Railfanning.org News Wire

Norfolk Southern CEO: Confident Outlook for 2014

May 8, 2014 Railfanning.org News Wire

Norfolk Southern CEO Wick Moorman gave stockholders plenty of reasons for continued optimism following a year of record-breaking performance.

CSX CFO: Modest Earnings Growth in 2014 Creates Foundation for Double-Digit Earnings Growth Beginning in 2015

May 8, 2014 Railfanning.org News Wire

Despite the difficult winter conditions of the first quarter, CSX is positioned to capitalize on underlying economic strength and market opportunities in the balance of 2014 to grow earnings, Fredrik Eliasson, CSX Corp. executive vice president and chief financial officer, told investors and analysts at the Bank of America Merrill Lynch Global Transportation Conference in Boston.

Central Florida’s SunRail opens

April 30, 2014 Railfanning.org News Wire

Federal and local officials celebrated the opening of the first phase of the SunRail commuter rail line, which proponents say will significantly expand transit options and connect thousands of residents to jobs and other economic opportunities throughout Central Florida.

Union Pacific Reports $1.1 Billion Net Q1 Income

April 17, 2014 Railfanning.org News Wire

Union Pacific Corp. today reported 2014 first quarter net income of $1.1 billion, or $2.38 per diluted share, compared to $957 million, or $2.03 per diluted share, in the first quarter 2013.

INDOT Seeking Proposal for Improving Hoosier State Service

April 3, 2014 Railfanning.org News Wire

The Indiana Department of Transportation is seeking proposals to improve the Hoosier State, which operates between Indianapolis and Chicago four days per week.

Amtrak to Celebrate National Train Day on May 10

March 30, 2014 Railfanning.org News Wire

Amtrak will celebrate the seventh annual National Train Day on May 10, the railroad said. In addition to events in Philadelphia, Washington, D.C., Chicago and Los Angeles, Amtrak is supporting events in many local markets across the country served by Amtrak. Event offerings include train equipment displays, family-friendly activities and local dignitaries.

CSX Urges STB to Reject Switching Plan

March 30, 2014 Railfanning.org News Wire

CSX Transportation is opposing a proposal before the Surface Transportation Board (STB) the railroad says would create unpredictable traffic flows, reduce high levels of customer service achieved over the past few years, and diminish the company’s incentive to keep investing at record levels in critically needed transportation infrastructure.

CN: Disturbed by Canadian Government Legislation

March 27, 2014 Railfanning.org News Wire

CN said it is disappointment with Canadian government legislation tabled today by Agriculture Minister Gerry Ritz and Transportation Minister Lisa Raitt to increase regulatory intrusion and oversight for rail grain transportation, and to introduce new rules for the extension of interswitching limits in the rail industry.

CN Announces Plan to Phase Out Fleet of DOT-111 Tank Cars

March 25, 2014 Railfanning.org News Wire

CN said it continues to take significant steps to strengthen the railway’s Safety Management System, with the goal of improving the safety of its transportation of dangerous goods.

CTA Train Derails at O’Hare

March 24, 2014 Railfanning.org News Wire

Storify by Todd DeFeo Mon, Mar 24 2014 06:54:16 CTA Train Derails at O’Hare A CTA train on Monday detailed at O’Hare International Airport Add to story or collection Share on Twitter Share on Facebook Share on Pinterest Share on Google+ Share on Linkedin Share by email UPDATE: 32 injured in train derailment at Chicago’s O’Hare airport http://nbcnews.to/1gRh4Nc pic.twitter.com/gmmG2YfXyq NBC News@NBCNews @_inamis · · Mon, Mar 24 2014 06:41:44 ReplyRetweetFavorite Add to story or collection Share on Twitter Share on Facebook Share on Pinterest Share on Google+ Share on Linkedin Share by email #BREAKING: NEW PIC: RT @scottkleinberg: @cta Blue