Latest Rail Industry News
VIA Rail Canada (VIA Rail) has issued a request for qualifications (RFQ) for the construction of new buildings and the upgrade of maintenance centers in Montréal and Toronto.
In 2019, Norfolk Southern (NS) worked with 77 businesses that invested nearly $2 billion on new or expanded facilities on its rail lines, supporting economic growth of communities on NS’ eastern U.S. network.
The New York Metropolitan Transportation Authority (MTA) has released a schedule of ongoing construction projects from the 2010-14 and 2015-19 capital plans.
The Association of American Railroads (AAR) has reported that U.S. rail traffic for the week ending January 25, 2020, totaled 485,282 carloads and intermodal units, a 7.1 percent decrease compared to 2019.
Applications are now being accepted for the Susan C. Murray Memorial Women’s Scholarship Program.
Canadian Pacific Railway Limited (CP) has reported record revenues for the 2019 fourth quarter and the 2019 full year.
Norfolk Southern Corporation (NS) has reported a net income of $666 million, with diluted earnings per share of $2.55, in the 2019 fourth quarter.
Canadian National Railway (CN) has reported 2019 fourth quarter revenues of C$3,584 million, a decrease of six percent compared to the 2018 fourth quarter. Diluted earnings per share (EPS) were down 22 percent to C$1.22, and adjusted diluted EPS decreased 16 percent to C$1.25.