ATLANTA — Norfolk Southern and 120 companies worked together to facilitate 159 industrial development projects along the railroad’s network in 2022, NS said in a press release, with those projects representing $3.2 billion in investment and creating more than 3,900 new jobs. “In partnership with public and private sector leaders, Norfolk Southern is a catalytic […]
DES MOINES, Iowa — Legislation seeking to limit the length of freight trains in the state of Iowa passed its first legislative hurdle Thursday, moving through a subcommittee to the state House Transportation Committee. The Cedar Rapids Gazette reports a three-member subcommittee voted unanimously to advance House Study Bill 88, which would limit freight trains […]
PORTLAND, Ore. — Railcar manufacturer The Greenbrier Cos. will close its Gunderson plant this spring, laying off 101 workers as it shifts production to other factories, the Oregonian newspaper reports. Layoffs will begin in March; some production at the plant will continue until May, at which time the company expects to complete the plant closure […]
WASHINGTON — The downward trend for U.S. rail traffic continued for the week ending Jan. 21, with overall traffic down 2.1% compared to the same week in 2022. Total traffic was 467,485 carloads and intermodal units. That included 230,545 carloads, up 3.3%, and 236,940 trailers and containers, down 6.7%. Traffic through three weeks of 2023 […]
JACKSONVILLE, Fla. — CSX Transportation reported strong fourth-quarter earnings on Wednesday and, despite signs of an economic slowdown, said it expected to gain volume this year thanks to ongoing service improvements. “I’m particularly proud to report that our service metrics continued to show real improvement through the fourth quarter after starting a clear upward trend […]
WASHINGTON — No one from the Justice Department bothered to testify at the Surface Transportation Board’s September hearing on the proposed merger of Canadian Pacific and Kansas City Southern. But that absence doesn’t mean the Justice Department doesn’t have concerns about the first merger of Class I railroads in two decades. In a letter to […]
BLOOMFIELD, Conn. – Paul F. Cruikshank Jr., who served as Milwaukee Road’s vice president of operations during the critical years the railroad downsized and reorganized to a profitable core system, died Jan. 17 in Bloomfield. He was 93. Cruikshank had a long and varied railroad career. He started as a brakeman for the Great Northern Railway […]
MONTREAL — When it comes right down to it, railroading is not a complicated business, Canadian National Chief Operating Officer Ed Harris says. It’s all about sticking to a schedule, following the operating plan no matter what, and running safely. Harris, who served as CN’s operations boss from 2005 to 2007, was named COO on […]
ATLANTA — Norfolk Southern set fourth-quarter and annual records for revenue and profits, but expects a slowing economy and declining freight demand to produce flat revenue and earnings this year. The big unknown: Will the railroad’s ongoing service improvements allow NS to offset anticipated traffic volume declines as the economy weakens? CEO Alan Shaw, speaking […]
NEW YORK — The path to the opening of Grand Central Madison — the new Long Island Rail Road terminal in Midtown Manhattan, deep beneath Grand Central Terminal — has been long, arduous, and incredibly expensive. Now that it has arrived, officials at the Metropolitan Transportation Authority hope it will be viewed for its transformational […]
WASHINGTON — Genesee & Wyoming will spend up to $42 million to correct Clean Air Act violations regarding locomotives under an agreement announced Tuesday by the U.S. Department of Justice and Environmental Protection Agency. A complaint that was also filed Tuesday alleged that G&W and a number of its subsidiaries operated diesel locomotives with rebuilt […]
MONTREAL — Canadian National met all of its financial targets for 2022, but the railway issued a cautious outlook for this year with the expectation of a mild recession and soft traffic volumes. “Without a doubt we are in an uncertain economic time,” CEO Tracy Robinson told investors and analysts on CN’s earnings call on […]
