Railpace Hot News
Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.
July 21, 2020
CP increases dividend by 15 percent, on strength of precision scheduled railroading operating model
The Board of Directors of Canadian Pacific Railway Limited today declared a quarterly dividend of $0.95 per share on the outstanding Common Shares, an increase of approximately 15 percent to the previous dividend of $0.83 per share.
July 21, 2020
Reading & Northern Expands Coal Marketing Department
Reading and Northern Railroad (RBMN), known as the “Road
of Anthracite”, announced an addition to its Coal Marketing department. Effective July 20,
2020, Karl Laubenstine is joining the team as VP – Coal Marketing & Sales. In his new position,
Karl will be reporting to Bill Clark, Senior VP Coal Marketing.
July 21, 2020
Amtrak Push Notification App Offers Safer Travel at Penn Station New York
To simplify and safeguard the travel experience, Amtrak wants to assure New York Penn Station (NYP) passengers of its New Standard of Travel and strengthened commitment to safety by providing boarding information through push notification via the Amtrak app.
July 21, 2020
VRE to Add Daily Roundtrip Train on Fredericksburg Line
To better support social distancing on platforms and trains, the Virginia Railway Express (VRE) will add a round trip to its Fredericksburg Line schedule effective Monday, July 27.
July 17, 2020
Age of Steam Acquires Reading Camelback
The Age of Steam Roundhouse Museum in Sugar Creek, Ohio, is happy to announce that it was the high bidder for an unusual “Camelback” steam locomotive in a sealed-bid auction held on July 15, 2020, at the Strasburg Railroad in Pennsylvania.
July 16, 2020
Coalition of National Public Transportation Agencies Call on Congress to Deliver Up to $36 Billion in Federal Aid at Virtual Rally as U.S. Senate Considers COVID-19 Package
On July 14 the New York Metropolitan Transportation Authority (MTA) held a virtual rally with various mass transit agencies to call on Congress to urgently deliver up to $36 billion in federal aid to public transportation systems nationwide as the U.S. Senate returns to Washington to debate the next coronavirus relief package.
July 15, 2020
Weekly Rail Traffic for the Week Ending July 11, 2020
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 11, 2020. For this week, total U.S. weekly rail traffic was 449,092 carloads and intermodal units, down 14.9 percent compared with the same week last year.
July 15, 2020
NJ Transit To Purchase Eight Additional Dual-Powered Locomotive:
The NJ TRANSIT Board of Directors today approved the purchase of eight additional ALP-45A dual-powered locomotives manufactured by Bombardier Transit Corporation for a cost of approximately $70.5 million.
July 15, 2020
Amtrak Releases FY2019 Sustainability Report
Amtrak released its FY2019 Sustainability Report that showcases company performance against year-over-year sustainability goals and highlights sustainability projects across Amtrak’s regions and operations. In FY19, Amtrak achieved all energy, fuel, recycling and emissions targets with the support of more than 18,000 employees.
July 14, 2020
Governor Murphy Signs Executive Order Lifting 50 Percent Capacity Limits on NJ TRANSIT and Private-Carrier Vehicles
Governor Phil Murphy signed Executive Order No. 165, which lifts 50 percent capacity limits on NJ TRANSIT and private-carrier buses, trains, light rail vehicles and Access Link vehicles, and now requires that NJ TRANSIT and private-carriers limit vehicles to the maximum seated capacity, effective at 8:00 p.m. on Wednesday, July 15.
