Railpace Hot News
Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.
August 10, 2021
Canadian Pacific Submits Superior Proposal to Combine with Kansas City Southern
Canadian Pacific Railway Limited (“CP”) today announced it has submitted a superior proposal to acquire Kansas City Southern (“KCS”) in a stock and cash transaction representing an enterprise value of approximately USD$31 billion[1], offering KCS stockholders an alternative recognizing the premium value of KCS while providing more regulatory certainty.
August 9, 2021
Wabtec Celebrates the 1,000th Modernized Locomotive in the Americas
Wabtec celebrated its 1,000th locomotive modernization in North and South America. The milestone delivery to Norfolk Southern highlights the commercial and environmental success of Wabtec’s modernization program.
August 9, 2021
STB Institutes A Proceeding on Amtrak’s Application For an Order Allowing Operations Over CSXT and NSR Lines Along the Gulf Coast
The Surface Transportation Board has instituted a proceeding on the application filed by the National Passenger Railroad Corporation (Amtrak) under 49 U.S.C. § 24308(e), which seeks an STB order requiring CSX Transportation, Inc. (CSXT), and Norfolk Southern Railway Company (NSR) to allow Amtrak to operate additional intercity passenger trains over their lines along the Gulf Coast between New Orleans, La., and Mobile, Ala.
August 6, 2021
U.S. Department of Transportation Announces $5 Million Award to Launch New National Transit Workforce Center
The U.S. Department of Transportation’s Federal Transit Administration (FTA) announced the award of a cooperative agreement totaling $5 million to the International Transportation Learning Center (ITLC) to support the first Transit Workforce Center (TWC).
August 6, 2021
MTA Announces Major Promotions in Leadership Ranks at New York City Transit
Acting MTA Chairman and CEO Janno Lieber had announced his intention to appoint Craig Cipriano as the next Interim President of New York City Transit. Additionally, current Interim President Sarah Feinberg has promoted Demetrius Crichlow to serve as Senior Vice President of NYCT’s Department of Subways.
August 5, 2021
Amtrak Debuts Upgraded Menu Options In Acela First Class
Customers riding in First-class onboard Amtrak Acela trains traveling on the Northeast Corridor can now enjoy a refreshed food and beverage menu along with a top-quality dining experience, featuring a return to traditional and sustainable serviceware.
August 4, 2021
Rail Traffic for July and the Week Ending July 31, 2021
U.S. railroads originated 904,670 carloads in July 2021, up 6.6 percent, or 55,969 carloads, from July 2020. U.S. railroads also originated 1,066,169 containers and trailers in July 2021, up 1.5 percent, or 15,450 units, from the same month last year. Combined U.S. carload and intermodal originations in July 2021 were 1,970,839, up 3.8 percent, or 71,419 carloads and intermodal units from July 2020.
August 4, 2021
Washington Metro Announces Potomac Yard Metrorail Station Opening Delay
Metro announced a delay of at least five months to complete construction of the Potomac Yard Metrorail Station. Prior to the announcement, Metro notified the City of Alexandria of the delay.
August 4, 2021
SEPTA Transit Police Launch New YouTube Channel
SEPTA Transit launched a new YouTube channel for the release of surveillance video to the public in an effort to quickly identify suspects of crimes on the system.
August 3, 2021
Kentucky Steam Receives $20,000 ARP Grant Through Kentucky Humanities
Kentucky Steam Heritage Corporation has been named as a recipient of COVID-19 pandemic relief funding from the nonprofit organization Kentucky Humanities, an affiliate of the National Endowment for the Humanities (NEH).
