Siemens, an international engineering firm with its U.S. headquarters in Washington, D.C., and plants throughout the U.S., has won a $466 million contract from Amtrak to build 70 Sprinter ACS-64 electric locomotives for Amtrak’s Northeast Corridor and Keystone Corridor. [...]
UTU Local 377 members — engineers, conductors and brakemen — employed by Buffalo & Pittsburgh Railroad have ratified a new five-year agreement by an almost 8-to-1 margin. Balloting was by craft under provisions of the UTU constitution guaranteeing craft autono [...]
Union Pacific, frequently identified – rightly or wrongly – as a foe of joint freight/passenger rail operations, may be the first major railroad to sign such an implementing agreement, reports the Journal of Commerce. The Journal of Commerce quoted UP CEO Jim Young as saying [...]
Norfolk Southern on Oct. 27 followed most other major railroads in reporting substantial earnings improvements for the third quarter 2010. CSX, Canadian National, Kansas City Southern and Union Pacific all have reported substantial improvements in net income and operating rat [...]
Iowa Interstate Railroad and Amtrak are intending jointly to launch conventional-speed (79 mph) passenger service between Chicago and Iowa City over a previously abandoned rail line, reports progressiverailroading.com. The proposed service, reported progressiverailroading.com [...]
On the heels of blockbuster third quarter earnings reports by CSX and Union Pacific, Kansas City Southern and Canadian National on Oct. 26 reported their own impressive earnings improvements. Kansas City Southern reported doubling its third quarter net income, and reducing it [...]
So how long will you live after you retire, and will you have enough money to live on comfortably? Precisely. And that’s why – before you retire – you should think about post-retirement economic security, because few things could be worse than money running out during what ar [...]
By James StemUTU National Legislative Director Alfred E. Newman, the not-very-bright Mad magazine character, had an expression shared today by too many Americans: “I am not sure who is running, and my vote won’t make a difference anyway.” It is doubtful thos [...]
Railroad intermodal traffic –- especially the movement of containers atop flat cars — is sizzling. Responding to the growing demand, Union Pacific has ordered almost 10,000 new 53-foot containers this year, according to the Journal of Commerce. Additionally, reports the [...]
Newsweek magazine has given CSX the highest “Green Ranking” among Class I freight railroads – and named CSX 10th in environmental responsibility among all transport and aerospace companies. The Newsweek rankings are based on input from three environmental organizations. In a [...]
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