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Jan
25

Project development extended for BART Silicon Valley extension

The Federal Transit Administration (FTA) has granted The Santa Clara Valley Transportation Authority (SCVTA) a three-month extension to complete the Federal New Starts funding program's project development phase.

 

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Jan
25

Metrolinx victim of North Korean cyberattack

Rail News Home Security 1/25/2018 Rail News: Security
The attack was routed through services in Russia, according to the Ontario government.Photo – GO Transit

By This email address is being protected from spambots. You need JavaScript enabled to view it., Associate Editor

The Ontario government on Tuesday confirmed that Metrolinx was the victim of a cyberattack by North Korea.

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Jan
25

Las Vegas Railway Express acquires United Rail

Rail News Home M&A 1/25/2018 Rail News: M&A
The Las Vegas Railway Express Inc. has acquired United Rail, owner of the Rail Management Services short-line management package.RMS will become the primary business for the Las Vegas company, which will seek short lines to use the system for their business management backbone. Las Vegas Railway Express owns the X Train brand and brand licensor."By affiliating under our United Rail brand and deploying the RMS system, we can offer access to capital, discounts on insurance products and much more via our larger purchasing footprint to our X Train affiliates," said Las Vegas Railway Express Chief Executive Officer Wayne Bailey in a press release. Affiliate short lines using RMS only will pay for the services they use, according to the release. The system currently is in use by X Rail Entertainment Inc. on its X Wine Railroad service. It's also slated to be used for future Los Angeles-to-Las Vegas service, which is slated to start in June. Financial details of the acquisition weren't disclosed.Las Vegas Railway Express is working to acquire short lines that have freight and/or passenger operations. The company has licensed X Rail Entertainment Inc. to use the X Train brand on the X Wine Railroad luxury passenger service.

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Jan
25

FTA delays deadline for BART Silicon Valley project

Rail News Home Passenger Rail 1/25/2018 Rail News: Passenger Rail
The Santa Clara VTA requested the deadline extension to refine design consideration for two tunneling methods.Photo – Santa Clara VTA

The Santa Clara Valley Transportation Authority (VTA) received approval from the Federal Transit Administration (FTA) to extend the New Starts project development phase for the 6-mile Bay Area Rapid Transit extension to Silicon Valley.

The deadline to complete the phase has been moved from March to June. VTA made the request so it could refine design considerations for two tunneling methods for the 5-mile segment into downtown San Jose, California, agency officials said in a press release.

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Jan
25

MTA board OKs $4 billion Kawasaki rail-car order

In December 2017, New York City Transit presented prototypes of the new cars.Photo – Metropolitan Transportation Authority / Patrick Cashin

[Editor's note: This story was updated at 1:10 p.m. CST.]

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Jan
25

UP boosts bottom line in 2017

Union Pacific Corp. today reported fourth-quarter 2017 adjusted net income rose 5 percent to $1.2 billion, or $1.53 per diluted share, compared with $1.14 billion, or $1.39 per share, for the same period a year ago.

Including the impact of the recently passed federal corporate tax reform, UP posted net income of $7.3 billion, or $9.25 per diluted share for Q4 2017, according to a UP press release.

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Jan
25

UP boosts bottom line in 2017

Union Pacific Corp. today reported fourth-quarter 2017 adjusted net income rose 5 percent to $1.2 billion, or $1.53 per diluted share, compared with $1.14 billion, or $1.39 per share, for the same period a year ago.

Including the impact of the recently passed federal corporate tax reform, UP posted net income of $7.3 billion, or $9.25 per diluted share for Q4 2017, according to a UP press release.

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Jan
24

Rail supplier news from Stadler, Harsco, Alliance Shippers, Bergmann and NRC (Jan. 24)

Stadler has acquired Knorr-Bremse subsidiary Swedtrac, which specializes in train modernization. The move is aimed at enabling Stadler to strengthen its presence in the Nordic countries, company officials said in a press release. Swedtrac will join Stadler in the first quarter. In the long term, Stadler aims to transform Swedtrac's site in Tillberga, Sweden, into a major service cente. Financial terms of the acquisition were not disclosed.

Harsco Rail has promoted Allen Branham to vice president of North America sales and global contracting services. He has more than two decades of experience with the company and most recently served as director of U.S. East sales. Branham also has held positions in product management, engineering and project management.

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Jan
24

Long Beach port OKs on-dock rail facility

Rail News Home Intermodal 1/24/2018 Rail News: Intermodal
The facility wouuld provide track space to join toegether sections of trains assembled at terminals.Photo – Port of Long Beach

The Long Beach Board of Harbor Commissioners on Monday approved the construction of Pier B on-dock rail support facility at the Port of Long Beach, California.

