boom@ * Train trips have ballooned to over 200 a month * Shippers complain about congestion, say longest delays in Poland * Chinese govts are rushing to show support for Belt and Road YIWU, China/MALASZEWICZE, Poland, June 27 (Reuters) - When cargo trains from China began arriving at the Polish border town of Malaszewicze almost…
Posts published in July 2018
The MR-63 units have been gradually phased out of service as STM takes delivery of new Azur cars. Photo – STM The Societe de transport de Montreal (STM) last week marked the final day of service for its original MR-63 train. The train's builders took their last ride aboard the train on the Blue Line…
Rail News Home Federal Legislation & Regulation 7/26/2018 Rail News: Federal Legislation & Regulation Feds: CSX to pay $2.2 million in penalties for derailment, oil spill A National Transportation Safety Board (NTSB) photo of the derailment site. Photo – ntsb.gov The federal government and state of West Virginia this week announced a proposed settlement that…
Rail News Home Federal Legislation & Regulation 7/26/2018 Rail News: Federal Legislation & Regulation Report: Short lines contribute significantly to U.S. economy The regional and short-line rail industry added billions of dollars in value to the U.S. economy in 2016, according to an economic impact report released today by the American Short Line and Regional…
The city’s streetcar contract calls for the vehicles to be 65 feet to 75.5 feet in length versus the existing 66-foot streetcars. Photo – seattlestreetcar.org…
OMAHA, Neb. (AP) — Norfolk Southern's second-quarter profit raced ahead 43 percent as the railroad handled 6 percent more freight. The company said Wednesday that it earned $710 million, or $2.50 per share, in the quarter. That's up from $497 million net income, or $1.71 per share a year ago. The results surpassed the $2.31…
(Adds comments from conference call) July 24 (Reuters) - Canadian National Railway Co on Tuesday reported a better-than-expected quarterly profit and raised its forecast for full-year adjusted earnings as the railroad moved higher volumes of commodities including grains and fertilizers at better pricing. Canada's largest railroad expects to move higher volumes in the second half…
(Adds analysts' estimates, outlook, shares) July 24 (Reuters) - Canadian National Railway on Tuesday reported a better-than-expected quarterly profit and raised its forecast for full-year adjusted earnings as the railroad moved higher volumes of commodities including grains and fertilizers. The company said it now expected adjusted earnings of C$5.30 to C$5.45 per share, compared with…
(Adds details on earnings) July 24 (Reuters) - Canadian National Railway reported a 27 percent jump in quarterly profit on Tuesday as the railroad moved higher volumes of commodities including grains and fertilizers. Total carloads, the amount of freight loaded into cars during a specified period, rose 5.8 percent, while rail freight revenue per carload…
Rail News Home Federal Legislation & Regulation 7/23/2018 Rail News: Federal Legislation & Regulation Feds OK next phase of testing on RTD's G Line The line was originally slated to open for passenger service in fall 2016. Photo – Denver RTD Denver's Regional Transportation District (RTD) has received approval from the Federal Railroad Administration (FRA)…