Too many regulations would have a major impact on the railroad industry’s ability to sustain private investment to build, maintain and upgrade the nation’s 140,000-mile rail network.
The American Public Transportation Association (APTA) earlier this month selected the head of MARTA as its 2015 Outstanding Public Transportation Manager.
Occupying the former Naval Air Station Richmond (NASR), the Gold Coast Railroad Museum today delights railfans with its collection of locomotives, dozens of rail cars and railroad artifacts.
Norfolk Southern Corp. today reported net income for the quarter was 23 percent lower than a year ago. Net income for the quarter was $433 million compared to a record $562 million for the second quarter of 2014. Diluted earnings per share were $1.41, down from $1.79 per diluted share in the second quarter a year ago. “While we face short-term pressure, particularly as we clear fuel surcharge revenue and coal headwinds, Norfolk Southern is well positioned to continue improving service, which will reduce costs and add value to our customers,” CEO James A. Squires said in a news release. “Growth within the
CSX has completed its 17th annual Maintenance Jamboree. As part of the track safety and maintenance blitz, crews completes months of rail, tie, signal and bridge work on key rail corridors in a single week.