General Information
Brightline on track to begin Las Vegas high-speed rail project
(Source: Progressive Railroading 04/14/2021) Brightline West is on schedule to start construction of a high-speed rail route between Las Vegas and Southern California in the second quarter, the company’s chief executive officer told a Las Vegas newspaper. Brightline West CEO Mike Reininger did not share with the Reno Gazette Journal a definitive date of groundbreaking on the 170-mile…
Read MoreU.S. rail traffic grows in Week 14, but pandemic affects comparisons
(Source: Progressive Railroading 04/15/2021) U.S. railroads reported 513, 724 carloads and intermodal units for the week ending April 10, a 24.5% jump from traffic levels in the same week a year ago, according to Association of American Railroads (AAR) data. Total carloads for the week were 233,300, up 17.4% compared with the same week in 2020, while…
Read MoreLong Beach port logged busiest month in March
(Source: Progressive Railroading 04/13/2021) Although March is traditionally one of the slowest months on the shipping calendar, the Port of Long Beach (POLB), California, last month logged its busiest month and its second-best quarter on record. Dockworkers and terminal operators moved 840,387 20-foot-equivalent units (TEUs) of cargo last month, a 62.3% increase from March 2020, marking the…
Read MoreCP-KCS merger may be the last big rail deal
(Source: Bloomberg, April 12, 2021) NEW YORK — Canadian Pacific Railway Ltd. has finally found the right target to realize its vision for railroad consolidation. The company agreed in March to acquire Kansas City Southern for $275 a share, or about $29 billion including debt. If completed, the merger would be the largest between two…
Read MoreNTSB investigates death of conductor at BNSF facility in Louisiana, Mo.
(Source: Associated Press, April 12, 2021) WASHINGTON, D.C. — The National Transportation Safety Board is investigating the death of a BNSF employee in northeast Missouri. BNSF officials say 56-year-old Buddy Strieker, of Hannibal, died Wednesday while working at a customer facility in Louisiana, Mo. The railroad said Strieker was a conductor who worked BNSF for…
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