General Information
UP to serve Ocean Network at West Coast ports
(Source: Progressive Railroading 03/23/2018) Ocean Network Express Pte. Ltd. (ONE) and Ocean Network Express North Americahave selected Union Pacific Railroad to handle intermodal shipments arriving on container ships at West Coast Ports effective April 1. ONE, which has a global fleet of more than 250 vessels, was established by a merger of Japan’s three largest ocean carriers: MOL, NYK…
Read MorePortland to buy two new streetcars
(Source: Progressive Railroading 03/26/2018) Oregon’s Portland Streetcar last week obtained permission from the Portland City Council to buy two new streetcars to boost service frequency. To be manufactured by Brookville Equipment Co., the new units will allow for more frequent service on the streetcar system’s A and B loops connecting downtown Portland and the city’s Central Eastside. The…
Read MoreUP slates $128 million for capex projects in Nebraska, Oregon
(Source: Progressive Railroading 03/26/2018) Union Pacific Railroad has announced a $65 million capital expenditure program for Nebraska and a $63.3 million capex program for Oregon this year. The Class I’s plans for Nebraska include $54.9 million to maintain track and $3 million to maintain bridges. Key projects include $16.3 million to replace more than 110,500 ties…
Read MoreBNSF addresses STB’s service concerns
(Source: Progressive Railroading 03/27/2018) BNSF Railway Co.‘s $3.3 billion capital investment plan will put the railroad in a position to meet customers’ growth and service expectations this year, President and Chief Executive Officer Carl Ice told the Surface Transportation Board (STB) last week. Ice is one of two Class I executives to respond so far to the STB’s…
Read MoreCanada’s crude by rail terminals sit idle as oil glut grows
(Source: Bloomberg, March 27, 2018) NEW YORK — Stranded Canadian crude is waiting for trains to take it to U.S. refineries. Full story: Bloomberg Tuesday, March 27, 2018
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