Network upgrades lift CN earnings
Third-quarter profits at CN jumped on higher revenues as the largest Canadian railroad finished up projects to improve its network capacity.
Third-quarter profits at CN jumped on higher revenues as the largest Canadian railroad finished up projects to improve its network capacity.
It was a record third quarter for Norfolk Southern Corp., which plans to overhaul its operations and begin to implement Precision Scheduled Railroading in 2019.
Oregon after years of study has released a Draft Environmental Impact Statement for proposed passenger service upgrades between Eugene and Portland.
Chicago South Shore & South Bend Railroad’s safety record in 2017 was recognized with the American Short Line and Regional Railroad Association’s (ASLRRA) prestigious President’s Award.
As a way to circumvent the highway congestion around the Port of Portland, neighboring sites are vying to develop an inland intermodal facility in Oregon’s Willamette Valley.
Amid a surging market for new railcars, American Railcar Industries agreed to sell itself back to a group led by its former founder and CEO at a premium more than 50% above its share price.
Development is under way on what is being billed as the largest rail-served industrial park in the Denver area.
Despite some network issues, Kansas City Southern saw record revenues in the third quarter that, at $699 million, were 6% higher from a year ago.
The math for North America railroads is simple: A surging economy plus Precision Scheduled Railroading equals record profits.
Sound Transit has appointed Tracy Butler, a longtime executive of the Seattle agency, as chief financial officer.