BNSF Railway (BNSF) on Jan. 24 announced its 2024 capital investment plan of $3.92 billion, which the Class I says will “play a key role in its ability to operate a safe and reliable network while supporting the anticipated needs of its customers.”
Through the first three weeks of 2024 (ending Jan. 20), total North American carload and intermodal traffic dipped 5.6% from the same point last year, the Association of American Railroads (AAR) reported Jan. 24. The U.S. and Canada experienced declines, while Mexico saw a gain.
The New York Metropolitan Transportation Authority (MTA) celebrates the upcoming one-year anniversary of the agency’s opening of Grand Central Madison. Also, Metrolinx partners with AccessNow to provide detailed accessibility information; the Massachusetts Bay Transportation Authority (MBTA) begins running a second set of new Red Line train cars; and Phase II of the Clipper® BayPass Program, jointly managed by the Metropolitan Transportation Commission (MTC) and Bay Area Rapid Transit (BART), is now under way.
A majority of members from the Brotherhood of Locomotive Engineers and Trainmen (BLET) Divisions 72 and 191 on Jan. 15 ratified an implementing agreement regarding CSX Transportation’s acquisition of the Springfield Terminal Railway (a Pan Am Railway affiliate).
Hamilton Container Terminal (HCT), in collaboration with Hamilton-Oshawa Port Authority (HOPA Ports) and CN, on Jan. 22 announced the creation of a direct intermodal rail service between Hamilton, Ontario and Montreal, Quebec.
Duos Technology Group, Inc. (Duos) announced Jan. 23 that the company’s Railcar Inspection Portal (RIP®) technology in 2023 performed more than eight and a half million comprehensive railcar scans, on more than 665,000 unique railcars.
Chicago-based GATX Corp. has reported fourth-quarter 2023 net income of $66.0 million, or $1.81 per diluted share, compared with fourth-quarter 2022’s $48.4 million, or $1.36 per diluted share. For full-year 2023, net income was $259.2 million, or $7.12 per diluted share, versus the prior year’s $155.9 million, or $4.35 per diluted share.
The Surface Transportation Board (STB) will require additional information in the Amtrak Gulf Coast proceeding and schedules hearing. Also, Dallas Area Rapid Transit (DART) pilots upgraded seating on light rail and streetcar vehicles; and the New York Metropolitan Transportation Authority (MTA) installs platform barriers the at 191st Street Station.
Florida East Coast Railway (FECR) recently unveiled at its Smyrna Beach, Fla., shop a new locomotive paint scheme, as well as its FEC-430 to commemorate the railroad’s veterans.
Pandrol appoints Xavier Sarrat as Chief Procurement Officer. Also, the Canadian Transportation Agency (CTA) announces two new appointments; and Amira Menoufy is appointed as Delegata’s new President.