Railway Age in 2024 is proud to announce Mississippi Export Railroad (MSE) and Wheeling & Lake Erie Railway Company (W&LE) as our Short Line and Regional Railroads of the Year, respectively. Eastern
“The Wabtec team delivered a strong finish to 2023 as evidenced by higher sales, margin expansion, increased earnings and improved cash flow,” President and CEO Rafael Santana said in a Feb. 14 earnings announcement. Sales were up 15.7% year-over-year, driven by Freight and Transit growth. TD Cowen offers updated insight on Feb. 15.
Altamont Corridor Express (ACE) regional/commuter rail service advances extension project to Elk Grove, Calif. Also, Massachusetts Gov. Maura Healey discusses Massachusetts Bay Transportation Authority (MBTA) investments in her budget proposal; Connecticut Gov. Ned Lamont’s proposed budget includes full funding for the MTA Metro-North Railroad’s New Haven Line; ridership climbs at Metro Transit in Minneapolis/St. Paul, Minn.; Metropolitan Atlanta Rapid Transit Authority (MARTA) earns a 2024 AdWheel award from the American Public Transportation Association (APTA); and Amtrak, New Jersey Transit (NJT), and Washington Metropolitan Area Transit Authority (WMATA) are awarded Forbes Best Large Employer status.
Through the first six weeks of 2024 (ending Feb. 10), total North American carload and intermodal traffic was down 0.8%—virtually flat—compared with the same point last year, according to the Association of American Railroads’ (AAR) Feb. 14 report. While Mexico saw a gain, Canada experienced a decline and U.S. traffic was virtually flat.
CN is recognized for “leadership on climate change” by environmental non-profit CDP and for safety at subsidiary CNTL (CN Transportation Ltd.) by ISAAC Instruments. Also, Norfolk Southern (NS) outlines its Conductor Trainee program; and Union Pacific (UP) shares the latest replica of the Big Boy No. 4014, made with 30,000 LEGO® pieces.
Katherine Stephens has been elevated to Senior Vice President and Chief Operating Officer (COO) for the Canada region at infrastructure consulting firm AECOM.
Communications, electrical and signal workers at Toronto Transit Commission (TTC) vote in favor of a strike mandate. Also, Santa Clara Valley Transportation Authority (VTA) launches an anti-harassment campaign.
Frauscher Sensor Technology, an Austria-based axle counting and wheel detection system provider, has hired Alexander P. Knourek to serve as Chief Financial Officer (CFO), leading financial strategy and operations. Knourek has more
The California High-Speed Rail Authority (CHSRA) on Feb. 9 issued its draft 2024 Business Plan for public review and comment. It covers major program progress in Northern California, the Central Valley and
Work is still under way on settlement terms and conditions for launching Amtrak’s Gulf Coast service between New Orleans and Mobile, “America’s Railroad,” CSX, Norfolk Southern (NS), and Alabama State Port Authority