Phoenix Rail, a joint venture of infrastructure manager Ancala and rail investment and management firm Arkadia Rail Partners (formerly Brookhaven Capital Partners), has completed acquisition of Lehigh Valley Rail Management…

Former Surface Transportation Board (STB) Chair Ann Dawn Begeman has joined the CSX Board of Directors. Begeman’s career has spanned more than three decades in public service, primarily in the…

In 2024, the largest-ever Michigan State University Eli Broad College of Business Railway Management Certificate Program (RMCP) class assembled for the program’s 19th iteration. Some 30 people attended the four week-long…

Focusing solely on fourth-quarter and full-year 2024 numbers, CSX experienced a difficult year—but the numbers don’t paint an accurate picture. Events beyond CSX’s control—the Francis Scott Key Bridge collapse in…

Union Pacific’s 4Q24 and Full-Year (FY) 2024 financial results (download below) reflected revenue carload growth, and improvements in freight car velocity, employee productivity, operating income and operating ratio. The Class…

The Railway Association of Canada (RAC) has released Rail Trends 2024, the 32nd edition of its rolling ten-year review of the industry’s financial and statistical performance. The information is a compendium…

In 2024, Norfolk Southern customers advanced 149 industrial development projects, representing $4.3 billion in investment for new or expanded facilities on NS or a connecting Class II or III. Of…

Class II Reading & Northern Railroad (RBMN) in 2024 posted another year of record freight revenues and passenger ridership and revenues. On the freight side, RBMN—Railway Age’s four-time Regional Railroad…

The 2025 edition of Railway Age’s Next-Gen Freight Rail (NGFR) conference will feature Canadian Pacific Kansas City (CPKC) President and CEO and two-time Railroader of the Year Keith Creel in…

Norfolk Southern on Jan. 21 released its 2024 Safety Report (download below), “reflecting on accomplishments and initiatives from the last year. These milestones are a result of the company’s unwavering commitment…

In the closing moments of the Biden Administration, the Federal Railroad Administration released its Amtrak Daily Long-Distance Service Study Final Report, the purpose of which was to evaluate the restoration of…

House Transportation & Infrastructure Committee Chair Sam Graves (R-Mo.) announced on Jan. 21 a reshuffling of the deck chairs for two subcommittees. Following the appointment of Rep. Rick Crawford (R-Ark.)…

The Gateway Development Commission (GDC) on Jan. 16 appointed railway industry veteran and Railway Age’s 2017 Railroader of the Year Thomas F. Prendergast as Chief Executive Officer. Prendergast comes to…

CN has deployed a new medium-horsepower hybrid electric locomotive developed in collaboration with Knoxville Locomotive Works (KLW). The 3,200-hp hybrid unit, numbered 7100, is based on a CN low-horsepower diesel-electric…

The Reading & Northern Railroad (RBMN) Passenger Department set a record in 2024 with an increase in its overall annual ridership, which rose 5% from 2023 to nearly 340,000 on…

CSX has unveiled its latest special edition locomotive painted by the team at the Waycross, Ga., shops. “This locomotive celebrates our ONE CSX team and culture,” President and CEO Joe…

The RailPulse™ consortium is offering a “Grandfathering Incentive” for railcar owners/lessors that have already equipped their railcars with telematics from a current RailPulse™ certified vendor partners but have not yet…

The Toronto Transit Commission has set a 2025 operating budget of C$2.8 billion and a capital program of C$16.4 billion. TTC touted the program as freezing fares for the second…

Synergos Companies has closed on 28 acres of prime rail-served property at Texas Gonzales & Northern Railway (TXGN), a subsidiary of TNW Corp., for a Structural Building Material Operation. The…

Among the incoming President’s favored, frequently used words is “deal,” defined as “an agreement entered into by two or more parties for their mutual benefit, especially in a business or…