Railpace Hot News
Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.
March 29, 2021
SEPTA to Stop Accepting Paper Tickets on Regional Rail Effective April 2
With the SEPTA Key Card Travel Wallet available for Regional Rail, SEPTA will no longer accept paper tickets on Regional Rail trains or at the turnstiles at the Center City Regional Rail stations on Friday, April 2. SEPTA announced in October that the Authority would begin to phase out the use of paper tickets with the launch of the SEPTA Key Card Travel Wallet for Regional Rail in July 2020.
March 25, 2021
Western Maryland Scenic Railroad Planning for 2021
Due to COVID-19 we were forced to shutter operations and lay off much of our staff in March of 2020, resulting in a major loss of operating revenue. With limited paid staff and a small group of dedicated volunteers, we are making steady progress daily to reopen and completely reinvent the Western Maryland Scenic Railroad.
March 25, 2021
Amtrak Introduces Premium Dining Experience In The Metropolitan Lounge At The Moynihan Train Hall
Amtrak passengers now have access to complimentary premium food and beverage products in the Metropolitan Lounge at the Moynihan Train Hall in New York City in compliance with local safety guidelines.
March 24, 2021
Rail Traffic for the Week Ending March 20, 2021
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending March 20, 2021. Comparisons of the current week with the same week in 2020 are inflated because of the widespread economy-wide shutdowns — and subsequent large reduction in rail volumes — last year at this time. For this week, total U.S. weekly rail traffic was 513,325 carloads and intermodal units, up 11.6 percent compared with the same week last year.
March 24, 2021
Wabtec to Acquire Nordco
Wabtec Corporation announced it has signed a definitive agreement to acquire Nordco, a leading North American supplier of new, rebuilt and used maintenance of way equipment with a broad product and service portfolio including mobile railcar movers and ultrasonic rail flaw detection technologies, from Greenbriar Equity Group LP
March 23, 2021
Statement From STB Chairman Martin J. Oberman on Pending Railroad Mergers
The Surface Transportation Board has received a “notice of intent” regarding a proposed transaction that would place Canadian Pacific Railway Company and the Kansas City Southern Railway Company, both of which are Class I railroads, under common control. Under the Board’s statutes and regulations, this proposed transaction would be classified as “Major” and would be the first major transaction to seek Board approval in more than two decades.
March 23, 2021
MTA New York City Transit Made Significant Subway Speed Improvements During Pandemic
MTA New York City Transit today unveiled a series of encouraging updates about the success of its ongoing efforts to safely speed up trains throughout the system, including the installation of 919 new digital timers on grade time signals, 270 civil speed increases across the system over the past two years, and a reduction in time trains spend holding at station platforms.
March 22, 2021
CP’s Board amends contract with President and CEO, Keith Creel
Canadian Pacific Railway Limited’s Board of Directors and President and Chief Executive Officer Keith Creel have agreed on contract amendments to Mr. Creel’s incentive compensation that are intended to see him lead the Company until at least early 2026.
March 22, 2021
Piedmont Resumes Full Service from Raleigh to Charlotte
Passengers can soon take advantage of additional opportunities to travel as Amtrak and NC By Train restore the third daily Piedmont roundtrip for service between the vibrant commercial center of Charlotte and state capital of Raleigh. Tickets are now available to purchase for travel beginning on April 5.
March 21, 2021
Canadian Pacific and Kansas City Southern Agree to Combine to Create the First U.S.-Mexico-Canada Rail Network
Canadian Pacific Railway Limited(“CP”) and Kansas City Southern (“KCS”) today announced they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$29 billion1, which includes the assumption of $3.8 billion of outstanding KCS debt
