Since 2020, Class I railroads have acquired more than 3,000 miles of trackage from short line and regional carrier—some of which they previously owned.
I will attempt to clarify a rather “interesting” indirect exchange involving Union Pacific’s Jim Vena, who hopes to one day head the first East-West U.S. transcontinental Class I railroad, and BNSF’s Katie
In April 2019, Matt Rose stepped down as BNSF Executive Chairman. At the end of his tenure, Rose had been Executive Chairman for six years, and BNSF President and CEO for the
On Sept. 30, I reported on Brightline, the private-sector passenger railroad that currently operates in Florida and is building a high-speed railroad between Southern California and Las Vegas. I examined the company’s
Election Night 2025 was a good one for Democrats. Although there were some local elections earlier this year, the first multi-state set of contests since POTUS 47 returned to office (after having
FROM THE EDITOR, RAILWAY AGE NOVEMBER 2025 ISSUE: At this writing in late October, we are nearly five months out from our annual Next-Generation Freight Rail (“NGFR”) Conference, slated for March 10,
FINANCIAL EDGE, RAILWAY AGE NOVEMBER 2025 ISSUE: Just about everybody has at one point in their life mused about the paradoxical nature of the weather forecaster, the most common refrain being something
Jacob Elium, VP of Financial Planning and Analysis, didn’t just choose a career in railroading; he followed a path carved decades earlier by his grandfather, Robert “Bob” Elium. His grandfather’s career was one of determination, pride, and decades of hands-on experience.
Starting next spring, on a date not yet announced, trains will again run on a regularly scheduled basis between New York City’s Grand Central Terminal (GCT) and Amtrak’s Albany-Rensselaer station. While track
Prior to the Staggers of Act of 1980, the only way a Class I railroad could shed the cost of marginal or money losing light density rail line was abandonment. It was