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.
Federal Transit Administration (FTA) Acting Administrator K. Jane Williams recently announced the U.S. Department of Transportation’s Accelerating Innovative Mobility (AIM) initiative, which aims to support and advance innovation in the transit industry via $11 million in challenge grants.
CSX’s first Train Inspection Portal (TIP), southeast of Waycross, Ga., aims to usher in a new era of railroad safety technology.
OmniTRAX, an affiliate of The Broe Group, has promoted Sergio Sabatini to President and Gord Anutooshkin to Chief Operating Officer, effective immediately. Sabatini reports to OmniTRAX CEO Kevin Shuba and Anutooshkin to Sabatini.
The South Florida Regional Transportation Authority (SFRTA) recently announced that Tri-Rail recorded a calendar year ridership record in 2019 with 4,495,039 passengers, which is a 1.8% increase from the previous year.
New year, same rail traffic struggles.
R.J. Corman recently tabbed Alín Campián as the company’s New Vice President of Commercial Strategy and Yield Management.
The Greenbrier Companies (GBX) reported financial results for its first fiscal quarter ended Nov. 30, 2019, and the highlights include orders for 4,500 diversified railcars valued at $450 million; railcar deliveries totaling 6,200 units; and the Board increasing the quarterly dividend 8% to $.27 per share, payable on Feb. 18, 2020, to shareholders as of Jan. 28, 2020.
