Railpace Hot News
Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.
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.
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.
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).
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”.
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.
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.
January 27, 2025
Hudson River Rail Excursions Temporary Hiatus
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.
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
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.










