Canadian Pacific Kansas City (CPKC) on Dec. 22 announced that the 2023 CPKC Holiday Train program raised a record C$1.8 million and collected more than 160,000 pounds of food for local food banks and food programs in the U.S. and Canada over the last four weeks.
The Port of New Orleans (Port NOLA) will receive $73.77 million from the federal government to assist in building the Louisiana International Terminal (LIT) project, which will provide an efficient gateway for the movement of cargo on
Effective 12:01 a.m. on Dec. 8, the Maryland Department of Transportation – Maryland Transit Administration (MDOT MTA) has temporarily suspended Light Rail service at all stops to perform emergency inspections of every vehicle in the fleet.
We modestly lower our fourth-quarter 2023 estimates on mix pressures that are likely to be somewhat mitigated by fuel tailwinds. Intermodal recovery comes at the price of yield given the protracted over-the-road (OTR) rate trough. A revenue per carload rebound is likely a late-2024 story, at best. First-quarter 2024 should see typical seasonal softening, which is well understood as the focus shifts to recovery. We favor Union Pacific (UP) and Norfolk Southern (NS) in 2024 on margin recovery prospects.
Amtrak earns the top score on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI). Also, the Metropolitan Atlanta Rapid Transit Authority (MARTA) deploys railcars into the Atlantic Ocean; the Maryland Department of Transportation Maryland Transit Administration (Maryland DOT MTA) completes the feasibility study for the North-South Transit Corridor; and Metrolinx selects AECOM as its delivery partner for the Eglinton Crosstown West Extension project.
The Canadian Transportation Agency (CTA) on Dec. 21 ruled that revenues of both CN and Canadian Pacific Kansas City (CPKC) were above their respective maximum grain revenue entitlements for crop year 2022–2023.
The George Washington University (GW) Regulatory Studies Center on Dec. 18 announced that Roger Nober has joined as its new Director, effective January 2024.
Valley Metro recently announced that the Northwest Extension Phase II light rail project, connecting Mesa, Tempe and downtown Phoenix, Ariz., will officially open for service on Saturday, Jan. 27, 2024.
Amtrak on Dec. 22 issued a Request for Proposals (RFP) to railcar manufacturers to begin the process of replacing its current Long-Distance Fleet.
Following five days of closures at Eagle Pass and El Paso, Texas, U.S. Customs and Border Protection (CBP) announced Dec. 22 the reopening of these key international crossings, according to an Association of American Railroads (AAR) release.
L.B. Foster, a global technology solutions provider of products and services for the rail and infrastructure markets, announced Dec. 21 that its Board of Directors has voted to expand its size to eight members and elect David J. Meyer to the Board, effective Jan. 1, 2024.
In recent weeks we’ve focused on the big tailwind from Thanksgiving and its subsequent slingshot effects, which accelerated the overall system and propelled some key metrics at Union Pacific, BNSF, and CSX
The Toronto Transit Commission (TTC) Board on Dec. 20 approved a 2024 C$2.6 billion ($1.95 billion) operating budget that “freezes fares, continues to increase service, and invests millions of dollars in system safety and cleanliness.”
The North County Transit District (NCTD) Board of Directors on Dec. 21 unanimously approved Shawn M. Donaghy as the agency’s new Chief Executive Officer (CEO), effective March 1, 2024.
Canada’s Minister of Transport Pablo Rodriguez and Railway Association of Canada (RAC) President and CEO Marc Brazeau on Dec. 21 jointly announced a renewed Memorandum of Understanding (MOU) that “reflects a shared vision of working toward net-zero emissions by 2050 and builds upon the meaningful progress made to date by the Canadian rail sector.”
Sir Arthur Conan Doyle weaved mysteries as no other, with his protagonist detective, Sherlock Holmes, well-tuned to the significance (The Adventure of Silver Blaze) of a watchdog not barking when it should.
Dec. 22 marks five days since U.S. Customs and Border Protection (CBP) halted Union Pacific, BNSF and Ferromex rail operations at the U.S/Mexico border crossings at El Paso and Eagle Pass. CPB,
Brightline, which describes itself as “the nation’s only provider of modern, eco-friendly intercity passenger rail,” provides this retrospect on its “top moments of 2023.” “This year, Brightline journeyed through groundbreaking goals, notably
Amtrak met its agreement workforce hiring targets in fiscal year 2023 (FY23) and expects to meet hiring needs in FY24, but there are opportunities for the company to improve the efficiency of its hiring process, according to an Amtrak Office of Inspector General (OIG) report released Dec. 18.
The Los Angeles Country Metropolitan Transportation Authority (LA Metro) on Dec. 20 announced that the agency saw an 11.3% increase in total system ridership in November 2023 compared to the previous year with more than 24 boardings, marking the twelfth consecutive month of year-over-year ridership growth.
