major improvements to New York City’s 116-year-old rapid transit system, MTA New York City Transit President Andy Byford resigned.
It’s the same stuff, different year for U.S. rail traffic. Although our neighbors to the south are singing a different tune.
Railway Age is now accepting entries for its annual Short Line and Regional Railroads of the Year competition. Class II and III railroads are invited to submit entries describing outstanding achievement in one or a combination of areas.
CSX—the first U.S. Class I to report fourth-quarter and full-year financials—reached an all-time-low operating ratio of 58.4% for full-year 2019.
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended Jan. 11, 2020, and, for this week, total U.S. weekly rail traffic was 501,624 carloads and intermodal units, down 9.6% compared with the same week last year.