CN issued its third-quarter 2023 earnings after Wall Street’s closing bell on Oct. 24, reporting declines in revenues and operating income. The results were impacted by “continued weakness in consumer demand, external disruptions and unfavorable fuel surcharge lag,” the Canadian Class I said. However, the railroad is “primed for the rebound,” according to President and CEO Tracy Robinson.
Amtrak completes Wilmington, Del., station renovations. Also, Brightline releases Miami-to-Orlando, Fla., ridership data; Colorado Department of Transportation (CDOT) is exploring northwest passenger rail service; the Federal Transit Administration (FTA) targets late 2023 to sign a new Full Funding Grant Agreement with Honolulu Authority for Rapid Transportation (HART); Los Angeles County Metropolitan Transportation Authority’s (LACMTA) Ambassador Program may become permanent; and Schuylkill River Passenger Rail Authority (SRPRA) in Pennsylvania renews its contract with consultancy Transportation for America.
VIA Rail Canada Inc. (VIA Rail) President and CEO Mario Péloquin says the federal government “should move toward giving VIA Rail trains formal right of way on the tracks over freight trains,”
The Port of Los Angeles reported handling 748,440 Twenty-Foot Equivalent Units (TEUs) in September, a 5.4% improvement compared to the same period last year.
Vossloh Rolling Stock has taken its first steps into offering hydrogen-based traction for its latest fleet of switcher locomotives. Kevin Smith visited the manufacturer in Kiel to learn more about its project
A new collective bargaining agreement has been ratified by members of the Brotherhood of Maintenance of Way Employes Division-International Brotherhood of Teamsters (BMWED) working at New York-based Delaware & Hudson Railway Company
“Consistent with our initial outlook, the railcar leasing environment in North America remains robust,” GATX President and CEO Robert C. Lyons said during a report on third-quarter 2023 financials, which included Rail North America fleet utilization of 99.3% and a renewal success rate of 83.6%.
The national presidents of the Brotherhood of Locomotive Engineers and Trainmen (BLET) and the International Association of Sheet Metal, Air, Rail and Transportation Workers, Transportation Division (SMART-TD), which represents the conductors, have
The Transportation Security Administration (TSA) on Oct. 23 reported renewing and updating three security directives on passenger and freight railroad cybersecurity.
CN on Oct. 23 announced that it has renewed and expanded a five-year transportation agreement with utilities company AltaGas, leveraging the Class I railroad’s exclusive access to the Port of Prince Rupert.
The Surface Transportation Board (STB) on Oct. 23 reported appointing six new members to its Rail Energy Transportation Advisory Committee (RETAC).
We’ve been following terminal dwell time at Canadian Pacific Kansas City’s three primary Mexican yards for months as we wait for CPKC’s Mexican operation—which has been hamstringing financial results—to turn around, and
Sonoma-Marin Area Rail Transit (SMART) awards a $32.5 million contract for a second Petaluma train station. Also, North County Transit District (NCTD) authorizes an exclusive negotiating agreement for the Escondido Transit-Oriented Development (TOD) project; and the Connecticut Department of Transportation (CTDOT) finalizes Service and Fare Equity (SAFE) analysis.
Norfolk Southern (NS) Senior Director Infrastructure and Cloud Services Banita Hyman earns a spot on the Atlanta Business League’s 2023 100 Most Influential Black Women list. Also, Union Pacific (UP) President Beth Whited is recognized as a “People Leader” to watch by executive search firm N2Growth; and lllinois Gov. J.B. Pritzker appoints Moline City Administrator Bob Vitas to the Illinois High-Speed Railway (HSR) Commission.
Wabtec Corporation is supplying brakes and couplers for 640 MTA New York City Transit (NYCT) R211s on order with Kawasaki Rail Car Inc. Also, supply chain visibility provider FourKites updates its AI-enabled Slot Manager system.
The Wayne County Commission has signed a contract to lease the former Heartland Intermodal Gateway property in Prichard, W.Va., to private railroad company R.J. Corman Railroad Group. R.J. Corman took over the
Total intermodal volumes fell 10.4% year-over-year in second-quarter 2023, according to a recent report by the Intermodal Association of North America (IANA). All segments showed declines, including domestic containers, down 6.3%; international containers, down 13.2%; and trailers, down 20.1%.
In celebration of the 2023 Leadership Academy’s graduating class and scholarship winners, Latinos In Transit (LIT) hosted an awards reception Oct. 9 at the Rosen Centre in Orlando, Fla.
OmniTRAX, an affiliate of The Broe Group, recently named former Amazon global supply chain executive Shariff Gonnella as President of the Brownsville & Rio Grande International Railway, LLC (BRG). Gonnella succeeded Norma Torres,
Chicago Transit Authority (CTA) proposes a $1.99 billion operating budget for 2024. Also, Rob Free takes over as acting President of MTA Long Island Rail Road (LIRR); Southern California’s Metrolink conducts an on-board drill using earthquake safety technology; WSP in Canada wins a contract for Metrolinx’s Hamilton Light Rail Transit project in Ontario; the Ontario government plans transit-oriented development near six future stations of Metrolinx’s Ontario Line subway and Scarborough Subway extension projects in Toronto; and Washington Metropolitan Area Transit Authority (WMATA) extends Parsons’ task-order contract.
