Class I operating ratios reach new lows in 2019 NEWSWIRE

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A CSX train passes through Blue Island, Ill., in September 2019. CSX led Class I railroads in operating ratio in 2019. TRAINS: David Lassen The operating ratio at every Class I railroad fell below 65% for the first time in 2019 as the industry average improved to an all-time low of 61.9%. The increased profitability […]

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Toll of blockades includes huge cost for farmers, negative view of government

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As one rail blockade remains in place in Canada, the political and financial toll of the three-week disruption to rail transportation continues. A poll taken in the wake of Canada’s series of rail blockades finds that only 27% of those responding feel Prime Minister Justin Trudeau has handled the situation well, while 45% approve of […]

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UP coal traffic has hit bottom, CEO says NEWSWIRE

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A Union Pacific coal train heads east through Glen Ellyn, Ill., on Feb. 23, 2020. The railroad’s coal traffic has hit bottom as low natural gas prices lead to shutdowns of coal-fired power plans, according to CEO Lance Fritz. TRAINS: David Lassen MIAMI BEACH, Fla. — Union Pacific’s coal traffic — which is down 30% […]

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News Wire Digest second section for Tuesday, Feb. 25 NEWSWIRE

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Amtrak and real-estate firm Related Companies will pursue funds from the Department of Transportation for the next phase in the development of Manhattan’s Hudson Yards. TRAINS: David Lassen More Tuesday morning rail news: — Related Companies, the real estate firm which led the building of the first part of Manhattan’s Hudson Yards development, has signed […]

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BN’s big muscle

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Four Burlington Northern SD45s, led by No. 6536, power a westbound freight through the shadows of grain elevators at Des Lacs, N.Dak., in November 1973. The railroad rostered 222 such locomotives inherited from Chicago, Burlington & Quincy; Great Northern, Northern Pacific, and St. Louis-San Francisco. John M. Robinson Jr. photo […]

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