Railpace Hot News
Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.
April 21, 2023
CSX Corp. Announces First Quarter 2023 Results
CSX Corp. announced first quarter 2023 operating income of $1.46 billion compared to $1.28 billion in the prior year period. Net earnings of $987 million, or $0.48 per share, compared to $859 million, or $0.39 per share, in the same period last year.
April 20, 2023
Reading & Northern to Kick Off 2023 Passenger Train Excursions from Reading Outer Station
The Reading & Northern Railroad is set to begin another busy season of all-day passenger excursions from its Reading Outer Station, located at 3501 Pottsville Pike, Reading, PA 19605. While rail excursions will operate to Jim Thorpe, there will also be alternative excursions to Pottsville
April 20, 2023
Weekly Rail Traffic for the Week Ending April 15, 2023
The Association of American Railroads (AAR)reported U.S. rail traffic for the week ending April 15, 2023. For this week, total U.S. weekly rail traffic was 468,197 carloads and intermodal units, down 4.4 percent compared with the same week last year.
April 20, 2023
MTA Announces Record Pandemic-Era Ridership on Metro-North Railroad
The Metropolitan Transportation Authority (MTA) announced Metro-North Railroad reached record pandemic-era ridership yesterday, April 18, with 194,549 riders, or 74% of the pre-pandemic average.
April 19, 2023
INDIANA RAIL EXCURSIONS RETURN THIS YEAR
Following a successful season of memorable events and recent recognition as Indiana’s “Best New Experience” from the Indiana Tourism Association, a 1940s-era railroad attraction has expanded its calendar of excursions in Northeast Indiana, Southeast Michigan, and Northwest Ohio for 2023. Operated by the Fort Wayne Railroad Historical Society and the Indiana Northeastern Railroad Company, the Indiana Rail Experience has events planned between May and December, including steam-powered fall color tours, Christmas train rides, and a hands-on Indiana Rail Camp for young adults and railroad fans
April 19, 2023
FTA Announces More than $14 Billion in Federal Funding to Support Public Transportation Across the U.S.
As part of its annual support to transit systems nationwide, the Federal Transit Administration (FTA) =published details about the formula funding that helps communities maintain and operate the trains, buses, and ferries that provide more than half a million transit trips every month. This year, a total of $14 billion is being invested in states and transit agencies to help improve public transportation, meeting local goals such as upgrading stations and tracks, transitioning to next-generation buses, planning and designing new transit corridors, and providing specialized service for seniors and riders with disabilities.
April 19, 2023
Governor Hochul Announces Long Island Rail Road Surpasses One Million Customers at Grand Central Madison
New York Governor Kathy Hochul announced that the Long Island Rail Road has surpassed one million paying customers traveling in or out of Grand Central Madison Terminal, which opened with full service on February 27. The milestone was surpassed on Friday, April 7. In addition, the LIRR announced several pandemic-era ridership records achieved since Grand Central Madison opened for full service.
April 18, 2023
MBTA Completes Purchase of Widett Circle to Improve Critical Rail Efficiency
The Massachusetts Bay Transportation Authority (MBTA) announced it has completed the purchase of Widett Circle, a key component in a larger strategy to improve Commuter Rail service and to better meet the transportation needs of the Commonwealth of Massachusetts. Widett Circle consists of 24 acres and is located one mile from South Station and adjacent to existing MBTA Commuter Rail facilities
April 17, 2023
Amtrak Kicks Off Procurement for East River Tunnel Renewal
Amtrak has launched the procurement phase of the East River Tunnel Rehabilitation Project with a Request for Qualifications (RFQ) for construction services for the comprehensive renewal of two of the four tubes in the tunnel. The work will modernize the tunnel infrastructure, improving safety, service capacity, reliability, and security and bring the systems to a state of good repair used by Amtrak, NJ TRANSIT and Long Island Rail Road. Preparatory work is already underway in Sunnyside Yard with major construction starting in early 2024 and continuing through 2027.
April 14, 2023
Canadian Pacific and Kansas City Southern Combine to Create CPKC
Canadian Pacific (“CP”) and Kansas City Southern (“KCS”) today combined to create Canadian Pacific Kansas City, as authorized by the U.S. Surface Transportation Board’s (“STB”) March 15, 2023 final decision, creating the first single-line railway connecting Canada, the U.S., and Mexico.
