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May
05

CN CEO Claude Mongeau to receive Railroad Innovator Award from Progressive Railroading, RailTrends

Progressive Railroading and RailTrends® have named CN President and Chief Executive Officer Claude Mongeau the 2016 recipient of the "Railroad Innovator Award," which recognizes an individual's outstanding achievement in the rail industry.


Mongeau joined CN in 1994 and early on held such positions as vice president of strategic and financial planning and assistant VP of corporate development. He was appointed executive VP and chief financial officer in 2000, and president and CEO in 2010.

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May
04

UP charts $513 million in Texas infrastructure upgrades

Union Pacific Railroad will spend $513 million this year to improve transportation infrastructure in Texas, the Class I announced Monday.

The projects will include $429 million to maintain track and $79 million to maintain bridges, according to a UP press release.

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May
03

CN presents 'Safe Handling Awards,' joins Midwest port coalition

CN yesterday announced the winners of its annual Safety Handling Awards, which recognize customers that make the safe handling of dangerous goods a top priority.

In a ceremony held yesterday, the railroad honored 141 companies with the award.

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May
03

Court: Passenger-rail law grants unconstitutional regulatory powers to Amtrak

The U.S. Court of Appeals for the District of Columbia Circuit on Friday once again ruled that the Passenger Rail Investment and Improvement Act (PRIIA) of 2008 grants Amtrak unconstitutional regulatory authority because it requires the passenger railroad to develop performance metrics for its freight counterparts.

Under the law, Amtrak and the Federal Railroad Administration are required to craft performance metrics and standards as a way of enforcing Amtrak's statutory priority over other trains. However, since Congress designated Amtrak as a private corporation, the development of these standards represents an "unconstitutional delegation of legislative authority to a private entity," Judge Janice Brown wrote in the court's opinion.

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May
02

Amtrak allows bicycles on board the Vermonter

Amtrak has launched a service on the Vermonter route to allow passengers to bring their bicycles on board.

Effective yesterday, the service was developed with the cooperation of the Vermont Agency of Transportation, Vermont Department of Tourism, Adventure Cycling Association, and other bicycle and passenger rail groups that joined to form an advisory bicycle task force to oversee the project, Amtrak officials said in a press release.

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Apr
29

UP's Pinnacle Awards go to 65 firms for chemical transportation safety

Union Pacific Railroad has honored 65 companies with its Pinnacle Award for their commitment to safely transport chemical products, the Class I announced yesterday.

The award recognizes UP customers for implementing release prevention, corrective plans and having zero non-accident releases (NARs) of regulated hazardous materials shipments, UP officials said in a press release.

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Apr
27

Amtrak now allows pets on three Midwest routes

Amtrak has expanded its pets-on-board program to state-sponsored routes in Michigan, Missouri and Wisconsin, the national passenger railroad announced yesterday.

Under the program, riders may bring small dogs and cats in carriers on Blue Water, Wolverine, Pere Marquette, Missouri River Runner and Hiawatha trains.

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Apr
27

Lodestar Energy plans new multimodal center in Texas

Lodestar Energy Group is developing a rail-served natural gas liquids (NGL) facility and rail-car storage yard at the Gulf Inland Logistics Park near Dayton, Texas, the company announced yesterday.

Scheduled to open in second-quarter 2018, the facility will be served by BNSF Railway Co. and Union Pacific Railroad, Lodestar officials said in a press release.

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Apr
26

Michigan DOT to upgrade Amtrak Wolverine route

Amtrak and the Michigan Department of Transportation (MDOT) yesterday announced a modified schedule for the Wolverine schedule through Sept. 23 as state-owned railroad infrastructure improvements are made as part of Michigan's Accelerated Rail program.

The temporary changes went into effect yesterday so that crews can perform track and signal work along the route, Amtrak and MDOT officials said in a joint press release.

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Apr
26

CSX named to 'Best Citizens' list

CSX has been named one of Corporate Responsibility Magazine's "Best Corporate Citizens" for 2016, marking the Class I's fourth appearance on the list.

CSX placed No. 47 on this year's list, and was the only railroad included in the ranking, according to a company press release.

