Norfolk Southern Corp. today announced its first quarter 2025 revenue was $3.0 billion, while income from railway operations was $1.1 billion, operating ratio was 61.7% and diluted earnings per share were $3.31.
San Joaquin Valley Railroad Co., a Class III railroad, filed a notice with the Surface Transportation Board to continue leasing and operating 101.5 miles of rail lines from Union Pacific Railroad.
NJ Transit locomotive engineers, represented by the Brotherhood of Locomotive Engineers and Trainmen, have overwhelmingly rejected a tentative contract offer from the railroad.
Grainbelt Corporation, a Class III rail carrier, has filed a verified notice of exemption with the Surface Transportation Board to extend the term of the previously amended local trackage rights on trackage owned by BNSF Railway.
CSX Transportation has filed a notice with the Surface Transportation Board to discontinue service over a roughly 7.5-mile rail line in Bergen County, New Jersey, and Rockland County, New York.
U.S. Department of Transportation Secretary Sean Duffy announced an agreement between the Federal Railroad Administration and Amtrak to terminate the $63.9 million grant awarded to Amtrak under the Corridor Identification and Development Program for the Amtrak Texas High-Speed Rail Corridor, previously known as the Texas Central Railway project.
Amtrak and NJ Transit joined New Jersey Gov. Phil Murphy for a working summit ahead of the busy summer 2025 travel season in New Jersey and hoping to avoid another “Summer of Hell.”
U.S. Senate Judiciary Chairman Chuck Grassley and U.S. Rep. David Joyce introduced the Combating Organized Retail Crime Act (CORCA) to create a coordinated federal response to the mounting wave of sophisticated attacks against the nation’s supply chain and retailers.