Railpace Hot News

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

CSX Announces First Quarter 2022 Financial Results

April 20, 2022

CSX Announces First Quarter 2022 Financial Results

CSX Corp.  today announced first quarter 2022 net earnings of $859 million, or $0.39 per share, compared to $706 million, or $0.31 per share in the same period last year. First quarter 2022 operating income was $1.28 billion compared to $1.10 billion in the prior year period.

CSX Announces Advances on Future Wage Adjustments for Unionized Operations Employees

April 20, 2022

CSX Announces Advances on Future Wage Adjustments for Unionized Operations Employees

CSX Corp. announced it has reached a tentative agreement with the Sheet Metal, Air, Rail and Transportation Workers, Transportation Division (SMART-TD) to provide SMART-TD Trainmen and Yardmasters with monthly advance payments on future wage adjustments anticipated in settlement of the 2020 round of national bargaining between rail labor and the Class I railroads. CSX also notified its other labor organization representatives that it intends to reach agreements to provide identical payments to all unionized employees.

SEPTA Announces New Regional Rail Schedules

April 20, 2022

SEPTA Announces New Regional Rail Schedules

SEPTA is advising customers that some changes are being made to select Regional Rail schedules starting next week. These updates will impact the Airport, Chestnut Hill East, Chestnut Hill West, Trenton, Warminster, and West Trenton Lines.

Rail Traffic for the Week Ending April 16, 2022

April 20, 2022

Rail Traffic for the Week Ending April 16, 2022

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 16, 2022. .For this week, total U.S. weekly rail traffic was 489,801 carloads and intermodal units, down 8.1 percent compared with the same week last year.

Steamtown National Historic Site Announces 2022 Train Schedule

April 19, 2022

Steamtown National Historic Site Announces 2022 Train Schedule

Train rides are returning to Steamtown National Historic Site (NHS) beginning Saturday, May 14, 2022 and coinciding with National Train Day. The Steamtown rail experience varies from short 30-minute trips exploring the park’s historic railroad yard to full-day trips through the Poconos. Short train rides, the Scranton Limited and Caboose Experience, will begin on Saturday, May 14th. The first excursion trip of the season will take place on Saturday, May 28th to Jessup, PA allowing visitors to experience the annual Saint Ubaldo Day “Running of the Saints” (La Corsa dei Ceri).

Ontario Moving Forward with GO Rail Expansion

April 19, 2022

Ontario Moving Forward with GO Rail Expansion

The Ontario government has awarded a contract to modernize and transform the GO rail network and bring frequent, two-way, all-day service to the Greater Golden Horseshoe

Go Transit Coaches to be Overhauled on the Ontario Northland

April 19, 2022

Go Transit Coaches to be Overhauled on the Ontario Northland

The Ontario government is providing $109 million to refurbish 56 GO Transit bi-level rail coaches at the Ontario Northland Remanufacturing and Repair Centre in North Bay.

Masks No Longer Mandate on Public Transportation

April 18, 2022

Masks No Longer Mandate on Public Transportation

On April 18, US District Court Judge Kathryn Kimball Mizelle struck down the Biden administration’s mandate that had required face coverings/masks to be worn on all forms of public transportation.

Amtrak Introduces New Locomotive Paint Livery

April 18, 2022

Amtrak Introduces New Locomotive Paint Livery

The first Amtrak locomotive to carry a new paint scheme is traveling from California to Delaware, giving the public a glimpse of a new look as it makes its way to more Amtrak trains in the years to come.

CSX Receives Approval from Surface Transportation Board to Acquire Pan Am Railways

April 18, 2022

CSX Receives Approval from Surface Transportation Board to Acquire Pan Am Railways

CSX Corp.  announced that the Surface Transportation Board (STB) approved CSX’s application to acquire Pan Am Railways, Inc. (Pan Am). CSX will move forward with the acquisition with a planned closing date of June 1, 2022, at which time CSX will acquire control of Pan Am.