According to a new analysis conducted by EY, the New York Metropolitan Transportation Authority’s (MTA) proposed 2025-2029 Capital Plan will generate $106 billion in economic activity and more than 70,000 jobs statewide.
BNSF on Jan. 23 announced its $3.8 billion capital plan for 2025, which devotes $2.84 billion to maintenance and $535 million to expansion.
Dining Car Stewards represented by the International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD) have voted unanimously to ratify a tentative agreement with Amtrak spanning seven years from July 1, 2022, through Dec. 1, 2028.
The Massachusetts Bay Transportation Authority (MBTA) Board of Directors on July 25 approved a $54 million plan to bring BEMU (battery-electric multiple-unit) train service to the Fairmount Commuter Rail Line, which, the agency says, “will ultimately result on more frequent service and lower emissions in surrounding communities.”
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
An attack on reservations systems, social media threats to passengers and operations, suspicious bags left at a train station, and an active shooter at a station and onboard a train headed to the U.S.—all these scenarios were worked through during a recent training exercise that the Transportation Security Administration (TSA) and Transport Canada conducted with Amtrak and VIA Rail Canada.
Testing of the KC Streetcar Extensions begins. Also, Trinity Metro approves $3.1 million for rail expansion services and equipment; and the Tyler Area Metropolitan Planning Organization (MPO) is approved a $150,000 contract to conduct a light rail study.
At Chicago-based GATX, existing railcar demand “remained steady, as expected” for its North American business unit, with the railcar lessor extending leases at continued “attractive rates, while maintaining high fleet utilization and strong renewal success,” President and CEO Robert C. Lyons said in a fourth-quarter and full-year 2024 financial report.
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
Wabtec Corporation (Wabtec) on Jan. 23 announced that TRANSAP, a Chile-based rail logistics company, has ordered four of its advanced C30ACi locomotives as part of TRANSAP’s fleet renewal initiative to support the company’s growth.