Archive for March 9, 2018
PTC costs to shut Utah commuter line
(Source: Railway Age 02/21/2018) Written by Stuart Chirls, Senior Editor Transit officials in Utah plan to suspend services on a segment of commuter rail connecting the suburbs north of Salt Lake City, citing the prohibitive cost of complying with new federal safety rules mandating PTC (Positive Train Control). FrontRunner commuter rail service to Pleasant View, with the lowest ridership…
Read MoreCSX on plan: More job cuts, capex to shrink
(Source: Railway Age 03/02/2018) Written by Stuart Chirls, Senior Editor Management at CSX are staying the course set by E. Hunter Harrison. Executives told investors Thursday that they would continue the streamlining begun by Harrison, improving profits by making do with fewer railcars, locomotives and trains, eliminating jobs, slashing capital expenses, and selling off portions of the network.…
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