Phoenix Rail, a joint venture of infrastructure manager Ancala and rail investment and management firm Arkadia Rail Partners (formerly Brookhaven Capital Partners), has completed acquisition of Lehigh Valley Rail Management LLC (LVRM),
Former Surface Transportation Board (STB) Chair Ann Dawn Begeman has joined the CSX Board of Directors. Begeman’s career has spanned more than three decades in public service, primarily in the Legislative and
In 2024, the largest-ever Michigan State University Eli Broad College of Business Railway Management Certificate Program (RMCP) class assembled for the program’s 19th iteration. Some 30 people attended the four week-long residential modules
Focusing solely on fourth-quarter and full-year 2024 numbers, CSX experienced a difficult year—but the numbers don’t paint an accurate picture. Events beyond CSX’s control—the Francis Scott Key Bridge collapse in Baltimore, which
Union Pacific’s 4Q24 and Full-Year (FY) 2024 financial results (download below) reflected revenue carload growth, and improvements in freight car velocity, employee productivity, operating income and operating ratio. The Class I posted
The Railway Association of Canada (RAC) has released Rail Trends 2024, the 32nd edition of its rolling ten-year review of the industry’s financial and statistical performance. The information is a compendium of Canadian
In 2024, Norfolk Southern customers advanced 149 industrial development projects, representing $4.3 billion in investment for new or expanded facilities on NS or a connecting Class II or III. Of these, 65
Class II Reading & Northern Railroad (RBMN) in 2024 posted another year of record freight revenues and passenger ridership and revenues. On the freight side, RBMN—Railway Age’s four-time Regional Railroad of the
The 2025 edition of Railway Age’s Next-Gen Freight Rail (NGFR) conference will feature Canadian Pacific Kansas City (CPKC) President and CEO and two-time Railroader of the Year Keith Creel in a fireside
Norfolk Southern on Jan. 21 released its 2024 Safety Report (download below), “reflecting on accomplishments and initiatives from the last year. These milestones are a result of the company’s unwavering commitment to protecting
