Railway Age is a monthly magazine circulated at the management levels of North American freight and passenger railroads. Published since 1856, it is the transport industry’s oldest trade magazine. Emphasis is placed on technology, operations, strategic planning, marketing, and other issues such as legislative and labor/management developments.
AECOM is Employer of the Year, says WTS. https://www.railwayage.com/freight/aecom-named-employer-of-the-year/
Global infrastructure service firm AECOM recently announced that it has been named the 2019 Employer of the Year by the Chicago chapter of the Women Transportation Seminar (WTS).
Dr. Gary Fry of #TTCI joins @RailwayAge #RailInsights19 to discuss Railway R&D, the Leading Edge. To register, visit: railwayage.com/insights/
After an absence of more than eight months, the Atlantic City Rail Line and "Dinky" trains are running again. https://www.railwayage.com/passenger/commuterregional/a-c-dinky-trains-return-riders-further-north-continue-to-wait/
After an absence of more than eight months, trains are finally running again on New Jersey Transit's (NJT) Atlantic City Rail Line (ACRL) between that city and Philadelphia, and on the “Dinky” from Princeton Junction toward Princeton.
"These stories are being replicated in state after state across the country. They are stories that demonstrate the creative spirit and problem-solving mindset of railroad entrepreneurs." https://www.railwayage.com/freight/railroad-day-2019-cooperation-and-problem-solving/
On May 8 more than 400 representatives from the railroad industry participated in 350 Congressional meetings as part of our annual Railroad Day on Capitol Hill.
It's Amtrak vs. Norfolk Southern in a "Twittersphere disparagement" for the ages. https://www.railwayage.com/passenger/amtrak-freedom-from-responsibility-is-illusory/
THE FINANCIAL EDGE, MAY 2019 – In a recent TED talk, Twitter CEO Jack Dorsey suggested that, in an attempt to combat abusive speech and harassment, Twitter would consider moving from threads written by individuals to topic threads. Dorsey suggested these interest networks would be easier to monito...
Join Michael Sussman, President, Strategic Rail Finance, at #RailInsights19 on June 5 & 6 in Chicago. View the whole agenda at railwayage.com/insights
Join Patrick Ottensmeyer, President and CEO, #KansasCitySouthern at #RailInsights19 on June 5 & 6 in Chicago. View the whole agenda at railwayage.com/insights
From the editor: https://www.railwayage.com/freight/class-i/requiem-for-a-heavyweight/
FROM THE EDITOR, MAY 2019 - By the time you read this, the largest steam locomotive ever built will have thundered her way from Union Pacific’s Steam Shop in Cheyenne, Wyo., to Ogden, Utah, to take part in ceremonies marking the 150th anniversary of the Golden Spike, which completed the nation’s...
AAR with some good news on rail traffic! https://www.railwayage.com/freight/class-i/aar-rail-traffic-showing-signs-of-life/
In another possible sign that rail traffic is on the rise, total carloads and North American rail volume were slightly up, some international intermodal volume saw rises and four of the 10 carload commodity groups notched year-over-year increases, according to figures released by the Association of....
Our May '19 cover story: https://www.railwayage.com/freight/class-i/union-pacific-golden-at-150/
COVER STORY, MAY 2019 - Railway Age antecedent American Railway Times, May 15, 1869: “On May 10, the last rail connecting the tracks of the Union and the Central Pacific Railroads was spiked in place, thus giving a continuous railway line across the continent. The blows of the hammer driving home ...
Ron Lindsey of Strategic Railroading LLC joins #RailInsights19 to discuss: Technology Is Expanding, but Where Are the Technologists? For more info, visit: www.railwayage.com/insights
Just a friendly reminder: https://www.railwayage.com/regulatory/railroad-day-on-capitol-hill-tomorrow/
Tomorrow, Wednesday, May 8, railroad industry professionals from across the country will gather to participate in Railroad Day on Capitol Hill. More than 430 representatives from industry, labor, Class I’s, short lines, shippers and manufacturers who support the rail industry will visit with 350 C...
From the May issue: https://www.railwayage.com/regulatory/shipper-frustration-turns-contemptuous/
WATCHING WASHINGTON, MAY 2019 - Oh, the contempt that drippeth from a judicial petition of the Western Coal Traffic League (WCTL), whose members ship and receive by rail some 175 million tons of coal annually. It accuses the Surface Transportation Board (STB) of impersonating a regulatory agency by....
Pandrol is set to serve as the Platinum Sponsor of the IHHA STS Conference. https://www.railwayage.com/news/pandrol-platinum-at-ihha/
Pandrol recently announced that it is the Platinum Sponsor of the International Heavy Haul Association (IHHA) STS Conference, which takes place on June 10-14 in Narvik, Norway.
A “strong network performance” in a record-setting April for CP. https://www.railwayage.com/freight/class-i/cp-strong-momentum-on-heels-of-record-setting-april/
Canadian Pacific (CP) revealed that, on top of a “strong network performance,” it had a record-setting April, as the Calgary, AB-based railroad delivered a best-ever 2.643 million metric tonnes (MMT) of Canadian grain and grain products.
