CN logged "solid" second-quarter 2017 financial results on strong volume growth across most commodity groups, the Class I reported yesterday.
CN's Q2 net income surged 20 percent to CA$1.03 billion, or CA$1.36 diluted earnings per share, compared with CA$858 million, or CA$1.10 diluted EPS, in the same period a year ago, according to a CN press release.
Norfolk Southern Corp. second-quarter 2017 net income rose 23 percent to $497 million, or $1.71 per diluted share, compared with the same quarter a year ago, the Class I reported this morning.
The profit growth was driven by a 15 percent increase in railway operations income, and an all-time record operating ratio of 66.3 percent, according to an NS press release.
Norfolk Southern Corp. second-quarter 2017 net income rose 23 percent to $497 million, or $1.71 per diluted share, compared with the same quarter a year ago, the Class I reported this morning.
The profit growth was driven by a 15 percent increase in railway operations income, and an all-time record operating ratio of 66.3 percent, according to an NS press release.
The National Transportation Safety Board (NTSB) found yesterday that the probable cause of a deadly collision between an SUV and a Metro-North commuter train at a grade crossing in Valhalla, N.Y., in 2015 was due to the actions of the SUV driver.
The NTSB's investigation found the driver of the SUV moved her vehicle into the path of Metro-North commuter train 659 on February 3, 2015. The NTSB says investigators found traffic at the Commerce Street grade crossing was congested when the driver entered the boundary of the grade crossing and stopped. The grade crossing warning system activated properly and a gate came down, striking the rear of the Mercedes-Benz ML350. Witnesses said the driver exited the vehicle and examined where the gate hit the SUV. She then got back into the driver's seat and moved onto the railroad tracks and into the path of the oncoming train.
The National Transportation Safety Board (NTSB) found yesterday that the probable cause of a deadly collision between an SUV and a Metro-North commuter train at a grade crossing in Valhalla, N.Y., in 2015 was due to the actions of the SUV driver.
The NTSB's investigation found the driver of the SUV moved her vehicle into the path of Metro-North commuter train 659 on February 3, 2015. The NTSB says investigators found traffic at the Commerce Street grade crossing was congested when the driver entered the boundary of the grade crossing and stopped. The grade crossing warning system activated properly and a gate came down, striking the rear of the Mercedes-Benz ML350. Witnesses said the driver exited the vehicle and examined where the gate hit the SUV. She then got back into the driver's seat and moved onto the railroad tracks and into the path of the oncoming train.
The National Transportation Safety Board (NTSB) found yesterday that the probable cause of a deadly collision between an SUV and a Metro-North commuter train at a grade crossing in Valhalla, N.Y., in 2015 was due to the actions of the SUV driver.
The NTSB's investigation found the driver of the SUV moved her vehicle into the path of Metro-North commuter train 659 on February 3, 2015. The NTSB says investigators found traffic at the Commerce Street grade crossing was congested when the driver entered the boundary of the grade crossing and stopped. The grade crossing warning system activated properly and a gate came down, striking the rear of the Mercedes-Benz ML350. Witnesses said the driver exited the vehicle and examined where the gate hit the SUV. She then got back into the driver's seat and moved onto the railroad tracks and into the path of the oncoming train.
Global design and consulting firm Arup has been chosen to lead the feasibility reassessment of the North-South Rail Link (NSRL) project, a proposed new rail connection between two central Boston commuter hubs.
Global design and consulting firm Arup has been chosen to lead the feasibility reassessment of the North-South Rail Link (NSRL) project, a proposed new rail connection between two central Boston commuter hubs.
Global design and consulting firm Arup has been chosen to lead the feasibility reassessment of the North-South Rail Link (NSRL) project, a proposed new rail connection between two central Boston commuter hubs.
U.S. Secretary of Transportation Elaine L. Chao appointed David Horner and Steve McMillin to the Washington Metropolitan Area Transit Authority (WMATA) board of directors on Monday.
Chosen for their "extensive backgrounds in U.S. transportation infrastructure, innovative financing, and federal regulatory policy," Secretary Chao said that the two men will "help improve the performance and reliability of this vital transit system in the nation's capital."
U.S. Secretary of Transportation Elaine L. Chao appointed David Horner and Steve McMillin to the Washington Metropolitan Area Transit Authority (WMATA) board of directors on Monday.
Chosen for their "extensive backgrounds in U.S. transportation infrastructure, innovative financing, and federal regulatory policy," Secretary Chao said that the two men will "help improve the performance and reliability of this vital transit system in the nation's capital."
U.S. Secretary of Transportation Elaine L. Chao appointed David Horner and Steve McMillin to the Washington Metropolitan Area Transit Authority (WMATA) board of directors on Monday.
Chosen for their "extensive backgrounds in U.S. transportation infrastructure, innovative financing, and federal regulatory policy," Secretary Chao said that the two men will "help improve the performance and reliability of this vital transit system in the nation's capital."
Job description: Fotiou has worked in the railroad industry for nearly four years. At Amtrak, she ensures compliance with environmental regulations at stations, yards and facilities; enhances recycling and sustainability initiatives; and tracks greenhouse gas emissions for Amtrak’s corporate reduction goal and its annual report to the Carbon Disclosure Project. Fotiou also volunteers for the family assistance branch of the Amtrak response team that helps passengers and their families at accident sites.
Education: Saint Joseph’s University in Philadelphia, B.S. in chemistry; University of Pennsylvania, M.S. in applied geosciences
The Chicago Transit Authority (CTA) has reopened the Illinois Medical District Station's Damen Avenue entrance, the agency announced yesterday.
The development marked a milestone in CTA's $23 million renovation of the Blue Line station, which serves more than 940,000 riders each year and provides access to four major hospital systems.
U.S. Transportation Secretary Elaine Chao yesterday announced the appointment of David Horner and Steve McMillin to the Washington Metropolitan Area Transit Authority's (WMATA) board.
Effective yesterday, the appointments come at a critical time for WMATA, Chao said in a press release.
The Massachusetts Bay Transportation Authority (MBTA) and Keolis Commuter Services yesterday announced plans to improve the agency's ticket checking system for its commuter-rail network.
The initiative includes a revenue-sharing partnership between the agency and Keolis, which operates the MBTA's commuter-rail system. The agreement expands a marketing and ridership growth initiative aimed at allowing additional investment into the system, Keolis officials said in a press release.
Union Pacific Railroad has received a Telly Award for its "Your Life is Worth the Wait" videos that urge drivers to stop for trains at grade crossings, the Class I announced yesterday.
The video series, which reached 32 million viewers on social media, was part of UP's 2016 public safety awareness campaign, according to a UP press release.
Stephen Hoye has been named vice president of its Pacific Harbor Line (PHL) effective early next month.
Hoye will join the PHL from The Belt Railway Co. of Chicago, where he has been a superintendent since 2011.
Metrolinx has issued a request for qualifications for an operator to work with the agency as it finalizes arrangements for its GO Regional Express Rail (RER) plan.
As part of the plan, Metrolinx aims to increase the number of trains it runs each week from 1,500 to 6,000. The agency seeks a company with experience operating and maintaining service to passengers during a major construction and expansion program.