The facility would provide track space to join together sections of trains assembled at terminals. The ability to build long trains now is limited due to lack of adequate yard tracks and the configuration of mainline tracks, port officials said in a press release.

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Jan
24

NS names Scheib exec VP, chief legal officer

Norfolk Southern Corp. has appointed John Scheib executive vice president law and administration and chief legal officer as of March 1.

Scheib will succeed William Galanko, who will retire on the same date after 28 years with the railroad, NS officials said in a press release.

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Jan
24

New Jersey Gov. Murphy calls for NJ Transit audit

New Jersey Gov. Phil Murphy on Monday signed an executive order mandating a full-scale audit of New Jersey Transit.

The audit will review the agency's finances, leadership structure, hiring process and customer service. It also will examine NJ Transit's relationship with Amtrak and its implementation of positive train control.

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Jan
24

Rail Traffic for the Week Ending January 20, 2018

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The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 20, 2018.

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Jan
24

Report: CSX to require CEOs to get medical exams

Rail News Home CSX Transportation 1/24/2018 Rail News: CSX Transportation
CSX Corp. will require future chief executives to submit to an annual physical exam that will be reviewed by the board, The Wall Street Journal reported yesterday.The action follows the board's decision last year to hire 72-year-old Hunter Harrison as president and chief executive officer even though he declined to get a physical exam or provide access to his medical records despite concerns about his health, according to the newspaper.Harrison had a history of health issues that required the use of an oxygen tank. He died last month of unexpected complications of his illness, which was never publicly disclosed.CSX's board is expected to adopt the new policy at a Feb. 7 meeting. The vote will head off a shareholder vote on a similar policy that had been proposed for the company's next annual meeting, according to the report.

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Jan
24

Report: CSX to require CEOs to get medical exams

Rail News Home CSX Transportation 1/24/2018 Rail News: CSX Transportation
CSX Corp. will require future chief executives to submit to an annual physical exam that will be reviewed by the board, The Wall Street Journal reported yesterday.The action follows the board's decision last year to hire 72-year-old Hunter Harrison as president and chief executive officer even though he declined to get a physical exam or provide access to his medical records despite concerns about his health, according to the newspaper.Harrison had a history of health issues that required the use of an oxygen tank. He died last month of unexpected complications of his illness, which was never publicly disclosed.CSX's board is expected to adopt the new policy at a Feb. 7 meeting. The vote will head off a shareholder vote on a similar policy that had been proposed for the company's next annual meeting, according to the report.

Contact Progressive Railroading editorial staff.

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Jan
24

Capacity, equipment, tech investments drive record CN capital program

Canadian National plans a CA$3.2 billion (US$2.5 billion) capital program in 2018; a record for the railroad, as well as an increase of more than 23 percent over its 2017 program.

CN says the program will focus on key capacity projects to meet growing freight demand and continue investment in infrastructure maintenance to enhance safety and efficiency.

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Jan
24

Capacity, equipment, tech investments drive record CN capital program

Canadian National plans a CA$3.2 billion (US$2.59 billion) capital program in 2018; a record for the railroad, as well as an increase of approximately 23 percent over its 2017 program.

 

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Jan
24

POLB advances Pier B plan

The Long Beach Board of Harbor Commissioners approved the Pier B On-Dock Rail Support Facility, progressing a plan to allow for more efficient cargo movement.

"This project is vital to our ability to stay competitive and will minimize truck trips generated by anticipated cargo growth," said Harbor Commission President Lou Anne Bynum. "Moving more cargo by rail to and from the Port reduces air pollution and makes operations more efficient."

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Jan
24

POLB advances Pier B plan

The Long Beach Board of Harbor Commissioners approved the Pier B On-Dock Rail Support Facility, progressing a plan to allow for more efficient cargo movement.

"This project is vital to our ability to stay competitive and will minimize truck trips generated by anticipated cargo growth," said Harbor Commission President Lou Anne Bynum. "Moving more cargo by rail to and from the Port reduces air pollution and makes operations more efficient."

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Jan
24

Lac-Mégantic rail bypass gets big financial commitment from Canadian government

A plan to move a rail line from out of downtown Lac-Mégantic, Quebec, received financial backing from the federal government of Canada, but no solid dollar amount.

Transport Canada Minister of Transport Marc Garneau said in a statement that the federal government would contribute a "substantial sum" toward the Lac-Mégantic rail bypass project.

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Jan
24

Lac-Mégantic rail bypass gets big financial commitment from Canadian government

A plan to move a rail line from out of downtown Lac-Mégantic, Quebec, received financial backing from the federal government of Canada, but no solid dollar amount.

Transport Canada Minister of Transport Marc Garneau said in a statement that the federal government would contribute a "substantial sum" toward the Lac-Mégantic rail bypass project.

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