Railpace Hot News
Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.
July 26, 2021
Norfolk Southern aims to reduce greenhouse gas emissions intensity 42% by 2034
Norfolk Southern Corporation today announced its science-based target to achieve a 42% reduction in scope 1 and 2 greenhouse gas emissions intensity by 2034 from a 2019 base year. This commitment is another step in the company’s ongoing journey to build a more sustainable future.
July 22, 2021
CSX Announces Second Quarter EPS of $0.52, Including $0.12 Benefit from Sale of Property Rights to the Commonwealth of Virginia
CSX Corp. announced second quarter 2021 net earnings of $1,173 million, or $0.52 per share, compared to $499 million, or $0.22 per share in the same period last year. Second quarter 2021 operating ratio was 43.4% compared to 63.3% in the prior year period.
July 22, 2021
Historic Nickel Plate Railroad Locomotives to Reunite in Bellevue, Ohio
The Fort Wayne Railroad Historical Society and the Mad River & NKP Railroad Museum are have announced Berkshires in Bellevue, a special series of events from September 24th through October 3rd featuring the reunion of historic 1940’s steam locomotives no. 765 and no. 757.
July 22, 2021
Federal Funding Provides MTA with Financial Stability Through First Half of 2024; No Fare Increase in 2021
The Metropolitan Transportation Authority (MTA) announced that Federal funding will provide the Authority with financial stability through the first half of 2024. The MTA is expected to receive $10.5 billion in Federal funding from December 2020’s Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) and the American Rescue Plan Act (ARPA) passed in March 2021. As a result, the Authority will not have to take immediate action on cost-cutting measures such as right-sizing of service and wage freezes. The MTA will also forgo a fare increase in 2021.
July 21, 2021
Rail Traffic for the Week Ending July 17, 2021
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 17, 2021. For this week, total U.S. weekly rail traffic was 513,255 carloads and intermodal units, up 6.6 percent compared with the same week last year. Total carloads for the week ending July 17 were 235,303 carloads, up 9.7 percent compared with the same week in 2020, while U.S. weekly intermodal volume was 277,952 containers and trailers, up 4.1 percent compared to 2020.
July 19, 2021
Metro-North Railroad Announces Resumption of Ferry Service
MTA Metro-North Railroad President Catherine Rinaldi today announced the Haverstraw-Ossining and Newburgh-Beacon ferry services will resume on Monday, August 30. The changes will coincide with Metro-North’s upcoming service increase, to take effect with the August 29 timetables, which will increase train service to 83% of pre-pandemic levels.
July 16, 2021
Washington Metrorail Extends Service
Metro will expand train service to midnight, seven days a week starting Sunday, July 18. The extended operating hours are the first in a package of service improvements passed by Metro’s Board of Directors in June that will add more all-day rail service, create high-frequency bus routes and improve service across the region.
July 15, 2021
The Government of Canada is taking the first steps in preparing for the procurement process to build a new train service in the Toronto to Quebec City Corridor
The Government of Canada is committed to modernizing intercity passenger rail services in a way that will best meet the transportation needs of travellers, while also creating jobs and economic growth. The Minister of Transport, the Honourable Omar Alghabra, the Parliamentary Secretary to the Minister of Families, Children and Social Development (Housing) and Member of Parliament for Spadina–Fort York, Adam Vaughan, and the Mayor of the City of Toronto, John Tory announced the Government of Canada is taking the first steps in preparing for the procurement process to build a new train service in the Toronto to Quebec City Corridor.
July 15, 2021
SEPTA Station Cleaning Blitz Continues This Weekend
Following several successful station cleaning blitzes in recent months, SEPTA will continue the initiative this weekend (July 16, 17, 18) at the Lombard-South Station on the Broad Street Line. Lombard-South Station will close at 8 p.m. on Friday, Saturday and Sunday, and reopen everyday at 5 a.m.
July 14, 2021
Rail Traffic for the Week Ending July 10, 2021
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 10, 2021. For this week, total U.S. weekly rail traffic was 451,825 carloads and intermodal units, up 0.6 percent compared with the same week last year.
