January 26, 2024

Norfolk Southern Reports Fourth Quarter and Full-Year 2023 Results

Norfolk Southern Corporation announced Friday its fourth quarter and full-year 2023 financial results. For the quarter, income from railway operations was $808 million and diluted earnings per share were $2.32. These fourth quarter results include a $150 million charge associated with the incident in Eastern Ohio inclusive of $76 million in insurance recoveries.

January 26, 2024

NJ Transit Reallocates Federal Funding to Support Critical Resiliency Projects

NJ TRANSIT, with the approval of the Federal Transit Administration (FTA), is redirecting $503 million dollars in federal grant funding to support vital resiliency infrastructure improvements at Hoboken Terminal, County Yard in New Brunswick, and the Raritan River Bridge. This funding, which includes the 25% local share, was originally allocated to NJ TRANSIT’s TransitGrid Microgrid Central Facility (MCF) in Kearny.

January 26, 2024

MBTA Proposes Low-Income Fare Program

The MBTA announced several fare change proposals that aim to improve equity, increase ridership, and simplify fare rules, including the introduction of a reduced fare program for riders with low income, which would provide discounted fares to make public transportation affordable for those who need it most.

January 25, 2024

Norfolk Southern Doubles Community Impact in 2023

Norfolk Southern Corporation donated $18.2 million across its 22-state network in 2023. That is double the contributions made in the prior year, benefitting communities, first responders, and safety initiatives. The year was one of growth for Norfolk Southern’s Corporate Giving initiative, including the launch of new grant programs.

January 25, 2024

CSX Corp. Announces Fourth Quarter and Full Year 2023 Results

January 25, 2024

Weekly Rail Traffic for the Week Ending January 20, 2024

The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending January 20, 2024. For this week, total U.S. weekly rail traffic was 397,553 carloads and intermodal units, down 13.2 percent compared with the same week last year.

January 24, 2024

BLET members ratify CSXT-Springfield Terminal implementing agreement

On January 15, a majority of members from BLET Divisions 72 and 191 ratified an implementing agreement regarding CSX Transportation’s acquisition of the Springfield Terminal Railway (a Pan Am Railway affiliate).

January 24, 2024

Empire Diversified Energy announces Empire River Rail

Empire Diversified Energy has announced the establishment of Empire River Rail at The Port of West Virginia. This strategic initiative marks a significant milestone for furthering the development of The Port of West Virginia as a full-service tri-modal facility.

January 23, 2024

New York Governor Hochul Announces Award of $182 Million Utility Relocation Contract for Second Avenue Subway Phase 2 Project

New York Governor Kathy Hochul announced that the Metropolitan Transportation Authority has awarded the first construction contract for the extension of the Second Avenue Subway from 96 Street to 125 Street in Harlem to C.A.C. Industries, Inc. a family-owned heavy civil contractor based in New York City, specializing in infrastructure projects. The initial $182 million award is for the first component of the Second Avenue Subway Phase 2 project, which will finally deliver subway service to residents of East Harlem, one of the most transit-dependent neighborhoods in New York City.

January 22, 2024

MTA Installs Platform Barriers at 191 St 1 Line Station

The Metropolitan Transportation Authority (MTA) today announced that MTA New York City Transit has installed barriers at the edge of the platform at the 191 St ​ 1 Line Station as part of a platform safety pilot program. The 191 St Station is the first of four stations (West 8 St-NY Aquarium F/Q Line ​​Station, Clark St ​​2/3 Line Station, and a fourth station that is to be determined) to install these barriers. New York City Transit will study this program to determine if the concept could be scaled up.