Railroad News

The Port of Portland is continuing its Terminal 6 service with BNSF Railway Co. through mid-2019, as part of a larger focus to increase options to shippers at Terminal 6, port officials announced this week.

The intermodal rail service, which began in January, moves containers by rail between Portland and the ports of Seattle and Tacoma, Washington. Goods are loaded from rail on or off ocean carriers, with three carriers using the service in Washington, port officials said in a press release.

Only 24 percent of MTA New York City Transit's (NYCT) 472 subway stations are accessible to riders with disabilities, according to a recent report by New York City Comptroller Scott Stringer.

That figure is the lowest among U.S. metropolitan rail systems, Stringer's report stated.

Kansas City Southern today reported record second-quarter results that topped Wall Street estimates for quarterly profit.

KCS posted record revenue of $682 million, up 4 percent, and record operating income of $246 million, up 3 percent, compared with second-quarter 2017.

Kansas City Southern today reported record second-quarter results that topped Wall Street estimates for quarterly profit.

KCS posted record revenue of $682 million, up 4 percent, and record operating income of $246 million, up 3 percent, compared with second-quarter 2017.

Trinity Metro in Fort Worth, Texas, has hired Mike Stolzman as vice president and chief operating officer of rail.

He has more than 20 years of railroad experience. In 1995, he joined the Chicago and Northwestern Railway Co., which was later purchased by Union Pacific Railroad.

Metra plans to reissue its request for proposals (RFP) for new rail cars and open it up to alternative car designs.

U.S. railroads reported a 5 percent increase in carload and intermodal traffic for the week ending July 14 compared with the same week a year ago, according to the Association of American Railroads (AAR).

Total carloads for the week rose 3.8 percent to 271,207 units, while intermodal volume climbed 6.1 percent to 287,857 containers and trailers compared with the year-ago period, AAR officials said in a press release.

[Editor's note: This story was updated at 10:20 a.m. CDT.]

The Federal Transit Administration (FTA) yesterday issued two final regulations aimed at boosting public transit safety.

The Federal Railroad Administration (FRA) today issued a notice of funding opportunity for its Consolidated Rail Infrastructure and Safety Improvements (CRISI) program, which includes more than $318 million in grant funding from the Consolidated Appropriations Act of 2018.

The funding will go toward capital projects aimed at improving passenger- and freight-rail transportation safety, efficiency and reliability, FRA officials said in a press release.

Canadian Pacific reported yesterday that its second-quarter revenue rose 7 percent to CA$1.7 billion from CA $1.64 billion compared with the same period a year ago. 

The Class I's second-quarter diluted earnings per share declined 7 percent to $3.04 from $3.27 per share a year ago. CP reported the per-share numbers in U.S. dollars.

Canadian Pacific reported yesterday that its second-quarter revenue rose 7 percent to CA$1.7 billion from CA $1.64 billion compared with the same period a year ago. 

The Class I's second-quarter diluted earnings per share declined 7 percent to $3.04 from $3.27 per share a year ago. CP reported the per-share numbers in U.S. dollars.

Union Pacific Railroad today reported second-quarter net income jumped 29 percent to $1.51 billion, or $1.98 per share, from $1.2 billion, or $1.45 per share, in the same quarter a year ago.

Operating income for the quarter rose 5 percent to $2.1 billion and operating revenue climbed 8 percent to $5.7 billion compared with second-quarter 2017, according to a UP press release.

Union Pacific Railroad today reported second-quarter net income jumped 29 percent to $1.51 billion, or $1.98 per share, from $1.2 billion, or $1.45 per share, in the same quarter a year ago.

Operating income for the quarter rose 5 percent to $2.1 billion and operating revenue climbed 8 percent to $5.7 billion compared with second-quarter 2017, according to a UP press release.

The Los Angeles County Metropolitan Transportation Authority (Metro) has cut prices for its bike share system, which provides rentable bikes to access transit stations or get around LA.

The cost of a single bike ride has been reduced to $1.75 from $3.50, while the price of a monthly pass has been reduced to $17 from $20. The agency also rolled out a $5 all-day pass for unlimited trips of 30 minutes or less.

Caltrain tonight will host a community meeting to discuss the impact of continued electrification work in Burlingame, California.

Construction of overhead contact system foundations and poles is set to continue along Caltrain right-of-way in Burlingame through August, Caltrain officials said in a press release.

The U.S. House Transportation and Infrastructure Committee's subcommittee on emergency management is holding a hearing today to gauge how well the United States is prepared for the 2018 hurricane season after last year's devastating storms.

In 2017, 10 hurricanes hit the Atlantic region alone, as hurricanes Harvey, Irma and Maria ravaged parts of Texas, Florida, Puerto Rico and the U.S. Virgin Islands, said U.S. Rep. Lou Barletta (R-Pa.), who chairs the Subcommittee on Economic Development, Public Buildings and Emergency Management, in a press release.