LIRR and NJT riders, listen up: https://www.railwayage.com/passenger/commuterregional/psny-track-work-to-affect-njt-lirr/
Track work at Penn Station New York (PSNY) this summer will have effects on two public transportation lines—NJ Transit (NJT) and Long Island Rail Road (LIRR).
There's a new STV VP in town. https://www.railwayage.com/passenger/commuterregional/swartley-promoted-to-stv-vp/
STV, Inc. recently announced that it has promoted Brandon Swartley, P.E., to Vice President.
The TTC has been experiencing reliability issues with its fleet of new Flexity Outlook LRVs. https://www.railwayage.com/passenger/light-rail/ttc-ticked-by-flexity-issues/
The Toronto Transit Commission (TTC) has been experiencing significant in-service reliability issues with its fleet of new Bombardier-built Flexity Outlook LRVs.
"We recognize that taking a leadership role in addressing climate change is a must," said Gregory A. Kelly, President, CEO, WSP USA. https://www.railwayage.com/freight/wsp-to-become-carbon-neutral/
Engineering and professional services firm WSP USA recently announced its plan to become carbon neutral throughout its U.S. operations—which includes all offices and employee business travel—in 2019.
Genesee & Wyoming had a rough first quarter, but is sticking to its 2019 guidance. https://www.railwayage.com/freight/class-i/gw-absorbs-1q2019-losses/
Genesee & Wyoming (G&W) recently reported its 2019 first-quarter results, which show year-over-year declines in operating revenues, operating income and diluted EPS.
CN posted a very solid first quarter and is GROWING THE TOP LINE! Carload volumes are a first-quarter record. https://www.railwayage.com/freight/class-i/cn-very-solid-results-for-1q2019/
In reporting its financial and operating results for the first quarter ended March 31, 2019, CN said it had “very solid results,” including record first-quarter carload volumes, the addition of C$350 million of top-line growth and improved year-over-year car velocity.
Union Pacific isn’t hurrying to finish Brazos Yard. COO Jim Vena is definitely in charge here. https://www.railwayage.com/freight/union-pacific-re-thinks-brazos-yard-timing/
Union Pacific contractors were moving lots of dirt when this reporter visited the Brazos Yard site in Texas in November 2018. The location was to be the new crown of UP’s capabilities to improve and increase volume and service to the expanding customer base in the Houston and Gulf Coast chemical a...
All's "fare" in PTSI and commuting. https://www.railwayage.com/passenger/commuterregional/ptsi-debuts-fare-compendium/
PTSI Transportation recently released a compendium of Commuter Rail Fares (CRF), a first-of-its-kind subscription service that provides the current fare structure—including fare levels, types of basic fares and promotional fares—of all commuter rail service in the United Stats and Canada.
CCX is starting to come to fruition. https://www.railwayage.com/freight/class-i/carolina-connector-groundbreaking-ceremony-held/
How many records can be set in a single financial quarter? Ask Norfolk Southern. https://www.railwayage.com/cs/ns-a-multiple-record-first-quarter/
Norfolk Southern (NS) continued its upward trend and posted record railway operating revenues, operating income, operating ratio, net income and earnings per share in first-quarter 2019.
How does one define tenacity and resiliency? Take a look at Canadian Pacific, who despite battling a very rough winter and dealing with a tragic derailment, managed to post a solid first quarter. https://www.railwayage.com/freight/class-i/cp-1q2019-strong-momentum/
Canadian Pacific, coming off a tough winter, posted first-quarter 2019 increases in revenues and earnings per share, accompanied by a 1.8% operating ratio increase.
Here is Part 2 of an exclusive six-part, in-depth analysis of the Gateway Project by Contributing Editor David Peter Alan. https://www.railwayage.com/passenger/part-2-of-6-politicians-wrangle-as-costs-climb/
The original Access to the Region’s Core (ARC) Project started with a semblance of consensus but ended its 15-year life in controversy. Its replacement, Gateway, was proposed in February 2011, and has been surrounded by controversy for the entire eight years of its life, so far. The politicians an...
Full circle: Carl Icahn buys ARI. Icahn tries to buy GBRX and fails. Icahn sells ARI to hedge fund ITE. ITE now selling ARI to GBRX. More consolidation in the freight car market! https://www.railwayage.com/financeleasing/greenbrier-acquiring-ari/
In a transaction valued at $400 million, the Greenbrier Companies, Inc. (GBRX) has entered into an agreement to acquire the manufacturing business of American Railcar Industries (ARI) from ITE Management LP (ITE), the hedge fund that bought ARI from investor Carl Icahn in December 2018. GBX said the...
Congratulations once again to our Short Line & Regional Railroads of the Year, the Louisville & Indiana Railroad (LIRC) and the Rapid City Pierre & Eastern! https://www.railwayage.com/freight/short-lines-regionals/lirc-rcpe-accept-railway-age-awards/
The Louisville & Indiana Railroad (LIRC) and the Rapid City Pierre & Eastern accepted Railway Age’s annual Short Line & Regional Railroads of the Year Awards at the American Short Line and Regional Railroad Association (ASLRRA) CONNECTIONS Convention in Orlando, Fla., on April 9.
