Railpace Hot News

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

CSX Corp. Announces First Quarter 2026 Results

April 24, 2026

CSX Corp. Announces First Quarter 2026 Results

CSX Corp. announced first quarter 2026 operating income of $1.25 billion and net earnings of $807 million, or $0.43 per diluted share. In the first quarter of 2025, the company reported operating income of $1.04 billion and net earnings of $646 million, or $0.34 per diluted share.

Trump’s Transportation Secretary Sean P. Duffy to Invest $1.1 Billion into Safety Infrastructure at Railroad Crossings

April 24, 2026

Trump’s Transportation Secretary Sean P. Duffy to Invest $1.1 Billion into Safety Infrastructure at Railroad Crossings

U.S. Transportation Department Secretary Sean P. Duffy today announced a $1.1 billion investment into improving safety infrastructure at railroad crossings to save American lives. Every year, more than 2,000 incidents and 300 fatalities occur at railroad crossings nationwide.

AAR Reports Weekly Rail Traffic for the Week Ending April 18, 2026

April 22, 2026

AAR Reports Weekly Rail Traffic for the Week Ending April 18, 2026

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 18, 2026.  For this week, total U.S. weekly rail traffic was 508,303 carloads and intermodal units, up 2.5 percent compared with the same week last year.

Amtrak Unveils Replica Liberty Bell at Philadelphia’s Gray 30th Street Station

April 22, 2026

Amtrak Unveils Replica Liberty Bell at Philadelphia’s Gray 30th Street Station

Amtrak unveiled a new replica Liberty Bell at William H. Gray III 30th Street Station in celebration of America’s 250th anniversary. Part of the Bells Across PA program and titled The Ringing Railroad, the train-inspired installation designed by Sean Martorana will remain on display at the station through the end of 2026.

Progress Rail Delivers EMD SD70ACe-Tier 4 Locomotives to Lake State Railway

April 22, 2026

Progress Rail Delivers EMD SD70ACe-Tier 4 Locomotives to Lake State Railway

Progress Rail, a Caterpillar company, has delivered four EMD® SD70ACe‑Tier 4 locomotives to Lake State Railway Company (LSRC), supporting the short-line railroad’s long-term fleet modernization strategy with improved efficiency and reliability.

First of 374 New Multilevel III Rail Cars Delivered to NJ TRANSIT

April 21, 2026

First of 374 New Multilevel III Rail Cars Delivered to NJ TRANSIT

New Jersey Governor Mikie Sherrill, Congressman Rob Menendez, Congresswoman Nellie Pou and NJ TRANSIT President & CEO Kris Kolluri showcased advancements made in modernizing NJ TRANSIT’s fleet of vehicles, highlighted by the arrival of the first of 374 next generation multilevel rail cars.

Trump’s Transportation Secretary Sean P. Duffy to Invest Nearly $5 Billion into Amtrak’s Northeast Rail Corridor, including New York Penn Station and Washington Union Station

April 21, 2026

Trump’s Transportation Secretary Sean P. Duffy to Invest Nearly $5 Billion into Amtrak’s Northeast Rail Corridor, including New York Penn Station and Washington Union Station

U.S. Transportation Department Secretary Sean P. Duffy announced a $4.7 billion investment into rail projects on Amtrak’s Northeast Corridor to enhance travel for American families. This funding will help revitalize our nation’s iconic rail hubs–including New York Penn Station and Washington Union Station–as a part of President Trump and Secretary Duffy’s commitment to usher in the Golden Age of American Rail.

VIA RAIL Invests $150 Million to Modernize Sleeper Cars:

April 17, 2026

VIA RAIL Invests $150 Million to Modernize Sleeper Cars:

VIA Rail Canada (VIA Rail) is investing $150 million in a major modernization program for its entire fleet of 56 Château and Manor sleeper cars over the next 5 years as part of its ongoing commitment to improving the passenger experience and strengthening Canada’s passenger rail system. 

AAR Reports Weekly Rail Traffic for the Week Ending April 11, 2026

April 16, 2026

AAR Reports Weekly Rail Traffic for the Week Ending April 11, 2026

The Association of American Railroads (AAR)  reported U.S. rail traffic for the week ending April 11, 2026. For this week, total U.S. weekly rail traffic was 500,040 carloads and intermodal units, up 1.7 percent compared with the same week last year.

OmniTRAX Acquires Arkansas Shortlines

April 15, 2026

OmniTRAX Acquires Arkansas Shortlines

OmniTRAX, The Broe Group’s rail and real estate affiliate, and one of North America’s fastest growing privately held rail management companies, has acquired Arkansas’s Dardanelle and Russellville Railroad, Ouachita Railroad, and Camden & Southern Railroad from local operators Danny Robbins, Michael Robbins, and Tim Robbins.