Latest Rail Industry News

More News | October 22, 2018

The Chicago Transit Authority (CTA) has proposed a $1.552 billion 2019 operating budget and a $2.9 billion five-year capital budget for 2019-2023.

More News | October 19, 2018

Metra, the Chicago area commuter rail service, has announced that BNSF will replace 18,000 ties on the center track over approximately 18 miles between Hinsdale and Aurora.

More News | October 19, 2018

Kansas City Southern (KCS) has reported record revenues of $699 million for the third quarter of 2018, a 6 percent increase compared to revenues in the 2017 third quarter.

More News | October 19, 2018

Canadian Pacific Railway Limited (CP) has reported that revenues for the 2018 third quarter have increased by 19 percent to $1.9 billion when compared to $1.6 billion in the third quarter of 2017. This is the company’s highest ever reported revenue for any quarter.

More News | October 18, 2018

The Metropolitan Transportation Authority’s (MTA) Metro-North Railroad  announced that its crew working on the Waterbury Branch on October 9, 2018, set a rail maintenance record by installing 1,161 railroad ties in a single day.

More News | October 18, 2018

Seattle’s Sound Transit  has appointed Tracy Butler chief financial officer (CFO), reporting to Deputy Chief Executive Officer Kimberly Farley. Prior to her new position, Butler served as Sound Transit’s interim CFO. 

| October 17, 2018

Ironhorse Resources, Inc. (IHR) has acquired Arizona-based San Pedro and Southwestern Railroad.

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