T-REX: New plan to integrate dinosaur NYC transit systems
A new report from Regional Plan Association (RPA) calls for the merging of Metro-North Railroad, New Jersey Transit and Long Island Rail Road into a single integrated network.
News
Railcar builder Greenbrier reshapes leadership roles
The Greenbrier Companies, with an eye on the future. announced new corporate officer assignments and promotions.
CP begins network shutdown after union strike notices
Canadian Pacific has initiated a shutdown of its network after a strike notice from two unions.
CN adding to boxcar fleet
CN announced it would acquire 350 boxcars to meet growing demand among industrial customers across its North American network.
Canadian Pacific net slows on higher expenses
First-quarter profit fell 19.3% at Canadian Pacific Railway on higher expenses across its network.
Norfolk Southern awards safe chem shippers
Norfolk Southern has awarded its 2017 Thoroughbred Chemical Safety Award to 52 chemical customers in recognition of their safe handling of rail-shipped products.
CSX 1Q18 financials: Records broken, but where is volume growth?
CSX on April 17 posted record earnings and an all-time low operating ratio—based almost entirely on cost-cutting measures, headcount reductions, rate increases and stock buybacks, not volume growth.
Vehicle shipments lead new carload report
Intermodal shipments and motor vehicle volumes regained some of their luster among U.S. Class 1 railroads in the latest weekly carload data.
Cowen and Company surveys “generally positive”
Parallel first-quarter 2018 surveys conducted by Cowen and Company with rail shippers, and with shippers who own or lease railcars, indicate that the market is “generally positive” for railroads and railcar manufacturers.
High-speed commuter rail line to open in Connecticut
Connecticut will soon begin operations on a long-delayed interstate commuter rail line connecting the capital and one of the state’s largest cities.