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North America
May 6, 2020
|
Podcasts
RSI on the state of the Railway Supply Industry
Railway Supply Institute President, Mike O’Malley, and Vice President Government and Public Affairs, Nicole Brewin, cover a wide range of topics with Railway Age Editor-in-Chief, William C. Vantuono.
April 30, 2020
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Financial
Precision Scheduled Railroading allows NS to cut locomotive fleet
US Class 1 railway Norfolk Southern (NS) says the successful introduction of Precision Scheduled Railroading (PSR) is allowing it to dispose of 703 excess locomotives.
April 29, 2020
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Financial
CN increases operating income despite blockades and Covid-19
CANADIAN National Railway (CN) achieved a 13% increase in operating income to $C 1.22bn ($US 875.5m) for the first quarter of 2020 despite blockades of its network and the impact of coronavirus.
April 28, 2020
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High-speed
First environmental draft for northern California high-speed project released
CALIFORNIA High-Speed Rail Authority (CHSRA) has released the first project-level draft environmental document for the 144km Scott Boulevard, Santa Clara - Carlucci Road, Merced County section of the 230km San Jose - Merced phase of the California high-speed line.
April 27, 2020
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Podcasts
Canadian Pacific positioning for growth
Canadian Pacific President and CEO Keith Creel, Executive Vice President Operations Mark Redd and Executive Vice President Marketing John Brooks talk with Railway Age Editor-in-Chief William C. Vantuono about business growth, capital investment and today’s challenging operating environment. Sponsored by The Greenbrier Companies.
April 27, 2020
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Financial
UP reports record first quarter operating ratio
UNION Pacific (UP) achieved an all-time best operating ratio of 59% for the first quarter of 2020, and an increase in net income from $US 1.4bn in 2018 to $US 1.5bn.
April 24, 2020
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Financial
CSX sets new operating ratio record in first quarter
CSX set a Class 1 railway first-quarter operating ratio record of 58.7%, improving 80 basis points from its 59.5% operating ratio in the first quarter of 2019.
April 23, 2020
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Fleet
Sacramento purchases locally-made Siemens LRVs
SACRAMENTO Regional Transit District (SacRT) has awarded a contract to Siemens for 20 low-floor LRVs, the first new vehicles it has bought in around 20 years.
April 23, 2020
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Financial
CP sets first quarter operating ratio and revenue records
CANADIAN Pacific Railway (CP) set records for operating ratio and revenue in the first quarter of 2020, and will continue to invest in anticipation of an economic recovery, rather than increase its shareholder dividend and buy back shares - a strategy at least one Wall Street analyst is calling “noteworthy, prudent and logical.”
April 22, 2020
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Financial
California awards $US 500m for rail and transit projects
CALIFORNIA State Transportation Agency (CalSta) awarded $US 500m to 17 recipients in Transit and Intercity Rail Capital Program (TIRCP) grants for transit and railway projects on April 21.
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