ATLANTA — Nearly all of Amtrak’s 44 nationwide routes lost money last fiscal year, a new study suggests.
A study from Pew Charitable Trusts’s Subsidyscope project shows that 41 of the 44 nationwide routes were not profitable, averaging a roughly $32 loss per passenger. During the fiscal year, Amtrak received $1.3 billion from taxpayers, according to [...]

JACKSONVILLE, Fla. — The Association of American Railroads (AAR) presented its top award for environmental professionals, the 2009 North American Environmental Employee Excellence Award, to Paul J. Kurzanski, manager of environmental remediation at CSX Transportation.
Kurzanski was one of six railroad industry individuals nominated. This is the fifth time in the last seven years that a [...]

NORFOLK, Va. — Norfolk Southern Corp. announced the regular quarterly dividend of 34 cents per share on its common stock, payable on Dec. 10, to stockholders of record on Nov. 6.
Since its inception in 1982, Norfolk Southern has paid dividends on its common stock for 109 consecutive quarters.

OMAHA, Neb. — Union Pacific Railroad and Norfolk Southern introduced Gulf Coast Flyer, a rail service for the safe transport of chemicals between the Union Pacific-served southern Texas and Louisiana regions and Norfolk Southern destinations across the northeastern and southeastern United States.
Gulf Coast Flyer is designed to build on improved routing and enhanced operations coordination [...]

WASHINGTON – Amtrak and the Southern California Regional Rail Authority (SCRRA) are moving forward today with a Memorandum of Understanding for Amtrak to provide the train and engine crews needed to operate Metrolink commuter trains on all seven of its lines in the Los Angeles area beginning July 1, 2010.
“Amtrak and its employees appreciate the [...]

MONTREAL — CN and the Teamsters Canada Rail Conference agreed to adjourn negotiations and are scheduled to resume talks with the assistance of federal mediators during the week of Nov. 16.
The company and union remain optimistic that they can negotiate a new collective agreement for 1,700 CN locomotive engineers in Canada without labor disruption, officials [...]

OMAHA, Neb. — Union Pacific Corp. reported 2009 third quarter net income of $517 million, or $1.02 per diluted share, compared to $703 million, or $1.38 per diluted share in the third quarter 2008.
“Union Pacific’s third quarter results were clearly affected by the global recession and related decline in our rail traffic,” said Jim Young, [...]

FORT WORTH, Texas — Burlington Northern Santa Fe Corp. reported quarterly earnings of $1.42 per diluted share, which included a $0.06 per share impact related to a favorable coal rate case adjustment. This compared to third-quarter 2008 earnings of $1.99 per diluted share.
“During the recession, BNSF has demonstrated significant operating leverage through ongoing dedication to [...]

GREENWICH, Conn. — Genesee & Wyoming Inc. announced the election of Michael Norkus to its board of directors, effective Oct. 22.
Norkus will serve on GWI’s Governance Committee.
Mr. Norkus is the founder and president of Alliance Consulting Group, which specializes in developing growth strategies for companies in consumer goods, manufactured products, commercial services, high-tech [...]

OMAHA, Neb. — Union Pacific Railroad and Progress Rail Services announced that the ultra-clean diesel PR30C-LoNOx locomotive being tested in intermediate line haul service has successfully achieved more than 500 operational hours.  The locomotive — powered by a 3516 Caterpillar engine — has been retrofitted with a state-of-the-art after-treatment system, making it one of the [...]