The backers of a new rail line to link Alaska to Canada and Lower 48 markets insist it would generate upward of $5 billion of freight revenue through the state.
December 5, 2019
Government, Business, Logistics, TCA
Railroad track by the Lower Trail Lake in the Chugach National Forest in Alaska. Canadian rail lines currently get as close to Alaska as Whitehorse in the Yukon. (Getty Images)
Possibilities, Costs ‘Enormous’ for A2A Rail
Railroad track by the Lower Trail Lake in the Chugach National Forest in Alaska. Canadian rail lines currently get as close to Alaska as Whitehorse in the Yukon. (Getty Images)
Government, Business, Logistics
Canadian National Railway CEO JJ Ruest said the company is recovering well from the eight-day strike. But the railroad did downgrade its financial picture for the rest of the year. (Canadian National)
CN Rail Downgrades Financial Outlook as Result of Strike
Canadian National Railway CEO JJ Ruest said the company is recovering well from the eight-day strike. But the railroad did downgrade its financial picture for the rest of the year. (Canadian National)
Canadian National Railway is making a quick recovery from the eight-day strike by 3,200 Teamsters Canada Rail Conference conductors and yard crews, according to the Montreal-based railroad.
December 3, 2019
Government, Safety
A railroad in Alaska, which is one of the 40 states that would need to develop a highway-rail grade crossing action plan under the proposed rule. (Getty Images)
FRA Proposal Calls for State Highway-Rail Grade Crossing Plans
A railroad in Alaska, which is one of the 40 states that would need to develop a highway-rail grade crossing action plan under the proposed rule. (Getty Images)
The Federal Railroad Administration has issued a proposed rule that would require states to develop highway-rail grade crossing action plans — or update the action plans they have.
November 13, 2019
Government, Business, Technology, TCA
A view of the the Metro-North Railroad's Hudson Line at the Croton–Harmon station in Croton-on-Hudson, N.Y., on Nov. 2, 2016. (Seth Wenig/Associated Press)
Conn. Rail Plan Would Cut Travel From New Haven to New York by 30 Minutes
A view of the the Metro-North Railroad's Hudson Line at the Croton–Harmon station in Croton-on-Hudson, N.Y., on Nov. 2, 2016. (Seth Wenig/Associated Press)
Gov. Ned Lamont will call Nov. 7 for more than $4 billion in improvements for the Metro-North Railroad to cut travel times and alleviate traffic congestion in lower Fairfield County.
November 7, 2019
Business
A CSX freight train pulls tank cars past downtown Pittsburgh, on June 24, 2019. (Associated Press/Gene J. Puskar)
CSX Earnings, Revenue Dip 1% in 2Q; Operating Ratio Improves
A CSX freight train pulls tank cars past downtown Pittsburgh, on June 24, 2019. (Associated Press/Gene J. Puskar)
Class 1 freight railroad CSX Corp. on July 16 reported second-quarter net earnings of $870 million, or $1.01 a share, compared with $877 million, or $1.08 a share — a 1% dip from the same period a year ago.
July 22, 2019
Government, Technology, Safety
Department of Transportation Secretary Elaine Chao (Patrick T. Fallon/Bloomberg News)
Secretary Elaine Chao Touts Positive Train Control Installment at Summit
Department of Transportation Secretary Elaine Chao (Patrick T. Fallon/Bloomberg News)
The U.S. Department of Transportation has recorded progress with the implementation of positive train control technology, the country’s top transportation official indicated recently.
June 28, 2019
Government, Business, Technology, Equipment, Safety
Rep. David Price (D-N.C.), chairman of the transportation funding subpanel. (House Appropriations Subcommittee/YouTube)
BNSF, Amtrak Detail PTC Progress at House Hearing
Rep. David Price (D-N.C.), chairman of the transportation funding subpanel. (House Appropriations Subcommittee/YouTube)
Executives from BNSF Railway Co. and Amtrak assured federal lawmakers of their firms’ adherence to congressionally mandated requirements regarding automatic braking technology.
March 12, 2019
Business, Logistics
Getty Images
SteelRiver Infrastructure Looking to Sell Patriot Rail
Getty Images
SteelRiver Infrastructure Partners is seeking a buyer for Patriot Rail Co., a transportation business that could fetch more than $600 million, according to people with knowledge of the matter.
February 12, 2019
Business, Technology, Logistics
TorQuest Partners Invests in Cando Rail
TorQuest Partners, a Toronto-based midmarket private equity firm, has invested in Cando Rail Services Ltd. of Brandon, Manitoba.
November 13, 2018
Government, Business, Logistics
TT file photo
Senate Considers Presidential Nominees for Surface Transportation Board
TT file photo
The Senate Committee on Commerce, Science and Transportation is one step closer to doubling the number of members who sit on the Surface Transportation Board. The committee convened a hearing April 11 to consider Patrick Fuchs and Michelle Schultz to serve as members of the board.
April 11, 2018Pages
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