The U.S. Senate has voted 67-32 to consider a nearly $1 trillion national infrastructure package, following a compromise by President Joe Biden and a bipartisan group of senators on key provisions, including $39 billion for public transit and $66 billion for passenger and freight rail.
“Our ability to deliver sustainable, profitable growth has never been stronger,” Canadian Pacific (CP) President and CEO Keith Creel said during the railroad’s second-quarter 2021 earnings announcement.
July 29, 2021, FRANK N. WILNER, reporting from Washington D.C. (Copyright© 2021, Railway Age): Another step in a lengthy, tortuous and torturous slog toward reducing—where efficient and safe—train crew size to just one locomotive engineer was achieved by three Class I railroads July 28 with the finalizing of four binding arbitration awards.
For the week ending July 24, 2021, total U.S. rail traffic came in at 503,219 carloads and intermodal units, growing 4.6% from the same week last year, the Association of American Railroads (AAR) reported on July 28.
Victoria County (Texas) Navigation District has selected TNW Corp. to provide rail operations for the Port of Victoria (POV) and to co-develop a planned multi-modal logistics facility.
Class III common carrier East Chicago Rail Terminal has teamed with sister company East Chicago Transload to launch switching services and transloading at one northwest Indiana location.
Norfolk Southern (NS) in second-quarter 2021 delivered “another solid performance of sequential operating ratio improvement,” Chairman, President and CEO James A. Squires said July 28 during an earnings announcement. Revenue and volume rebounded from last year, he reported, up 34% and 25%, respectively.
Spring, Tex.-based Industrial Networks (INet) has added an operations management platform to its suite of rail yard management tools for railroads and railcar repair shops.
Nearly one month after the Surface Transportation Board’s June 28 deadline for submitting comments on CN and Kansas City Southern’s merger voting trust application, letters continue to be filed and added to the docket. One such letter, filed July 26, comes from House Transportation and Infrastructure Committee Chair Peter DeFazio (D-Ore.), who opposes it.
Virginia’s Commonwealth Transportation Board (CTB) recently approved a Rail Industrial Access Grant for Norfolk Terminal LP, and adopted the framework to advance the state’s Transit Ridership Incentive Program (TRIP).
