Railpace Hot News
Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.
July 23, 2020
Washington Metro to add more buses, more trains and extended hours as part of Covid-19 Recovery Plan beginning Sunday, August 16
Washington Metro will add more buses, more trains, and more hours of service beginning on Sunday, August 16, 2020, restoring most service to pre-Covid levels while maintaining a strong response posture to Covid-19.
July 23, 2020
MTA New York City Transit Restores Historic City Hall Subway Station Following Removal of Encampment
Less than 24 hours after the City’s removal of an encampment near City Hall, crews from MTA New York City Transit successfully completed power washing and restoration of the Brooklyn Bridge-City Hall subway station today, removing graffiti and debris and repairing or replacing damaged elements.
July 22, 2020
Weekly Rail Traffic for the Week Ending July 18, 2020
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 18, 2020. For this week, total U.S. weekly rail traffic was 481,597 carloads and intermodal units, down 8.5 percent compared with the same week last year. Total carloads for the week ending July 18 were 214,685 carloads, down 15.7 percent compared with the same week in 2019, while U.S. weekly intermodal volume was 266,912 containers and trailers, down 1.7 percent compared to 2019.
July 22, 2020
As U.S. Senate Considers Coronavirus Relief Bill, MTA Details $16 Billion Deficit Through 2024
The Metropolitan Transportation Authority (MTA) today released its preliminary 2021 budget and four-year financial plan, detailing a deficit of $16.2 billion by 2024. The MTA is projecting deficits of $3.2 billion for 2020 and $5.8 billion for 2021. As the pandemic subsides and riders return, the MTA projects that the deficit for 2022 will fall to $3.5 billion for 2022 before settling into a range of $1.8 billion to $2 billion for the following two years.
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.
