Railroad News

Class Is employed 127,867 workers as of mid-March, up 0.18 percent since mid-February, but down 11.78 percent compared with March 2019's employment level, Surface Transportation Board data shows.

Four of six employment categories logged month-to-month decreases. They were: professional and administrative, down 0.66 percent to 10,746 employees; transportation maintenance of equipment and stores, down 0.49 percent to 22,062; transportation (other than train and engine), down 0.19 percent to 5,306; and executives, officials and staff assistants, down 0.11 percent to 7,568.

CN yesterday posted "solid" first-quarter 2020 financial and operating results, despite experiencing rail blockades and the start of a global pandemic and recession during the period.

The Class I reported revenue remained flat at CA$3.5 billion during the quarter compared with the year-ago period. Diluted earnings per share (EPS) rose 31 percent to CA$1.42, while adjusted diluted EPS increased 4 percent to CA$1.22, compared with Q1 2019.

CN yesterday posted "solid" first-quarter 2020 financial and operating results, despite experiencing rail blockades and the start of a global pandemic and recession during the period.

The Class I reported revenue remained flat at CA$3.5 billion during the quarter compared with the year-ago period. Diluted earnings per share (EPS) rose 31 percent to CA$1.42, while adjusted diluted EPS increased 4 percent to CA$1.22, compared with Q1 2019.

Pacific Ethanol Inc., a producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, earlier this month closed on its agreement to sell its 74 percent ownership interest in Pacific Aurora LLC to Aurora Cooperative Elevator Co. for a total valuation of $52.8 million.

"Aurora Cooperative is pleased to protect these local destination and rail markets for our farmer owners by gaining full ownership of these ethanol plants, elevator and rail assets," said Chris Vincent, Aurora Cooperative's president and chief executive officer, in a press release.

Bay Area Rapid Transit’s (BART) board last week amended the agency’s transit-oriented development (TOD) policy to support affordable housing. 

The policy amendments allow for a land discount of up to 60 percent from fair market value for projects on BART property with affordable housing. 

Washington Metropolitan Area Transit Authority (WMATA) last week announced plans to expand two major projects this summer as the agency logs historically low ridership due to the COVID-19 pandemic.    

Under the expanded plan, WMATA will combine work to demolish and reconstruct platforms at four Orange Line stations with a separate project on the Silver Line to connect Metrorail to new "phase II" stations, which are being constructed by the Metropolitan Washington Airports Authority. 

The California State Transportation Agency (CalSTA) awarded Sacramento Regional Transit District (SacRT) two grants to help fund light-rail system improvements. 

The Transit and Intercity Rail Capital Program (TIRCP) grants include $23.6 million to purchase eight light-rail vehicles, and $3.9 million to construct a new light-rail access tunnel on the north side of the multimodal Sacramento Valley Station (SVS) Transit Center.

Duos Technologies Inc. has been awarded a $1.8 million contract to provide its Rail Inspection Portal (rip®) to an undisclosed rail operation. The installation is expected to be completed by the end of the third quarter this year.  Duos believes this order is indicative of an increasing trend in the railroad industry of automating rail-car mechanical inspections, which have historically been conducted manually, company officials said in a press release.

Union Pacific Railroad has deployed RADWIN’s portfolio of Point-to-Point and Point-to-MultiPoint wireless connectivity solutions to help monitor and manage hundreds of remote rail yards through video surveillance networks.

Law enforcement leaders of the Coalition Against Bigger Trucks (CABT) have asked nation's governors to ensure that truck weight limits will return to lower "safe" levels after the coronavirus pandemic crisis passes.

In response to the pandemic, Congress granted governors the authority to temporarily grant increases in weight limits for trucks operating on U.S. interstate highways in their states. The authority is limited to 120 days and only applies to trucks transporting relief material, according to CABT.

The Public Utilities Commission of Ohio (PUCO) yesterday approved the installation of lights and other upgrades at five grade crossings in the state. 

The PUCO approved construction authorization from the Ohio Rail Development Commission directing Norfolk Southern Railway to upgrade active warning devices at the South Lincoln Avenue/CR 444A crossing in Columbiana County and the South Charleston Street/State Route 41 crossing in Springfield by April 22. 

Canadian Pacific President and Chief Executive Officer Keith Creel today issued a statement in support of people protecting and serving the public during the coronavirus pandemic.

"To critical health-care workers, frontline service providers, emergency agencies and personnel: Thank you for your ongoing dedication, determination and sacrifice in response to COVID-19," said Creel.

Canadian Pacific President and Chief Executive Officer Keith Creel today issued a statement in support of people protecting and serving the public during the coronavirus pandemic.

"To critical health-care workers, frontline service providers, emergency agencies and personnel: Thank you for your ongoing dedication, determination and sacrifice in response to COVID-19," said Creel.

The Toronto Transit Commission (TTC) yesterday announcedit will layoff 1,200 transit operators and other employees next month to reduce expenses as the agency copes with mounting revenue losses due to the COVID-19 pandemic. 

The layoffs of 1,000 train and bus operators is subject to negotiations with Amalgamated Transit Union 113, TTC officials said in a press release.

Operation Lifesaver Inc., (OLI) in partnership with the Federal Railroad Administration (FRA), announced this week the award of $200,525 in grants to 15 state Operation Lifesaver programs to be used for grade crossing and trespass prevention public education programs.

OLI also announced the award of the first Innovative Rail Safety Grant to New York Operation Lifesaver, which will receive $60,000 to fund a targeted, data-driven and multifaceted trespass prevention campaign in the state.

CN yesterday recognized 149 companies for safely handling dangerous goods in 2019.

Launched in 1992, CN's Safe Handling Awards honor customers who load freight cars with dangerous goods and meet strict standards for the safe handling and shipment of regulated products. The winners must meet established criteria, according to the total number of shipments of dangerous goods for all facilities, CN officials said in a press release.

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

Amtrak expects to lose $700 million in adjusted operating earnings as a result of the COVID-19 pandemic, Amtrak officials said yesterday in a teleconference with reporters.