CN is planning to invest approximately C$2.9 billion (nearly $2.1 billion) in 2016 in rail infrastructure and equipment to raise network efficiency, support long-term growth and further strengthen safety, the company said last week.
Amtrak’s next president should he necessary vision and management skills to successfully implement new reforms and improve Amtrak’s performance, a pair of Republicans on the Transportation and Infrastructure Committee said in a letter to the railroad’s Board.
Norfolk Southern Corp. reported that its railway operating revenues reached $10.5 billion in 2015, and income from railway operations was $2.9 billion.
Canadian Pacific has submitted a letter to the U.S. Department of Justice, asking it to review recent actions and statements made by a number of major U.S. railroads, the railroad said.
Traffic is the biggest problem facing the Buckhead community, but there is apparently little widespread support for the addition of a streetcar as a congestion-curbing tactic, a new Buckhead Business Association (BBA) survey revealed.
More than 680,000 people have taken a trip aboard the Atlanta Streetcar since it opened on Dec. 30, 2014, according to the office of Atlanta Mayor Kasim Reed.