2025 – Page 22 – Railfanning.org

NJBIA: Fiscal 2026 Budget, Corporate Transit Tax Revenues Must Fully Go to NJ Transit

February 11, 2025 Railfanning.org News Wire

With Gov. Phil Murphy’s Fiscal 2026 budget address approaching on Feb. 25, the New Jersey Business & Industry Association wants the $1 billion Corporate Transit Tax levied on New Jersey’s largest job creators to be fully dedicated to its intended target – NJ Transit.

NS: $1 Billion in Infrastructure Improvements completed in 2024

February 10, 2025 Railfanning.org News Wire

Norfolk Southern Corporation said it has completed infrastructure improvements worth $1 billion in 2024 across its 22-state network.

BNSF: $3.8 Billion Capital Investment Plan for 2025

February 8, 2025 Railfanning.org News Wire

BNSF Railway recently announced a $3.8 billion capital investment plan for 2025, which company officials say demonstrates its dedication to operating a safe and reliable network while ensuring it is prepared to handle anticipated customer needs.

Feds, CTA Finalize $1.9 Billion for Red Line Extension Project

February 7, 2025 Railfanning.org News Wire

Chicago and federal officials finalized a $1.9 billion funding agreement allowing the Chicago Transit Authority to advance a Red Line extension project.

Vonashek Appointed Seventh President of MTA Metro-North Railroad

February 7, 2025 Railfanning.org News Wire

Metropolitan Transportation Authority Chair and CEO Janno Lieber announced that Justin Vonashek has been appointed president of MTA Metro-North Railroad. Vonashek will succeed Catherine Rinaldi.

NTSB Probing Fire on SEPTA Train

February 7, 2025 Railfanning.org News Wire

Federal officials are set to probe a fire on a Southeastern Pennsylvania Transportation Authority train that forced more than 300 passengers to evacuate.

35 Years Ago, J.B. Hunt Revolutionized a New Kind of Service

February 7, 2025 Railfanning.org News Wire

J.B. Hunt Transport Services Inc. recently achieved a major company milestone as its intermodal service surpassed 35 years of operations.

Amtrak Nixing DEI Initiatives, Bloomberg Reports

February 7, 2025 Railfanning.org News Wire

Amtrak will stop funding its Diversity, Equity, and Inclusion (DEI) initiatives immediately and will require employees to work from the office four days a week starting March 3, Bloomberg reported.

Cincinnati Could Use Cincinnati Southern Sale Proceeds for ‘Underserved’ Communities

February 7, 2025 Railfanning.org News Wire

Cincinnati Vice Mayor Jan-Michele Lemon Kearney has proposed using a portion of the proceeds from the Cincinnati Southern Railway sale to benefit 15 “underserved” communities.

UP Declares First Quarter 2025 Dividend

February 7, 2025 Railfanning.org News Wire

The Board of Directors of Union Pacific Corp. has declared a quarterly dividend of $1.34 per share on the company’s common stock.