OMAHA, Neb. – The slowing economy and ongoing trade disputes are dragging railroad profits down in the second half of the year. Two railroads, Union Pacific and CSX, have reported declining profit and revenue this week as they hauled less grain, imported goods and other products. Union Pacific's freight volume slid 8% in the quarter. Kansas City Southern reports quarterly results Friday and Norfolk Southern reports next week. "It feels to me like the industrial economy is wea

New Jersey Transit will resume weekday off-peak, one-seat Raritan Valley Line (RVL) train service to New York Penn Station beginning Nov. 4, New Jersey Gov. Phil Murphy announced yesterday. The commuter-rail service was suspended in September 2018 to allow NJ Transit to install positive train control equipment on its rail fleet, according to a press release issued by Murphy’s office. Now — following the advancement of safety improvements and based on the increased availabilit

Virgin’s Hyperloop One is eyeing North Texas as a site for a certification facility, according to the Regional Transportation Council. The electromagnetic tube technology which boasts speeds of 670 miles an hour would take passengers from DFW to Laredo in about 45 minutes. Trips from North Texas to Austin would take about 17 minutes. And it would take about 25 minutes from North Texas to San Antonio. The company has already completed trial runs in its testing facility in Neva

A railroad bridge used by Norfolk Southern has collapsed into the Grand River in Missouri. Norfolk Southern has suspended service between Moberly, Mo., and Kansas City, Mo. According to an advisory released by the Class 1 railroad company, detour options are being pursued, but all trains operating to and from Kansas City will experience delays. Debris and high flood waters have been punishing the Grand River Bridge in Brunswick, Mo., for days, and a Facebook video shows the b

SEPTEMBER 27, 2019 | JEFF DAVIS The House Railroad Subcommittee held a hearing on September 24 to examine the state of commuter rail in America. The hearing heard testimony from four witnesses: Paul Skoutelas, American Public Transportation Association (written testimony here) Jim Derwinski, Chicago Metra (written testimony here) Peter Rogoff, Seattle-area Sound Transit (written testimony here) Stephanie Wiggins, Southern California Metrolink (written testimony here) The hea