Railpace Hot News
Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.
August 4, 2025
New York Governor Hochul Announces Interborough Express Advancing from Planning to Active Phase
New York Governor Hochul, on August 1st, announced that the engineering and design phase of the Interborough Express (IBX) has commenced, the next step in the development of the transformative transit project.
August 1, 2025
Transportation Secretary Sean P. Duffy Cancels $26 Million in Funds for DC-Baltimore MagLev
U.S. Department of Transportation Secretary Sean P. Duffy today announced that the Federal Railroad Administration (FRA) will cancel two grants totaling over $26 million for the Baltimore-Washington Superconducting Magnetic Levitation (SCMAGLEV) Project.
July 31, 2025
AAR Reports Weekly Rail Traffic for the Week Ending July 26, 2025
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 26, 2025. For this week, total U.S. weekly rail traffic was 514,279 carloads and intermodal units, up 1.1 percent compared with the same week last year.
July 30, 2025
Pennsylvania Historical & Museum Commission and Department of General Services Break Ground on New Roundhouse at Railroad Museum of Pennsylvania
On July 29th, the Pennsylvania Historical & Museum Commission (PHMC) and the Commonwealth of Pennsylvania Department of General Services (DGS) held a groundbreaking ceremony to officially kick off construction of the new 16,000-square-foot, six-stall roundhouse at the Railroad Museum of Pennsylvania. This significant project marks a major step forward in preserving the state’s rich railroad heritage.
July 29, 2025
Union Pacific and Norfolk Southern to Create America’s First Transcontinental Railroad
Union Pacific Corporation and Norfolk Southern Corporation today announced an agreement to create America’s first transcontinental railroad. These legendary companies will seamlessly connect over 50,000 route miles across 43 states from the East Coast to the West Coast, linking approximately 100 ports and nearly every corner of North America. This combination will transform the U.S. supply chain, unleash the industrial strength of American manufacturing, and create new sources of economic growth and workforce opportunity that preserves union jobs.
July 29, 2025
Norfolk Southern Reports Second Quarter 2025 Results
Norfolk Southern Corporation announced Tuesday its second quarter 2025 financial results. For the quarter, revenue was $3.1 billion, income from railway operations was $1.2 billion, operating ratio was 62.2%, and diluted earnings per share were $3.41. Recoveries related to the Eastern Ohio incident exceeded incremental costs in the quarter.
July 28, 2025
Reading & Northern Railroad Passenger Department Celebrates 40th Anniversary
The Reading & Northern Railroad Passenger Department celebrated a momentous milestone on Sunday, July 13, 2025, its 40th anniversary. Four decades have passed since the inaugural passenger train operated over the original 13-mile Blue Mountain & Reading Railroad from Temple to Hamburg, PA. Today, the Passenger Department is busy as ever, overseeing multiple trains every week for most of the year.
July 24, 2025
CSX Corp. Announces Second Quarter 2025 Results
CSX Corp. announced second quarter 2025 operating income of $1.28 billion compared to $1.45 billion in the prior year period. Net income was $829 million, or $0.44 per diluted share, compared to $963 million, or $0.49 per diluted share, in the same period last year. Total volume of 1.58 million units for the quarter was flat compared to second quarter 2024 and up 4% sequentially.
July 24, 2025
Norfolk Southern and Union Pacific Discussing Possible Merger
Norfolk Southern Corporation and Union Pacific Corporation confirmed today that the companies are engaged in advanced discussions regarding a potential business combination.
July 24, 2025
AAR Reports Weekly Rail Traffic for the Week Ending July 12, 2025
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending July 12, 2025. For this week, total U.S. weekly rail traffic was 496,188 carloads and intermodal units, up 2.6 percent compared with the same week last year.
