railroads News Updates

BusinessSafety

Thieves Raiding Rail Cargo Containers in Los Angeles

LOS ANGELES — Thieves have been raiding cargo containers aboard trains nearing downtown Los Angeles for months, taking packages belonging to people across the U.S. and leaving the tracks blanketed with discarded boxes.

January 14, 2022
GovernmentBusinessSafety

Kentucky Directs $2.5 Million to Freight Rail Projects

In an effort to boost multimodal freight transportation, Kentucky Gov. Andy Beshear announced $2.5 million in awards to improve at-grade rail crossings.

July 2, 2021
GovernmentBusinessTechnologySafetyLogistics

Rail Industry Defends Safety Record Amid Staffing Cuts

OMAHA, Neb. — Even as railroads are operating longer freight trains that sometimes stretch for miles, the companies have drastically reduced staffing levels, prompting unions to warn that moves meant to increase profits could endanger safety and even result in disasters.

May 17, 2021
Government

New York Gov. Cuomo Announces $87 Million in Rail, Port Funding

New York Gov. Andrew Cuomo announced the availability of $87 million for port and rail improvements in an effort to enhance the state’s trade corridors,

February 12, 2021
GovernmentBusinessSafetyLogistics

Railroads Install Crash-Prevention System Ahead of US Deadline

U.S. railroads have completed installation of an automated crash-prevention system that covers 57,536 miles of freight and passenger tracks ahead of an end-of-year deadline that was previously extended, the Federal Railroad Administration announced Dec. 29.

December 29, 2020
BusinessLogistics

Rail Cargo Posts First Gain in Two Years as Consumer Goods Surge

U.S. railroads are back, with freight volume posting the first quarterly gain in two years.

December 29, 2020
BusinessLogisticsTCA

CSX Agrees to Buy New England’s Pan Am Railways

CSX Corp. has agreed to buy Pan Am Railways Inc., North America’s largest regional railroad based in New England, extending CSX’s reach in Connecticut, Massachusetts and New York and adding Maine, New Hampshire and Vermont to its 23-state network.

December 2, 2020
BusinessLogistics

CSX Reports Lower Q3 Net Income, Revenue

CSX Corp. reported a slip in third-quarter financial results due to the impact of the coronavirus pandemic on shipments.

October 22, 2020
GovernmentSafety

DOT Announces Funding Availability for Rail Crossing Projects

The U.S. Department of Transportation has made available $50 million in grant funding to commuter rail agencies that are conducting projects to improve safety at railway-highway crossings.

August 25, 2020
BusinessLogistics

Union Pacific Posts Profit, Revenue Declines in Q2

Class I railroad Union Pacific saw second-quarter income and revenue fall amid the coronavirus pandemic.

July 27, 2020