Railpace Hot News

Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.

Norfolk Southern Reports Fourth Quarter and Full Year 2024 Rresults

January 30, 2025

Norfolk Southern Reports Fourth Quarter and Full Year 2024 Rresults

Norfolk Southern Corporation announced Wednesday its fourth quarter and full-year 2024 financial results. For the quarter, revenue was $3.0 billion, income from railway operations was $1.1 billion, operating ratio was 62.6%, and diluted earnings per share were $3.23. For full-year 2024, revenue was $12.1 billion, income from railway operations was $4.1 billion, operating ratio was 66.4%, and diluted earnings per share were $11.57.

AAR Reports Weekly Rail Traffic for the Week Ending January 25, 2025

January 29, 2025

AAR Reports Weekly Rail Traffic for the Week Ending January 25, 2025

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 25, 2025.

Sean Duffy Sworn In as Secretary of U.S. Department of Transportation

January 29, 2025

Sean Duffy Sworn In as Secretary of U.S. Department of Transportation

Sean Duffy was officially sworn in as the 20th Secretary of the United States Department of Transportation (USDOT).

SEPTA Board Awards Contract for Next Generation of SEPTA Key

January 29, 2025

SEPTA Board Awards Contract for Next Generation of SEPTA Key

SEPTA  awarded a $211 million contract to Cubic Transportation Systems, Inc. for the design, installation, and operation of its new fare payment system, “SEPTA Key 2.0”.

CSX Introduces New Training Locomotive to Enhance First Responder Training

January 28, 2025

CSX Introduces New Training Locomotive to Enhance First Responder Training

CSX has unveiled a new addition to its Responder Incident Training (RIT) program—the training locomotive CSXT 911343. This specialized unit is designed to simulate real-world scenarios, offering first responders hands-on experience to prepare for potential railroad incidents.

MBTA Successfully Completes Installation of Positive Train Control / Automatic Train Control on All Commuter Rail Lines

January 28, 2025

MBTA Successfully Completes Installation of Positive Train Control / Automatic Train Control on All Commuter Rail Lines

The MBTA today announced the successful on-schedule completion of Automatic Train Control (ATC) implementation as part of Positive Train Control (PTC) on all northside Commuter Rail lines.

CSX Corp. Announces Fourth Quarter and Full Year 2024 Results

January 24, 2025

CSX Corp. Announces Fourth Quarter and Full Year 2024 Results

CSX Corp. today announced fourth quarter 2024 operating income of $1.11 billion compared to $1.32 billion in the prior year period. Net income was $733 million, or $0.38 per diluted share, compared to $882 million, or $0.45 per diluted share, in the same period last year. Results for the fourth quarter include a pre-tax, non-cash goodwill impairment charge of $108 million. Total volume of 1.58 million units for the quarter was 1% higher compared to fourth quarter 2023.

Berkheimer Foundation Grant Received

January 23, 2025

Berkheimer Foundation Grant Received

The Railroad & Industrial Preservation Society, Inc. is honored to announce receipt of a $5,000 grant from the Berkheimer Foundation of Pen Argyl, Pennsylvania to further the restoration of the last surviving diesel-electric locomotive from the Lehigh & New England Railroad (LNE), 77-year- old #611

AAR Reports Weekly Rail Traffic for the Week Ending January 18, 2025

January 23, 2025

AAR Reports Weekly Rail Traffic for the Week Ending January 18, 2025

The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending January 18, 2025. For this week, total U.S. weekly rail traffic was 500,160 carloads and intermodal units, up 25.9 percent compared with the same week last year.