Railway Age

Railway Age Railway Age is a monthly magazine circulated at the management levels of North American freight and passenger railroads. Visit RailwayAge.com

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.

The diesel electric locomotives were built by TÜLOMSAŞ, Wabtec’s strategic regional business partner, at its plant i...
07/26/2019
Wabtec: Five Locomotives for Turkey - Railway Age

The diesel electric locomotives were built by TÜLOMSAŞ, Wabtec’s strategic regional business partner, at its plant in Eskisehir, Turkey. https://www.railwayage.com/mechanical/locomotives/wabtec-five-locomotives-for-turkey/

Wabtec Corporation recently announced that it completed delivery of five diesel-electric PowerHaul® series locomotives to Körfez Ulaştırma A.Ş., the subsidiary of Turkey’s largest refinery Tüpraş operating in railway transportation.

CN, guided by the leadership of Railway Age 2019 Railroader of the Year JJ Ruest, seeks out new business opportunities, ...
07/24/2019
CN 2Q19: Record Financials, Plus a Volume Increase - Railway Age

CN, guided by the leadership of Railway Age 2019 Railroader of the Year JJ Ruest, seeks out new business opportunities, implements them, grows volume, and posts record-setting financials. https://www.railwayage.com/freight/class-i/cn-2q19-record-financials-plus-a-volume-increase/

Like its U.S. Class I peers, CN posted record 2Q19 financials—diluted earnings per share, operating revenues and operating income. Unlike them, CN grew volume in the quarter, as well as in the first half of the year.

The budget does not include a fare increase for FY 2020! https://www.railwayage.com/passenger/commuterregional/njt-boar...
07/22/2019
NJT board adopts $3B+ FY2020 operating, capital budgets - Railway Age

The budget does not include a fare increase for FY 2020! https://www.railwayage.com/passenger/commuterregional/njt-board-adopts-3b-fy2020-operating-capital-budgets/

The New Jersey Transit (NJT) Board of Directors recently announced that it has adopted a Fiscal Year 2020 (FY 2020) operating budget of $2.39 billion and a $1.42 billion capital program—the budget does not include a fare increase for FY 2020—that aims to support continued investments in personne...

How do rail shippers feel about the STB Rate Reform Task Force Report? Attorney Sandra Brown of Thompson Hine LLP, Washi...
07/19/2019
STB Rate Reform Task Force: A Shippers’ View - Railway Age

How do rail shippers feel about the STB Rate Reform Task Force Report? Attorney Sandra Brown of Thompson Hine LLP, Washington D.C., weighs in: https://www.railwayage.com/regulatory/stb-rate-reform-task-force-a-shippers-view/

On June 20, Dr. William Huneke, the former Director of the Office of Economics at the Surface Transportation Board (STB), offered his observations in Railway Age regarding the recently released Rate Reform Task Force Report. This article offers a view from the shippers’ perspective.

KCS’ net income in 2Q19 was $129 million, for a reported $1.28 per diluted share, compared with $148 million, or $1.45...
07/19/2019
KCS 2Q19: Volume flat, but revenues reach record - Railway Age

KCS’ net income in 2Q19 was $129 million, for a reported $1.28 per diluted share, compared with $148 million, or $1.45 per diluted share last year. Adjusted diluted EPS was $1.64, 6% higher than a year ago, and a record. https://www.railwayage.com/freight/class-i/kcs-2q19-volume-flat-but-revenues-reach-record/

Kansas City Southern (KCS) posted record revenues of $714 million, a 5% yearly increase, for 2Q19 despite “flat volumes,” the company reported on July 19.

“We delivered record second quarter financial results driven by exceptional operating performance, including an all-ti...
07/18/2019
UP 2Q19: Record-low OR, despite volume, revenue declines - Railway Age

“We delivered record second quarter financial results driven by exceptional operating performance, including an all-time best quarterly operating ratio of 59.6%.” https://www.railwayage.com/freight/class-i/up-2q19-record-low-or-despite-volume-revenue-declines/

Union Pacific, in the midst of implementing Unified Plan 2020, its version of PSR (Precision Scheduled Railroading), posted a quarterly record-low operating ratio for this year’s second quarter, along with increases in net income, operating income and diluted earnings per share, compared to the pr...

For the six months ended June 30, CP operating revenues were C$3.74 billion, a 9.7% increase from the same period in 201...
07/17/2019
CP 2Q19: “Growth across every line of business” - Railway Age

For the six months ended June 30, CP operating revenues were C$3.74 billion, a 9.7% increase from the same period in 2018. https://www.railwayage.com/news/cp-2q19-growth-across-every-line-of-business/

Canadian Pacific Railway (CP) announced it set record second-quarter revenues of C$1.98 billion, an increase of 13% from last year’s C$1.75 billion, and a second-quarter operating ratio record of 58.4%, a 580 basis point improvement over last year’s second-quarter operating ratio of 64.2%.

We’ve updated Canadian Contributing Editor John Thompson‘s feature story on the new Kitchener-Waterloo ION LRT in On...
07/10/2019
UPDATED: Kitchener-Waterloo LRT, An in-depth look - Railway Age

We’ve updated Canadian Contributing Editor John Thompson‘s feature story on the new Kitchener-Waterloo ION LRT in Ontario to take you behind the scenes at the control center, courtesy of Keolis. https://www.railwayage.com/passenger/light-rail/kitchener-waterloo-lrt-an-in-depth-look/

Ontario’s first new LRT line began public operation on Friday, June 21, 2019, in the twin cities of Kitchener and Waterloo. K-W, as it is known locally, is about 60 miles northwest of Toronto, on CN’s Toronto-London secondary line. The LRT operates under the brand name of ION.

