Railfanning.org News Wire – Page 169

Member Robert Sumwalt on the scene of the Amtrak Train #188 Derailment in Philadelphia.

Report Shows Ridership Impact of May 12 Amtrak Wreck

July 28, 2015 Todd DeFeo

The May 12 Amtrak derailment in Philadelphia wrecked havoc on ticket sales and revenue for the railroad, according to a new ridership report.

Rail Leaders Warn of Consequences to Too Much Regulation

July 27, 2015 Railfanning.org News Wire

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.

Who Was Named Outstanding Public Transportation Manager for 2015?

July 27, 2015 Todd DeFeo

The American Public Transportation Association (APTA) earlier this month selected the head of MARTA as its 2015 Outstanding Public Transportation Manager.

A southbound NJ Transit train passes through Elizabeth, N.J. in August 2003..

N.J. Transit Board Votes to Increase Fares, Approves 2016 Budget

July 27, 2015 Todd DeFeo

The N.J. Transit Board of Directors earlier this month voted to increase fares by roughly 9 percent.

NS Earnings: Net Income Down 23 Percent

July 27, 2015 Todd DeFeo

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

Southern Museum Hosting Third Annual Railroad Rendezvous

July 9, 2015 Todd DeFeo

The Southern Museum of Civil War & Locomotive History will host its third annual Railroad Rendezvous later this month.

CSX Wraps Up 17th Annual Maintenance Jamboree

July 9, 2015 Railfanning.org News Wire

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.

CSX, L&I Reach Agreement for Indianapolis-to-Louisville Corridor

June 19, 2015 Railfanning.org News Wire

Louisville & Indiana Railroad and CSX have reached an agreement giving CSX a permanent easement to operate over the L&I’s 106-mile rail corridor between Indianapolis and Louisville.

Norfolk Southern dedicates locomotive honoring nation’s first responders

June 19, 2015 Todd DeFeo

Norfolk Southern recently unveiled a locomotive that honors emergency first responders.

AAR Awards CSX for Automotive Ramp Service Quality

June 18, 2015 Todd DeFeo

The Association of American Railroads (AAR) has awarded CSX and its wholly-owned subsidiary Total Service Distribution Inc. (TDSI) with an award for the highest-quality automotive ramp service performance in the country. “The recognition of these facilities is indicative of the level of quality we deliver throughout our network of world-class vehicle distribution centers,” Clarence Gooden, executive vice president and chief commercial officer, CSX, said in a news release. “Our core strategy for our automotive customers focuses on delivering safe, high-quality service every day, and we appreciate the recognition of the hard work of our automotive network employees.” The AAR bestows