MONTREAL — Union Pacific and Norfolk Southern have “a long way to go” to address issues with their merger application, Canadian National CEO Tracy Robinson said during the company’s quarterly earnings call today (Friday, Jan. 30). “It is not at all clear that the transaction as proposed addresses many of the questions around the negative […]
MONTREAL — Canadian National showed gains in traffic, revenue, and operating income in the fourth quarter of 2025, the company announced today (Jan. 30). Financial results (all converted to U.S. dollars) showed revenues of $3.3 billion, a gain of 2% over the same quarter in 2024. Operating income was $1.28 billion, up 6%, with adjusted […]
DALLAS — David Ivan has been named president and CEO of BNSF Logistics, a third-party logistics firm and subsidiary of Berkshire Hathaway’s Burlington Northern Santa Fe, LLC. The company announced the move, effective immediately, on Thursday, Jan. 29. Ivan has more than 25 years of experience in leading complex, multi-site operations in manufacturing, logistics, and […]
NEW YORK — The Metropolitan Transportation Authority committed a record $15.8 billion to capital projects in 2025, including more than $5 billion made possible through congestion tolling funds, the agency and Gov. Kathy Hochul announced this week. The commitments include $6.6 billion for rolling stock; $3.4 billion for state-of-good-repair and other program support; $2.7 billion […]
WASHINGTON — The lack of a standardized process for how and where to be positioned when operating a hand brake was the probable cause of a serious injury to a Hulcher Services Inc. employee during a rerailing operation last year at the Port of Stockton, Calif., the National Transportation Safety Board said in a newly […]
GEORGIANA, Ala. — Revenue freight is once again moving on a short line in southern Alabama. The Pinsly Railroad Co.’s Georgiana & Andalusia Railroad recently restored freight service on the 36-mile rail line between the CSX interchange at Georgiana and Andalusia, Ala. The first railcars in more than a year were delivered on Jan. 20, […]
CALGARY, Alberta — Canadian Pacific Kansas City on Wednesday reported higher fourth-quarter profits despite flat volume. “Our story is about continuing to do what we do best: Controlling what we can control, and executing our PSR model, which remains key to setting CPKC apart and allows us to shine in times of uncertainty,” CEO Keith […]
WASHINGTON — U.S. Sen. Tammy Duckworth and U.S. Rep. Mike Quigley (both D-Ill.) on Wednesday introduced legislation to create a $1.5 billion grant program to fund bridge repair, maintenance, and replacement on commuter rail lines. The Building Rail Infrastructure for a Durable and Growing Economy (BRIDGE) Act would use funds from the Mass Transit Account […]
TROY, Mich. — Michigan State University’s Eli Broad College of Business will host “Rails to the Future: 200 Year of Progress, Building What’s Next,” a conference featuring key rail industry officials May 11-13 at the MSU Management Education Center in Troy. Keynote speakers will include Federal Railroad Adminstration Administrator David Fink; Surface Transportation Board […]
ATLANTA — Heightened intermodal competition took a toll on Norfolk Southern’s volume, revenue, and profits in the fourth quarter. The 7% drop in intermodal volume drove a 4% decline in overall traffic as NS lost container business to rival CSX, which launched an intermodal alliance with BNSF Railway last summer. CEO Mark George said the […]
COLUMBUS, Ohio — The Ann Arbor Railroad will receive $120,000 and manufacturer AluChem will receive $75,000 for rail rehabilitation projects approved at the most recent meeting of the Ohio Rail Development Commission. The commission announced the grants, approved at a Jan. 22 meeting, on Tuesday, Jan. 27. The Ann Arbor funding will go toward a […]
WASHINGTON — U.S. rail traffic showed a significant uptick during the week ending Jan. 28, gaining 6% over the same week a year ago. Total weekly traffic was 481,708 carloads and intermodal units. That included 214,784 carloads, up 13.7%, and 266,924 containers and trailers, up 0.5% compared to the corresponding week in 2025. Through three […]
