Class I operating ratios reach new lows in 2019 NEWSWIRE

CSX_Blue_Island_Lassen

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 […]

Read More…

Trains News Wire Digest for Friday, Feb. 28 NEWSWIRE

PanAm_Logo

Friday morning rail news: — Norfolk Southern has informed customers that Pan Am Railways’ Hoosac Tunnel in Western Massachusetts is now expected to remain out of service until mid-March, following the partial collapse of a wall in the 145-year-old tunnel on Feb. 12. The closure affects the line between Mechanicville, N.Y., and Ayer, Mass.; NS […]

Read More…

Transport minister warns Canadian rail recovery will take weeks (updated) NEWSWIRE

Canada_Flag

Transport Minister Marc Garneau says Canada’s freight rail system faces “many, many weeks” of delays as a result of protests by and in support of indigenous groups across the country. As of this morning, just one of the blockades that have appeared over the last three weeks is reported to remain in place. In a […]

Read More…

AAR weekly traffic round-up for the week of Feb. 26, 2020 NEWSWIRE

Association of American Railroads traffic table for the week ended Feb. 22, 2020

Association of American Railroads WASHINGTON — The Association of American Railroads today reported U.S. rail traffic for the week ending Feb. 22, 2020. For this week, total U.S. weekly rail traffic was 482,690 carloads and intermodal units, down 7.6% compared with the same week last year. Total carloads for the week ending Feb. 22 were […]

Read More…

Buffett says BNSF has improved profitability without adopting PSR NEWSWIRE

Buffett_BNSF

Berkshire Hathaway Chairman Warren Buffett runs a BNSF Railway model train as BNSF CEO Carl R. Ice, right, looks on during Berkshire Hathaway’s annual shareholder meeting in Omaha, Neb., in 2019. BNSF Railway OMAHA, Neb. — BNSF Railway has improved its profit margins without having to adopt Precision Scheduled Railroading, Berkshire Hathaway Chairman Warren Buffett […]

Read More…

BNSF Railway reports higher profits for 2019 and fourth quarter NEWSWIRE

A BNSF Railway baretable train ascends Tehachapi Loop in California in September 2019.

A BNSF Railway baretable train ascends Tehachapi Loop in California in September 2019. Bill Stephens FORT WORTH, Texas — BNSF Railway’s profits rose last year as rate increases and cost controls overcame the impact of a volume slump and unusually harsh weather that included historic flooding in the Midwest. BNSF announced its financial results on […]

Read More…

Arrests reported at Ontario rail blockade site (updated) NEWSWIRE

Canada_Flag

News reports say several people were arrested Monday at a rail blockade near Belleville, Ontario, after protesters ignored a midnight deadline to clear the site, the first in a series of locations where rail service has been disrupted across Canada. New blockades appeared elsewhere over the weekend. Some VIA Rail Canada and commuter rail service […]

Read More…

Unions vow to act together after railroads score court win on crew-size negotiations NEWSWIRE

BLETLogo

WASHINGTON D.C. — A federal judge has decided that crew size will be part of the debate during the upcoming round of national bargaining set to begin this week, and unions say they will work together to protect two-person crews. Late last year, eight major freight railroads filed a lawsuit in U.S. District Court in […]

Read More…

AAR: US rail traffic tanked for the week of Feb. 15, 2020 NEWSWIRE

Association of American Railroads US weekly traffic report for the week ended Feb. 15, 2020

Association of American Railroads WASHINGTON — The Association of American Railroads on Wednesday reported U.S. rail traffic for the week ending Feb. 15, 2020. For this week, total U.S. weekly rail traffic was 479,137 carloads and intermodal units, down 8.6% compared with the same week last year. Total carloads for the week ending Feb. 15 […]

Read More…

Blockades lead to VIA, CN layoffs NEWSWIRE

logo_viarail

VIA Rail Canada has laid off 1,000 workers as a result of the blockades of rail lines at locations across Canada, joining about 450 Canadian National workers laid off earlier this week. Some of the Canadian passenger carrier’s plans to partially restore service were thwarted Wednesday as new blockades appeared. The blockades are part of […]

Read More…

FRA to require risk reduction program for Class I railroads, certain short lines NEWSWIRE

FRA

WASHINGTON — The U.S. Department of Transportation’s Federal Railroad Administration has issued a final rule, launching the Risk Reduction Program to support an increasing standard of safety for the nation’s freight railroads. “The Risk Reduction Program will improve safety in the nation’s freight rail system,” said U.S. Secretary of Transportation Elaine L. Chao. The final […]

Read More…

Trains News Wire Digest for Tuesday, Feb. 18 NEWSWIRE

Tank_Cars_Lassen

The Canadian government has modified its rules for hazardous-material trains, raising some speed limits. TRAINS: David Lassen Tuesday morning rail news: — The Canadian government has modified its order slowing trains carrying hazardous materials, raising some speed limits and adding additional rules reflecting rail-line signaling, the CBC reports. The rules issued Sunday create two categories […]

Read More…