"If the no. 1 cause of crossing incidents is impatient drivers going around the gates, the solution is simple": https:/...
07/10/2019
Rethinking grade crossing warning devices - Railway Age

"If the no. 1 cause of crossing incidents is impatient drivers going around the gates, the solution is simple": https://www.railwayage.com/safety/rethinking-grade-crossing-warning-devices/

Four years ago, I lost my wife at a railroad crossing in the New York City suburbs. This catastrophe led to the loss of five other lives, and caused millions in damage. Needless to say, I had a lot of reasons to take a long, hard look at the railroad signage surrounding this incident.

“Big Boy” 4014, built in 1941 by the American Locomotive Co. to UP specifications for hauling heavy trains over the ...
07/09/2019
Railway Age, October 4, 1941: UP’s ”Big Boy” debuts - Railway Age

“Big Boy” 4014, built in 1941 by the American Locomotive Co. to UP specifications for hauling heavy trains over the Wasatch Mountains between Ogden and Green River, Wyo., on a 1.14% ruling grade. https://www.railwayage.com/mechanical/locomotives/railway-age-october-4-1941-ups-big-boy-debuts/

The only operating example in the world of the largest steam locomotive ever built thundered her way, in May 2019, 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 first t...

Contributing Editor David Peter Alan’s six-part series on the Gateway Project concludes with a close look at an altern...
07/08/2019
Part 6 of 6: We Have a Plan B. Do We Need a Plan C? - Railway Age

Contributing Editor David Peter Alan’s six-part series on the Gateway Project concludes with a close look at an alternative proposal that could work well. https://www.railwayage.com/passenger/part-6-of-6-we-have-a-plan-b-do-we-need-a-plan-c/

At a legislative hearing on Aug. 16, 2018, Gateway Program Development Corp Interim Executive Director John D. Porcari said, “There is no Plan B.” He was wrong. At the same hearing, this writer (as Chair of the Lackawanna Coalition, a New Jersey-based advocacy organization) outlined the “Plan ...

06/26/2019
Next-Generation Train Control Conference 2019 - Railway Age

Join @RailwayAge for #NGTC19 in October! Keynote Speaker is Jeffrey D. Knueppel, P.E., General Manager, @SEPTA. Learn more: https://www.railwayage.com/nextgen/

October 17-18, 2019 | Le Méridien Philadelphia - Now in its third decade, Next-Gen Train Control is the rail industry’s single-most important gathering of communications and signaling professionals, featuring in-depth technical sessions and comprehensive project updates on CBTC and PTC.

The STB’s former Chief Economist comments on the agency’s Rate Reform Task Force Report. It’s a lesson in railroad...
06/20/2019
Observations on STB’s Rate Reform Task Force Report - Railway Age

The STB’s former Chief Economist comments on the agency’s Rate Reform Task Force Report. It’s a lesson in railroad economics and rate-making. https://www.railwayage.com/regulatory/observations-on-stbs-rate-reform-task-force-report/

Surface Transportation Board (STB) staff recently released a rate reform report with a series of recommendations. Readers should remember that before any of those recommendations become regulations, the Board must conduct rulemakings. This process could extend beyond 2020 and into the next Administr...

Congratulations to Ted Baun, who is joining MUL Railcars, Inc. (MULR), a subsidiary of Mitsubishi UFJ Lease & Finance Co...
06/19/2019
Baun joins MULR as CCO - Railway Age

Congratulations to Ted Baun, who is joining MUL Railcars, Inc. (MULR), a subsidiary of Mitsubishi UFJ Lease & Finance Company Limited (MUL), as Chief Commercial Officer, effective July 1. https://www.railwayage.com/financeleasing/baun-joins-mulr-as-cco/

Rail industry veteran Theodore W. “Ted” Baun will be joining MUL Railcars, Inc. (MULR), a subsidiary of Mitsubishi UFJ Lease & Finance Company Limited (MUL), as Chief Commercial Officer, effective July 1. He will be responsible for fleet utilization, revenue generation and customer support opera...

North America’s newest light rail transit system, the Kitchener-Waterloo ION, will enter revenue service in June 21. h...
06/17/2019
ION readies for revenue service - Railway Age

North America’s newest light rail transit system, the Kitchener-Waterloo ION, will enter revenue service in June 21. https://www.railwayage.com/passenger/light-rail/ion-readies-for-revenue-service/

On June 21, 2019, the long-awaited ION LRT will formally enter revenue service for Ontario, Canada’s Waterloo Region. Leading up to the start of service, Bombardier Flexity LRVs will be operating in daytime service mode, with trains every 10 or so minutes.

Railway Age/Bentley's webinar, "Going Digital in Rail - Improving Decisions from Planning to Performance," is less than ...
06/13/2019
Going Digital in Rail - Improving Decisions from Planning to Performance

Railway Age/Bentley's webinar, "Going Digital in Rail - Improving Decisions from Planning to Performance," is less than a week away (6/19 at 2pm EDT). To register, click here: https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=F3A823F3-D11D-469E-A15D-18E47CE9B672&LangLocaleID=1033&AffiliateData=socialmedia

Register for Going Digital in Rail - Improving Decisions from Planning to Performance

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2019 Railroader of the Year JJ Ruest, CN
2019 Railroader of the Year JJ Ruest, CN

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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