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Apr
26

CN's Q1 profit jumps 13 percent, but revenue falls due to commodity slump

CN posted a 13 percent jump in net income in first-quarter 2016 compared with a year ago, but slumping commodity shipments led to a 4 percent decline in revenue for the period.

The Class I yesterday reported first-quarter net earnings of $792 million (in Canadian dollars), or $1 per diluted share, compared with $704 million, or 86 cents per diluted share compared with first-quarter earnings a year ago.

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Apr
25

Norfolk Southern rolls out new 'Safety Train,' website

Norfolk Southern Railway late last week unveiled its new Safety Train and website to help educate first responders across its network on potential rail-related incidents, the Class I announced late last week.

Norfolk Southern's new Safety Train.
Photo: Norfolk Southern's Facebook account

The train and website are part of NS' Operation Awareness and Response (OAR) program, which was launched last year to improve relationships with first responders by providing classroom, web-based and field training on hazardous materials transportation.

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Apr
22

Washington state approves funds for BNSF crossing updates

The Washington Utilities and Transportation Commission approved $22,964 in grants to make safety improvements to high-risk grade crossings along an oil train route in Skamania and Klickitat counties.

The commission approved the Grade Crossing Protective Fund grants at the request of BNSF Railway Co., which asked for the amount to upgrade crossings at Butler Road in Skamania County and Walnut Street in the city of Bingen. Each crossing has been identified by the UTC as an under-protected crossing along an oil route, commission officials said in a press release.

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Apr
22

SC Ports Authority, CSX discuss need for second inland port facility

The South Carolina Ports Authority (SCPA) on Wednesday announced plans for a second inland port facility as a result of the success of its Inland Port Greer and the demand for more efficient international container movement between the Port of Charleston and growing markets in South Carolina and North Carolina.

Port officials are in discussions with CSX to determine the viability of Dillion, S.C., as a potential location for the next inland port, said SCPA President and Chief Executive Officer Jim Newsome in a press release. The parties hope to finalize plans by year's end, he said.

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Apr
22

NS reports strong Q1 results, with profit up 25 percent

Norfolk Southern Corp. posted strong first-quarter 2016 results yesterday, with profit soaring 25 percent to $387 million and diluted earnings per share up 29 percent to $1.29 year-over-year.

The results demonstrate "significant progress" in the company's five-year strategic plan, said NS Chairman, President and Chief Executive Officer James Squires.

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Apr
21

CP announces leadership moves

Canadian Pacific yesterday announced a reshuffling of leadership roles as part of a consolidation of the railroad's operating regions from three areas to two.

The changes, which went into effect yesterday, were made to prepare the executive team for Chief Executive Officer E. Hunter Harrison's retirement next year, said Keith Creel, president and chief operating officer.

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Apr
21

Norfolk Southern to trim Knoxville operations

Norfolk Southern Corp. will trim 135 positions and reduce operations at its rail yard in Knoxville, Tenn., effective May 1, the Class I announced yesterday.

The action is in response to lower traffic volumes and is part of NS' ongoing five-year strategic plan to improve efficiency, lower costs and support long-term growth, according to an NS press release.

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Apr
21

UP's Q1 revenue, profit fall as volumes continue to slow

Union Pacific Railroad logged first-quarter net income of $979 million, or $1.16 per diluted share, compared with $1.15 billion, or $1.30 per diluted share, in the previous year's quarter, the Class I reported this morning.

Operating revenue of $4.8 billion was down 14 percent compared with first-quarter 2015, as the railroad faced declining carloads in many of its business lines, UP officials said in a press release.

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Apr
21

Windmills 1, Quixote 0: CP calls off quest for NS — analysis by Tony Hatch

“Thou hast seen nothing yet.” 

― Miguel de Cervantes Saavedra, Don Quixote

“Railways have a bright future, just not via M&A”
— Tony Hatch

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Apr
20

BNSF honors shippers for safely transporting hazardous materials

BNSF Railway Co. this week honored 109 shippers with the Class I's annual Product Stewardship Award for the safe transportation of hazardous materials by rail last year.

The companies were recognized for transporting a minimum of 500 loaded tank cars of hazardous materials during 2015 with zero non-accident releases during the entire transportation cycle and for successfully implementing the ethics of Product Stewardship under the American Chemistry Council's Responsible Care® initiative, according to a BNSF press release.

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