Rail Group on Air Podcast: Virgin’s Orlando Extension; new NRC Chairman Hansen
Listen to the newest Podcast from RT&S Editor-in-Chief Bill Wilson.
News
UP Sets Quarterly OR Record, On Declining Revenues—Again
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.
Khatami Named HAIC President
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.
Engineering Vet Alisesky Heads to Urban
Urban Engineers recently hired engineering veteran Mark Alisesky, P.E., as a Senior Project Manager and Regional Marketer for rail and transit.
FTA Announces $790MM Grant, $629.5MM Loan for Sound 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.
AAR, GoRail Honor Clyburn
The Association of American Railroads and GoRail have presented House of Representatives Majority Whip Rep. James E. Clyburn (D-S.C.) the Railroad Achievement Award “for his longstanding leadership on surface transportation issues, including matters that directly and indirectly affect both freight and passenger railroads in South Carolina and across the nation.” AAR President and CEO Ian Jefferies presented Rep. Clyburn with the award at the North Charleston Intermodal Transportation Center.
New Acela Fleet Set to Enter Service in 2021
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.
UPDATED: NYCT President Byford Resigns
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.
Canadian Grain Groups Want Rail Option Assurances
Canadian grain groups are taking a fresh look at pressing government officials to enact legislation that would address how the country can continue shipping grain and grain products in the event of a strike or other work stoppage, FreightWaves reports.
U.S. Rail Traffic Struggles, Mexico Thrives
It’s the same stuff, different year for U.S. rail traffic. Although our neighbors to the south are singing a different tune.