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News Wire
  • [ January 23, 2023 ] MARTA to Close Red Line for Track Replacement Work Commuter Rail
  • [ January 20, 2023 ] BNSF Announces Nearly $4 Billion 2023 Capital Investment Plan BNSF
  • [ January 19, 2023 ] Amid Ridership Struggles, S&P Dims Transit Outlook Commuter Rail
  • [ January 15, 2023 ] State Diverted $2B from Clean Energy Fund to NJ Transit, Other Needs, Report Finds Commuter Rail
  • [ January 12, 2023 ] New Mexico Train Riders Want to See Investment in High-Speed Rail Make it Out of the Station Commuter Rail
Home2021April

Month: April 2021

CSX

CSX Reports First Quarter Net Earnings of $706 Million

April 29, 2021 Railfanning.org News Wire

CSX Corp. reported first-quarter 2021 net earnings of $706 million, down from $770 million in the same period last year.

A N.J. Transit train in Montvale, N.J., in March 2018.
Commuter Rail

N.J. Transit Advancing $250 Million of the Walter Rand Transportation Center in Camden

April 28, 2021 Railfanning.org News Wire

N.J. Transit is moving forward with a $250-million overhaul of the Walter Rand Transportation Center in Camden with the release of a Request for Proposals (RFP) to design a new facility to replace the current terminal.

Commuter Rail

New Jersey Senators Want Even More Federal Dollars for Garden State Transportation Infrastructure

April 26, 2021 Railfanning.org News Wire

After securing approximately $2 billion in pandemic relief from the American Rescue Plan (ARP) for N.J. Transit, U.S. Sens. Bob Menendez and Cory Booker, D-New Jersey, said they want more federal tax dollars to help modernize New Jersey’s aging transportation infrastructure.

Union Pacific

UP Reports $1.3 Billion First-Quarter Net Income

April 26, 2021 Railfanning.org News Wire

Union Pacific Corporation reported a 2021 first-quarter net income of $1.3 billion, down from $1.5 billion in the first quarter of 2020.

Canadian National

Kansas City Southern’s Board Says Canadian National’s Unsolicited Proposal Could be a ‘Company Superior Proposal’

April 25, 2021 Railfanning.org News Wire

Kansas City Southern’s Board of Directors unanimously determined that Canadian National Railway’s unsolicited proposal could reasonably be expected to lead to a “Company Superior Proposal” as defined in KCS’s merger agreement with Canadian Pacific Railway.

Canadian National

CN Makes Unsolicited Bid to Acquire Kansas City Southern Following CP Deal

April 21, 2021 Railfanning.org News Wire

Canadian National Railway submitted an unsolicited proposal to acquire Kansas City Southern in a cash and stock transaction valued by CN at $325 per KCS share.

Short Line/Regional

Savannah Port Terminal Railroad Broadens Agreement With Georgia Ports to Include Mason Mega Rail Terminal

April 21, 2021 Railfanning.org News Wire

The Savannah Port Terminal Railroad (SAPT) has broadened its rail services agreement with the Georgia Ports Authority (GPA) to include GPA’s new Mason Mega Rail Terminal.

Miscellaneous

Railfanning.org Editor Todd DeFeo Presents on Northeast Corridor to Metuchen-Edison Historical Society

April 16, 2021 Railfanning.org News Wire

The story of the Northeast Corridor is the perfect example of railroad history, Railfanning.org Editor Todd DeFeo told the Metuchen-Edison Historical Society on Thursday.

CSX

CSX Closes Sale on First Phase of $525-Million Rail Transaction with Virginia

April 16, 2021 Railfanning.org News Wire

The transaction is part of the Commonwealth’s previously announced multi-billion dollar rail transportation initiative to improve service and infrastructure in the state.

Commuter Rail

Georgia’s Fiscal Year 2022 Budget Includes First-Ever Line Item for MARTA

April 13, 2021 Railfanning.org News Wire

With the passage of House Bill 511, state lawmakers have established a mechanism to annually fund capital transit projects that support economic development priorities throughout the state.

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The Latest
  • MARTA to Close Red Line for Track Replacement Work
    January 23, 2023
  • BNSF Announces Nearly $4 Billion 2023 Capital Investment Plan
    January 20, 2023
  • Amid Ridership Struggles, S&P Dims Transit Outlook
    January 19, 2023
  • State Diverted $2B from Clean Energy Fund to NJ Transit, Other Needs, Report Finds
    January 15, 2023
  • New Mexico Train Riders Want to See Investment in High-Speed Rail Make it Out of the Station
    January 12, 2023

(c) 2002-2022 The DeFeo Groupe, LLC.