JACKSONVILLE, Fla. — New CSX CEO Steve Angel says his focus will be keeping the railroad running well every day while waiting for the right merger deal to come along. Angel, who replaced Joe Hinrichs on Sept. 29, was peppered with merger-related questions during the railroad’s third-quarter earnings call on Thursday afternoon. One Wall Street […]
WASHINGTON — The CEOs of 40 chemical manufacturers warned President Donald Trump today that the proposed Union Pacific-Norfolk Southern merger will reduce rail competition, drive up rates, and make their companies less competitive in global markets. “You have committed to restoring American manufacturing, strengthening domestic supply chains, and outcompeting global rivals and we … fully […]
ALBANY, N.Y. — Norfolk Southern is suing Voorheesville, N.Y., which has blocked the railroad’s construction of a crew-change facility that will support the shift of its New England intermodal trains to trackage rights over CSX. In a lawsuit filed last week in U.S. District Court in Albany, N.Y., NS argued that Voorheesville’s stop-work order on […]
Union Pacific and Norfolk Southern will hold Nov. 14 shareholder votes seeking investor approval of their proposed $85 billion transcontinental railroad merger. The railroads will each hold separate but simultaneous virtual shareholder meetings, with UP’s scheduled for 8 a.m. Central and NS’s scheduled for 9 a.m. Eastern on Nov. 14, the railroads said in proxy […]
NEWARK, N.J. — NJ Transit could raise up to $1.9 billion for its operations over the next 30 years through development of more than 8,000 acres of unused agency-owned real estate, the transit operator says in a plan released on Wednesday. The proposal dubbed the “LAND Plan: Leveraging Assets for Non-Farebox Dollars” would also address […]
LOWELL, Ark. — J.B. Hunt, the largest domestic intermodal operator, reported higher third-quarter profits on Wednesday as cost-cutting was more than enough to offset a 1% decline in intermodal volume. Executives also said they believe the traditional fall intermodal shipping peak will materialize this year as goods imported over the summer to beat tariff deadlines […]
WASHINGTON —New York’s Gateway Tunnel project may be halted, based on a brief comment in a lengthy news conference by President Donald Trump on Wednesday, Oct. 15. While not identifying by name the project to add two tracks under the Hudson River between New Jersey and New York’s Penn Station, Trump suggested it was the […]
Bachmann HO GATX 4180 Airslide covered hopper Scale: HO (1:87.1) Price: $59 Manufacturer: Bachmann Industries Inc., 1400 E. Erie Ave., Philadelphia, PA 19124; 215-533-1600; shop.bachmanntrains.com Bachmann HO GATX 4180 Airslide covered hopper features: Based on 1967-1968 design Blackened, machined metal wheelsets with RP-25 contours Factory-installed air hoses and roof hatches Freestanding brake system casting with […]
NEW YORK — The environmental review process has begun for Interborough Express, New York City’s first light rail service, the Metropolitan Transportation Authority announced on Wednesday (Oct. 15, 2025). The start of the process will include three public meetings to explain the scope of the project and the review process. The first is set for […]
WASHINGTON — A drop in intermodal traffic led weekly U.S. rail traffic to dip below 2024 levels in the latest statistics from the Association of American Railroads. For the week ending Oct. 11, 2025, overall traffic was 498,462 carloads and intermodal units, a 1.3% decline from the same week a year ago. That included 273,900 […]
DETROIT — Michigan Central Station, the long-abandoned rail facility revived last year by Ford Motor Co. as the centerpiece of an innovation district, could see trains again under an agreement announced today (Oct. 15, 2025). The Michigan Department of Transportation, the city of Detroit, and Michigan Central, the company overseeing the innovation district, have agreed […]
LOWELL, Ark. — J.B. Hunt executives say that if Class I railroad consolidation is really about competing with trucks, it will present an opportunity for the largest domestic intermodal provider to convert freight from highway to rail. And they said during Wednesday’s earnings call that there’s no reason they cannot continue to work with both […]
