Most Railroads Nearing Positive Train Control Implementation
Positive train control technology is either in advanced field testing or operational on 98% of the required route miles mandated by Congress, according to an assessment.
FRA Announces $311 Million in Funding Availability
More than $311 million in funding is available for projects designed to improve freight and passenger rail connectivity, federal railroad regulators announced this month.
Navis to Acquire Assets From Biarri Rail
Navis has reached an agreement to acquire assets from freight railroad software developer Biarri Rail, the company announced Feb. 20.
February 21, 2020AAR: PTC Implementation for Freight Railroads Almost Finished
Implementation of automatic braking technology for freight railroads is nearly complete, an industry group indicated recently.
Canadian Crude-by-Rail Shipments to Surge, Spurring Investment
Canadian shipments of crude by rail are poised to surge next year, spurring investment in new export infrastructure.
Possibilities, Costs ‘Enormous’ for A2A Rail
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.
CN Rail Downgrades Financial Outlook as Result of Strike
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.
FRA Proposal Calls for State Highway-Rail Grade Crossing Plans
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.
Conn. Rail Plan Would Cut Travel From New Haven to New York by 30 Minutes
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.
CSX Earnings, Revenue Dip 1% in 2Q; Operating Ratio Improves
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.