Railpace Hot News
Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.
November 1, 2022
Final Segment of WMATA Silver Line Opens November 15
Opening day is set for the Silver Line Extension – Tuesday, November 15 – connecting Metrorail customers to Washington Dulles International Airport and Loudoun County for the first time.
October 31, 2022
Glassboro-Camden Line Moves Forward
The Glassboro-Camden Line (GCL) Project Team has selected the infrastructure consulting firm, South Jersey Transit Partners (SJTP), to provide preliminary engineering and design (PED), project management, and professional services for the pre-construction phase of the light rail line.
October 28, 2022
Amtrak Begins Procurement for Construction of New Connecticut River Bridge
Amtrak announced today it will be entering into the procurement phase in early 2023 to select a contractor for the construction of a new Connecticut River Bridge, which will be delivered via design-bid-build delivery method.
October 27, 2022
Signalmen Vote Down National Agreement
Brotherhood of Railroad Signalmen President Michael Baldwin announced that the union’s members voted against ratification of the National Tentative Agreement reached on September 15. The BRS represents more than 6,000 members affected by the negotiations.
October 27, 2022
Union Pacific’s Donated Steam Engines and Other Historical Rail Equipment Will Embark on November Journey to New Home in Illinois
Union Pacific Railroad announced two steam engines that are among the last of their kind in existence, including the 1940s-era Challenger No. 3985, will travel from Wyoming to Illinois in November, with other pieces of vintage rail equipment.
October 27, 2022
CP Reports Third-Quarter Results
Canadian Pacific Railway Limited announced its third-quarter 2022 results, including revenues of $2.31 billion, reported operating ratio (“OR”) of 59.5 percent, adjusted OR1 of 58.7 percent, reported diluted earnings per share (“EPS”) of $0.96 and core adjusted diluted EPS1 of $1.01.
October 27, 2022
Rail Traffic for the Week Ending October 22, 2022
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending October 22, 2022. For this week, total U.S. weekly rail traffic was 505,322 carloads and intermodal units, down 1.1 percent compared with the same week last year. Total carloads for the week ending October 22 were 237,456 carloads, down 0.7 percent compared with the same week in 2021, while U.S. weekly intermodal volume was 267,866 containers and trailers, down 1.4 percent compared to 2021.
October 26, 2022
Washington Metro Returns More Trains To Service
Washington Metro has announced that it will gradually return all 7000-series railcars to passenger service,
October 26, 2022
CN’s Third Quarter Results Reflect Strong Top-Line Growth and Renewed Focus on Scheduled Operation
CN reported its financial and operating results for the third quarter ended September 30, 2022. Diluted earnings per share (EPS) of C$2.13 increased by 40% on an adjusted basis, which represents a quarterly record.
October 26, 2022
Norfolk Southern Reports Third Quarter 2022 Financial Results
Norfolk Southern Corporation today announced third quarter 2022 financial results which included records for railway operating revenues, income from railway operations, net income, and diluted earnings per share. Third quarter railway operating revenue was $3.3 billion, income from railway operations was $1.3 billion, net income was $958 million, and diluted earnings per share were $4.10.
