Railpace Hot News
Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.
July 28, 2022
Rail Traffic for the Week Ending July 23, 2022
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending July 23, 2022. For this week, total U.S. weekly rail traffic was 498,901 carloads and intermodal units, down 0.8 percent compared with the same week last year.
Total carloads for the week ending July 23 were 232,565 carloads, up 1.1 percent compared with the same week in 2021, while U.S. weekly intermodal volume was 266,336 containers and trailers, down 2.5 percent compared to 2021.
July 27, 2022
FRA Issues Proposed Rule to Enhance Train Safety, Codify Train Crew Size Requirements
To enhance safety, the U.S. Department of Transportation’s Federal Railroad Administration (FRA) today announced a proposed rule requiring a minimum of two train crewmembers for over-the-road railroad operations, with some exceptions for certain low risk operations and circumstances where mitigating measures are in place to protect railroad employees, the public, and the environment.
July 27, 2022
CN Reports Second Quarter Results
CN today reported its financial and operating results for the second quarter ended June 30, 2022. Financial performance improved year-over-year with record adjusted diluted earnings per share (EPS) of C$1.93, up 30%. (1) For the same period, the Company reported diluted EPS up 32% to C$1.92. CN also delivered solid operational performance with improvements in key operating metrics such as origin train performance, car velocity, through dwell and record fuel efficiency, resulting in a lower operating ratio.
July 27, 2022
Norfolk Southern Reports Second Quarter 2022 Results
Norfolk Southern Corporation today announced second quarter 2022 financial results which included quarterly records for railway operating revenues, income from railway operations, and diluted earnings per share. Second quarter railway operating revenue was $3.3 billion, income from railway operations was $1.3 billion, net income was $819 million, and diluted earnings per share was $3.45.
July 27, 2022
MTA Announces Universal Subway Wireless Connectivity Plan
The Metropolitan Transportation Authority (MTA) today announced a public-private partnership to provide cell coverage throughout all 418 track miles of subway tunnels, along with an expansion of Wi-Fi service to all 191 above-ground subway and 21 Staten Island Railway stations. Transit customers currently enjoy cellular and Wi-Fi service at all 281 underground subway stations through Transit Wireless, a BAI Communications Company. A proposed expansion would transform the subway system into a fully digitally connected transit network that gives riders the ability to use their mobile devices throughout the entire subway system.
July 26, 2022
Biden Administration Announces Bipartisan Infrastructure Law Funding to Make Public Transportation Rail Stations Accessible for All
Thanks to President Biden’s Bipartisan Infrastructure Law, the Federal Transit Administration (FTA) announced today it will provide $1.75 billion to make it easier for people to get on board at the nation’s oldest rail public transportation systems, including $343 million in a notice of funding availability now.
July 26, 2022
MTA Moving Forward with Capital Projects
Metropolitan Transportation Authority (MTA) officials detailed an update to the Authority’s 2020-24 Capital Program that adjusts mass transportation needs for a post-COVID world. In a presentation to the MTA Board’s Capital Program Committee, MTA Construction & Development President Jamie Torres-Springer put forward a proposed capital program amendment that allows the MTA to move projects along at a faster pace, offers support for megaproject expansions and rebalances priorities while accounting for the pandemic’s impact on external factors such as inflation, supply chain and labor market issues.
July 25, 2022
LIRR Announces Service Changes as Crews Prepare to Incorporate Third Track to Main Line
Metropolitan Transportation Authority (MTA) Long Island Rail Road (LIRR) announced eastbound service between New Hyde Park and Westbury will experience changes in August and September as crews begin incorporating the newly built third track to the LIRR Main Line by demolishing temporary platforms and completing track and signal systems work and testing.
July 22, 2022
Brightline Welcomes New Trainsets
Brightline, the only provider of modern, eco-friendly intercity rail welcomes two more trains to Orlando, “Bright Green 2” and “Bright Pink 2.” Brightline’s two trains arrived together at Brightline’s Vehicle Maintenance Facility located south of Orlando International Airport, adding to the fleet of trains that will carry passengers between Orlando and South Florida.
July 21, 2022
NJ Transit Adopts Fiscal Year 2023 Operating Budget
The NJ TRANSIT Board of Directors today adopted the Fiscal Year 2023 (FY 2023) operating budget and updated capital plan that supports continued investments in personnel, infrastructure, and equipment to maintain the system in a state-of-good-repair and enhance the overall customer experience.
