Transportation News

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BNSF posts 2nd quarter financial results

BNSF released their second-quarter earnings of 2018. The railroad saw increases across the board. Net Earnings: Increased by 37 percent to $1.3 billion from $958 million Revenue: Increased 12 percent from $5.25 billion to $5.87 billion Operating Income: Increased 6 percent to [...]

Missouri voters overwhelmingly reject Right to Work

Missouri voters voted decisively on Tuesday, August 7 when they overwhelmingly rejected a right-to-work (for less) law that would have divided work forces and limited the freedom to negotiate in private-sector workplaces. Unions gathered enough signatures to send the question [...]

SOFA releases injury tally for May

A monthly report from the Switching Operations Fatality Analysis (SOFA) Working Group reported six severe injuries to railroad workers during May 2018, including one amputation. SOFA Working Group defines a severe injury as FRA-reportable injuries to train and engine service [...]

Senate approves amendment to maintain Southwest Chief

WASHINGTON – U.S. Senators Jerry Moran’s (R – Kan.) and Tom Udall’s (D – N.M.) amendment to maintain Amtrak train services along the established, long-distance passenger rail route of the Southwest Chief, #3665, was included in the 2018 Transportation, Housing and [...]

Railroads release 2nd quarter earnings reports

Net Earnings: Increased 27 percent to C$1,310 million; diluted earnings per share increased 30 percent to C$1.77 Revenue: Increased 9 percent to C$3,631 million Operating Income: Increased 7 percent to C$1,519 million Operating Ratio: Increased 0.7 points to 58.2 percent (wor [...]

Public, politicians concerned over Amtrak’s planned cuts to service

The public and members of Congress have been vocal in their displeasure with Amtrak’s announcements of cuts and planned cuts to service, including replacement of dining car service with boxed lunches on some routes, de-staffing 15 train stations around the country that [...]