Watch: CSX Adds New York Central to the Heritage Fleet
CSX has debuted locomotive No. 1853 in New York Central colors—the eighth heritage-schemed unit to roll out of its Waycross, Ga., shop. Its number recognizes New York Central’s founding year.
CSX has debuted locomotive No. 1853 in New York Central colors—the eighth heritage-schemed unit to roll out of its Waycross, Ga., shop. Its number recognizes New York Central’s founding year.
Norfolk Southern (NS) is capping the year with a report on what it says are the 10 ways it drove growth and increased productivity by focusing on “resilience and exceptional service.”
CSX is named one of America’s Greatest Workplaces for Diversity by Newsweek. Also, CSX’s Selkirk Auto Terminal celebrates four years injury-free, and Norfolk Southern’s (NS) Norris Yard speed controller improves productivity and fluidity.
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.
Schuylkill River Passenger Rail Authority (SRPRA) in Pennsylvania selects a consultant to prepare a Reading-Philadelphia service development plan. Also, Santa Clara Valley Transportation Authority (SCVTA) closes on a $23.8-million land purchase near Diridon Station in San Jose, Calif.; and Washington Metropolitan Area Transit Authority (WMATA) eliminates the $2 SmarTrip fare payment card fee for seniors.
CSX upgrades its Positive Train Control (PTC) system. Also, CN’s SCIO platform is recognized by the Digital Engineering Awards in the Digital Transformation of the Year category; and Norfolk Southern (NS) grants $5 million to promote safety and build communities and begins construction on its East Palestine Field Office.
Norfolk Southern (NS) holds an interim home Value Assurance Program (VAP) workshop for residents of East Palestine, Ohio, and hosts the Georgia Safe Driving Summit. Also, Union Pacific (UP) earns a safety award from Gulf Coast plastics customer LyondellBasell.
Railway Age’s Next-Gen Freight Rail 2024 Conference will take place on March 12, 2024, from 9:00 AM to 4:00 PM at the Union League Club of Chicago. Join us as we discuss
Terminal Railroad Association of St. Louis (TRRA), Railway Age’s 2020 Short Line of the Year, has renewed FLEXRail’s lease of 800 feet of track at the Madison Yard in Venice, Ill. The
Construction is under way at South Carolina Port Authority’s (SC Ports) Navy Base Intermodal Facility. Also, the Port of Los Angeles’ Alameda Corridor Terminus Gap Closure project is recognized as a top regional transportation improvement project by the American Public Works Association Southern California Chapter.