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News April 28, 2016
Union Pacific First Quarter Net Income Declines
Union Pacific (UP) has reported its 2016 first quarter financial results with net income of nearly $1 billion, or $1.16 per diluted share, compared to the 2015 first quarter’s $1.2 billion net income, or $1.30 per diluted share. Read more
CP Sees Increased EPS, Decreased Revenues
Canadian Pacific Railway Limited (CP) has reported its 2016 first quarter financial results, which included diluted earnings per share of $3.51, up 83 percent from last year’s first quarter diluted earnings per share of $1.92. Read more
GATX Reports 2016 First Quarter Results
GATX Corporation has reported a net income of $69.3 million, or $1.66 per diluted share, for the 2016 first quarter compared to last year’s first quarter net income of $62.2 million, or $1.39 per diluted share. Read more
NS Reducing Operations at Knoxville Rail Yard
Norfolk Southern Corp. (NS) has announced that it will reduce train operations at its Knoxville, Tenn., rail yard, effective May 1, in response to lower traffic volumes and the company’s five-year strategic plan to implement cost control initiatives and network improvements. Read more
Bechtel Breaks Ground on Alberta LRT Line
The engineering, construction, and project management company Bechtel has broken ground for the new Edmonton Valley Line Light Rail Transit (LRT) – Stage 1 project in Alberta, Canada. Read more
CN & CP Celebrate Canada’s Rail Safety Week
Canadian National Railway (CN) and Canadian Pacific (CP) are celebrating Canada’s Rail Safety Week with programs to educate communities on the importance of safety at rail crossings. Read more
Denver’s RTD Opens New Rail Line to Airport
Denver’s Regional Transportation District (RTD) began providing commuter rail service on the 23-mile University of Colorado A Line on April 22, 2016. Read more
Sound Transit Breaks Ground on East Link Light Rail Extension
Federal, state and local officials attended a recent groundbreaking ceremony to celebrate the start of construction of Seattle’s Sound Transit East Link light rail extension. Read more
MTA to Expand Sleep Apnea Screening
New York Governor Andrew M. Cuomo and Senator Charles E. Schumer have announced the expansion of a sleep apnea testing program for New York Metropolitan Transportation Authority (MTA) employees. Read more
 
Just Published
The Second Quarter 2016 edition of The Official Railway Guide (Vol. 149, No. 2) has been shipped to subscribers. Highlights of the latest issue include:

  • Grain Connections, exclusive to this issue.
  • Extensive updates on many of the 30 regional railroad maps.
  • Updated Station Index.
  • New listings for West Belt Railway LLC and Olympia & Belmore Railroad, Inc.
  • Updated contacts at numerous Class I, II and III freight railroads, rail industry associations, and agencies and commissions.


For over a century, The Official Railway Guide has been the most trusted resource for Class I and short line sales & marketing information and maps. To view sample pages from the current issue please click here. Subscribe Now.
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