The Greenbrier Companies, Inc. on Jan. 8 reported financial results for its first fiscal quarter ended Nov. 30, 2024 that CEO and President Lorie L. Tekorius termed “impressive … delivering exceptional bottom-line
Trinity Metro TEXRail surpasses record ridership in December 2024. Also, TriMet and law enforcement partners welcome changes to make transit a drug-free zone; NJ Transit launches an anti-human-trafficking awareness campaign; the Mineta Transportation Institute (MTI) releases a study that identifies the indirect benefits of a transit apprenticeship; and the Federal Railroad Administration (FRA) awards a $21 million Restoration and Enhancement (R&E) grant to Amtrak for Gulf Coast passenger rail.
Professional services firm STV elevates Marcos Díaz González to President, Transportation Northeast and John Ponzio to Executive Vice President, Centers of Excellence, and hires Garo Hovnanian as Executive Vice President, Advisory Services. Also, Janet Campbell-Lorenc joins infrastructure firm HNTB Corporation as Rail Planning Practice Consultant; and INIT Innovations in Transportation, Inc., announces changes to the leadership team.
Total U.S. rail traffic for the week ending Jan. 4, 2024 (Week 1) was up 1.0% from the prior-year period, with intermodal gains offsetting carload losses, according to the Association of American Railroads’ (AAR) latest report.
Union Pacific is making progress on its goal to be the safest railroad in North America. As of November 2024, the railroad’s year-to-date derailment and personal injury rates improved 25% compared to
The National Carriers Conference Committee (NCCC) on Jan. 7 reported the ratification of a national collective bargaining agreement with the American Train Dispatchers Association (ATDA), the fourth such agreement reached in recent weeks.
New York state’s Passenger and Freight Rail Assistance Program has $101.8 million available to fund rail and port projects that will preserve and improve the state’s major trade and passenger corridors. Applications will be accepted through April 7, 2025.
The Railroad Employee Equity and Fairness (REEF) Act, incorporated into the Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025 and signed into law by President Biden
The freight railcar market is more secure thanks to a new rule issued by the Federal Railroad Administration (FRA), a provision in the 2021 bipartisan Infrastructure and Investment Jobs Act (IIJA). This FRA final
The American Short Line and Regional Railroad Association (ASLRRA) on Jan. 7 reported that Ronald “Ron” Batory, Kedrick Earl Durden and Henry Posner III have been selected to join the Short Line Railroad Industry
The U.S. Department of Transportation (USDOT) on Jan. 7 announced that it will award 25 California projects a combined $258 million for transportation infrastructure upgrades. The grants come through three programs funded
The California Department of Transportation (Caltrans), in partnership with the California State Agency (CalSTA), released on Jan. 7 its final 2024 State Rail Plan, which officials said, “lays out a strategy for
MxV Rail R&D, Railway Age January 2025 Issue: Recently, the Association of American Railroads (AAR) Coupling Systems and Truck Castings Committee asked MxV Rail to evaluate how warp restraint systems might be
Railway Age’s 2025 Railroader of the Year is CSX President and Chief Executive Officer Joe Hinrichs, who joined the railroad industry in September 2022 and in a little more than two years
FINANCIAL EDGE, RAILWAY AGE JANUARY 2025 ISSUE: Politicians and political writers have it easy. Suffering from a post-election malaise? Have no fear! Matt Gaetz to the rescue! Thousands of hours of news coverage, hundreds of thousands of words, tons of printer and pen ink spilled over one sycophant’s selfish, immature, illegal and disrespectful behavior.
Norfolk Southern (NS) grants more than $6 million to communities across its network in 2024. Also, Union Pacific (UP) and subsidiary PS Technology are recognized for “Digital Transformation of the Year” at the Digital Engineering Awards.
Rate hike expectations +30bps sequentially, though still below survey average. Biz growth & confidence stepped up significantly in first survey post-election. 26% of shippers have pulled freight in anticipation of tariffs, and
RAILWAY AGE JANUARY 2025 ISSUE: Railway Age’s 2025 Railroader of the Year is CSX President and Chief Executive Officer Joe Hinrichs, who joined the railroad industry in September 2022 and in a
The Brotherhood of Maintenance of Way Employes Division-International Brotherhood of Teamsters (BMWED) is now accepting scholarship applications for the 2025-26 academic year. Also, the Intermodal Association of North America (IANA) has added
RAILWAY AGE, JANUARY 2024 ISSUE: How a concept became an innovative new service, thanks to synergies created by CPKC’s transnational network. Canadian Pacific Kansas City (CPKC) predicted at its 2023 Investor Day
