Railpace Hot News

Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.

Norfolk Southern Reports Preliminary First Quarter 2024 Results

April 9, 2024

Norfolk Southern Reports Preliminary First Quarter 2024 Results

Norfolk Southern Corporation announced Tuesday preliminary first quarter 2024 financial results.

Norfolk Southern Reaches Agreement in Principle to Settle East Palestine Derailment Class Action

April 9, 2024

Norfolk Southern Reaches Agreement in Principle to Settle East Palestine Derailment Class Action

Norfolk Southern Corporation announced Tuesday that it has reached a $600 million agreement in principle to resolve a consolidated class action lawsuit relating to the East Palestine derailment. If approved by the court, the agreement will resolve all class action claims within a 20-mile radius from the derailment and, for those residents who choose to participate, personal injury claims within a 10-mile radius from the derailment.

Norfolk Southern Announces New Initiatives to Drive Further Productivity and Accountability

April 8, 2024

Norfolk Southern Announces New Initiatives to Drive Further Productivity and Accountability

Norfolk Southern Corporation provided an update Thursday on its plan to accelerate progress on its strategy and deliver long-term shareholder value.

Amtrak Selects Construction Contractor for Wilmington Unified Operations Center

April 5, 2024

Amtrak Selects Construction Contractor for Wilmington Unified Operations Center

Amtrak recently selected locally-based Wohlsen Construction Company as the awardee for the Unified Operations Center (UOC) Facility Project in Wilmington, Del. The award follows a competitive procurement that began in August 2023.

FRA Makes More Than $2.4 Billion in CRISI Grant Funding Available to Improve America’s Freight and Intercity Passenger Rail Network

April 4, 2024

FRA Makes More Than $2.4 Billion in CRISI Grant Funding Available to Improve America’s Freight and Intercity Passenger Rail Network

The U.S. Department of Transportation’s Federal Railroad Administration (FRA)ssued a Notice of Funding Opportunity (NOFO) that makes available over $2.4 billion in Consolidated Rail Infrastructure and Safety Improvements (CRISI) Program funding. CRISI grants advance projects that modernize America’s freight and intercity passenger rail infrastructure, allowing people and goods to move with greater safety, efficiency, and reliability.

Reading & Northern Offering More Passenger Excursions from Reading Outer Station

April 3, 2024

Reading & Northern Offering More Passenger Excursions from Reading Outer Station

While the Reading & Northern’s signature passenger routes may lead to Jim Thorpe, PA, 2024 will present several different options both old and new.

Nostalgia Train to Yankees Opening Day

April 3, 2024

Nostalgia Train to Yankees Opening Day

The New York Transit Museum offers fans a once-in-a-season way to show off their pinstripe pride and ride to Yankee Stadium in style, aboard a 1917 IRT Lo-V train and the Train of Many Colors nostalgia train

Weekly Rail Traffic for March and the Week Ending March 30, 2024

April 3, 2024

Weekly Rail Traffic for March and the Week Ending March 30, 2024

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending March 30, 2024, as well as volumes for March 2024.

Train Crew Staffing Final Rule

April 2, 2024

Train Crew Staffing Final Rule

Today, as part of the Biden-Harris Administration’s ongoing efforts to strengthen rail safety and hold railroads accountable, Secretary Pete Buttigieg announced that the U.S. Department of Transportation’s Federal Railroad Administration (FRA) has issued a final rule establishing minimum safety requirements for the size of train crews. The new rule enhances safety in the rail industry by generally requiring and emphasizing the importance and necessity of a second crewmember on all trains.

Norfolk Southern to Purchase Chicago Transload and Warehouse Facility

April 2, 2024

Norfolk Southern to Purchase Chicago Transload and Warehouse Facility

Norfolk Southern Corporation announced Tuesday the purchase of the Great Lakes Reload (GLR) property, a direct rail and truck-served transload and warehouse facility located in Chicago.