The Federal Railroad Administration (FRA) is hosting a free-of-charge Track & Roadway Workplace Safety Symposium, its first collaborative safety gathering tailored to the industry’s track maintenance and construction groups.
The Northern New England Passenger Rail Authority (NNEPRA) announced today that the Amtrak Downeaster achieved record-breaking ridership of 574,404 passengers in 2019, a 7.8% yearly increase. The previous ridership record of 546,056 passengers was set in 2017.
For the fourth consecutive year, CN was recognized as one of Montreal’s Top Employers for 2020 by Canada’s Top 100 Employers.
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended Jan. 25, 2020, and for this week, total U.S. weekly rail traffic was 485,282 carloads and intermodal units, down 7.1% compared with the same week last year.
Cubic Corporation’s Cubic Transportation Systems (CTS) business division launched Cubic Interactive, a loyalty rewards platform that enables transit agencies and authorities to incentivize travel on public transportation.
In 2019, Norfolk Southern (NS) customers across 16 states invested $1.9 billion to develop 54 new and 23 expanded rail-served commercial projects. The industrial development is expected to create more than 1,160 customer jobs, and the investment will generate more than 62,300 carloads of new rail traffic annually for NS.
Canadian Pacific (CP) announced its 4Q19 results—including record revenues of C$2.07 billion, an operating ratio of 57%, improved diluted earnings per share of C$4.82 and a record adjusted diluted EPS of C$4.77—as well as its full-year 2019 figures, which were highlighted by a 7% revenue increase to a record C$7.79 billion.
Norfolk Southern (NS) reported 4Q19 and full-year 2019 financial results, with a net income of $666 million and a diluted earnings per share of $2.55 for 4Q19 and $2.72 billion and $10.25, respectively, for the full year.
CN reported its financial and operating results for 4Q19 as well as the year ended Dec. 31, 2019. The former includes revenues of C$3.584 billion, a 6% decrease, while the latter showed revenues of C$14.917 billion, a 4% increase.
At the conclusion of 2019, Positive Train Control (PTC) was in operation across 98.5% of the required Class I route miles, according to the Association of American Railroads (AAR).