The only thing constant is change. After 15 years, the NRC is severing its relationship with Chambers, Conlon & Hartwell. https://www.railwayage.com/mw/breaking-news-nrc-ousts-cch/
The National Railroad Construction and Maintenance Association (NRC) is severing ties with Chambers, Conlon & Hartwell LLC (CCH), the Washington, D.C. lobbying firm that has been managing NRC’s operations for the past 15 years.
A very useful and informative treatise on how railroads can deal with cyber-security threats. https://www.railwayage.com/safety/improving-railroad-cyber-threat-resilience/
Railroads are a critical component of America’s transportation infrastructure, and have been making significant investments in advanced networked computer control systems and information technologies. This has enabled the employment of new capabilities such as “Positive Train Control and “Prec...
Ironhorse Resources, Inc. acquired the Sequatchie Valley Railroad (SQVR) and the Walking Horse and Eastern Railroad (WHOE). They have been renamed Sequatchie Valley Switching Company (SQSC) and the Walking Horse Railroad (WHRR). https://www.railwayage.com/freight/switching-terminal/ironhorse-resources-acquires-two-short-lines/
Ironhorse Resources, Inc. on April 9 acquired two Tennessee-based Class III carriers: the Sequatchie Valley Railroad (SQVR) and the Walking Horse and Eastern Railroad (WHOE). They have been renamed Sequatchie Valley Switching Company (SQSC) and the Walking Horse Railroad (WHRR).
Congratulations to ASLRRA honorees Peter Gilbertson, Cleo Johnson Jr. and David Nagy! https://www.railwayage.com/freight/short-lines-regionals/aslrra-honors-gilbertson-safety-leaders/
Few can tell a story about Capitol Hill intrigue involving railroads better than Contributing Editor Frank N. Wilner. Here’s what the obituaries didn’t mention about former Sen. Fritz Hollings, who died April 6 at 97. https://www.railwayage.com/regulatory/sen-fritz-hollings-role-in-rail-merger-policy/
Somewhat buried in history is that today’s railroad map is a product of behind-the-scenes actions by former Senate Commerce Committee Chairman Ernest Frederick (Fritz) Hollings (D-S.C.), who died April 6 at age 97. He was Commerce Committee Chairman 1987-1995 and 2001-2003, during years Democrats ...
We think you’ll enjoy this exclusive six-part, in-depth analysis of the Gateway Project by Contributing Editor David Peter Alan. We begin with a bit of history. https://www.railwayage.com/passenger/part-1-of-6-an-arc-with-no-covenant/
Anyone connected with the series of passenger rail projects in the New York/New Jersey Metropolitan Area known collectively as Gateway will claim that their eventual completion is inevitable, much like former California Gov. Jerry Brown claimed that completion of the virtually defunct California Hig...
The company said its “underwhelming” earnings were expected and should be confined to the quarter. https://www.railwayage.com/news/greenbrier-underwhelming-earnings-temporary-furman/
The Greenbrier Companies, in reporting financial results for its second fiscal quarter ended Feb. 28, said earnings it characterized as “underwhelming” due to certain one-time charges were expected and should be confined to the quarter.
Strength in numbers: No fewer than 18 North American trade associations representing railroads, truckers and their customers that ship between the United States and Mexico have joined forces to communicate the folly of Trump’s border closure threat. https://www.railwayage.com/freight/fighting-trumps-border-slowdown-threat/
Eighteen North American trade associations representing railroads, truckers and their customers that ship between the United States and Mexico have joined forces to tell the Trump Administration and Congress that restricting cross-border trade by either complete shutdown or slowdown, as President Tr...
Commuter rail now has a stronger, single-purpose voice on Capitol Hill: The newly formed Commuter Rail Coalition. Check out the all-star cast! https://www.railwayage.com/passenger/commuterregional/a-new-voice-for-commuter-rail/
“Commuter rail,” says Metra CEO and Executive Director Jim Derwinski, “needs a distinct voice.” Derwinski and a group of current and former passenger rail industry executives led by former New York Metropolitan Transportation Authority Director of Regulatory Affairs, Corporate Standards and ...
Take a ride on our rail freight traffic roller-coaster. It's not all downhill screaming. And shut down the U.S. Mexico border? Really? https://www.railwayage.com/freight/class-i/rail-freight-traffic-whats-going-on-here/
We traditionally have reported the Association of American Railroads weekly compilation of freight traffic statistics as “straight news,” with commentary restricted to what the AAR may include in the release, which is rare. In this case, there’s a lot going on here, enough to warrant some anal...
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CN President and CEO Jean-Jacques “JJ” Ruest , Railway Age’s 56th Railroader of the Year, leads one of North America’s best-performing Class I railroads. Ruest took a railroad plagued with service problems and serious network capacity shortages and implemented aggressive capital investment and service quality programs. These efforts have produced outstanding results, in terms of traffic growth and profitability. In this wide-ranging interview with Railway Age Editor-in-Chief William C. Vantuono, Ruest reflects on his distinguished career, and provides his vision of CN’s future. Video produced by CN and sponsored by Amsted Rail.
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