The federal government is giving $886 million to help the New York Metropolitan Transportation Authority (MTA) continue rebuilding and replacing transportation equipment and facilities damaged or destroyed by Hurricane Sandy.
UnionPacific Corp. reported net income of $1.2 billion, or $2.55 per diluted share, for the fourth quarter of 2013, compared to $1billion, or$2.19per diluted share, in the fourth quarter of 2012.
Norfolk Southern (NYSE: NSC) reported record fourth-quarter 2013 net income of $513 million, or $1.64 per diluted share, 24 percent higher compared with $413 million, or $1.30 per diluted share, earned in the fou
In 2013, CSX and its customers worked together to develop 121 new or expanded facilities on the CSX rail network or its connecting short line partners. These facilities represent $3 billion in customer investments and more than 1,600 new job opportunities at those facilities.
Amtrak says it is adding more seats to the Auto Train on trips between Jan. 1 and March 31. According to Amtrak, up to 60 additional coach seats will be available for travel on variety of dates on Train 53 to Florida (Jan. 1-9; Jan. 16; Jan. 29-Feb. 1; Feb 14-15; and Feb. 28) and Train 52 from Florida (Jan. 2-4; Feb. 22; Feb. 28; March 1; March 15; and March 29-31). The Auto Train offers both coach and sleeper accommodations. “The Auto Train is the easiest and most enjoyable way to travel between the northeast and Florida while your