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Posts published in July 2018

ScotRail announces mobile ticketing pilot

ScotRail announces mobile ticketing pilot 30 Jul 2018 UK: ScotRail is to launch a mobile ticketing pilot scheme which will enable passengers to buy, store and use tickets directly from a smartphone app, removing the need for paper tickets or smart cards. Developed by the Nevis Technologies joint venture of transport authority Strathclyde Partnership for…

Report: Short lines contribute significantly to U.S. economy

Rail News Home Federal Legislation & Regulation 7/26/2018 Rail News: Federal Legislation & Regulation Report: Short lines contribute significantly to U.S. economy The regional and short-line rail industry added billions of dollars in value to the U.S. economy in 2016, according to an economic impact report released today by the American Short Line and Regional…

Feds: CSX to pay $2.2 million in penalties for derailment, oil spill

Rail News Home Federal Legislation & Regulation 7/26/2018 Rail News: Federal Legislation & Regulation Feds: CSX to pay $2.2 million in penalties for derailment, oil spill A National Transportation Safety Board (NTSB) photo of the derailment site. Photo – ntsb.gov The federal government and state of West Virginia this week announced a proposed settlement that…

UPDATE 3-CN Rail tops profit estimates on higher freight volumes

(Adds comments from conference call) July 24 (Reuters) - Canadian National Railway Co on Tuesday reported a better-than-expected quarterly profit and raised its forecast for full-year adjusted earnings as the railroad moved higher volumes of commodities including grains and fertilizers at better pricing. Canada's largest railroad expects to move higher volumes in the second half…

UPDATE 2-CN Rail tops profit estimates on higher freight volumes

(Adds analysts' estimates, outlook, shares) July 24 (Reuters) - Canadian National Railway on Tuesday reported a better-than-expected quarterly profit and raised its forecast for full-year adjusted earnings as the railroad moved higher volumes of commodities including grains and fertilizers. The company said it now expected adjusted earnings of C$5.30 to C$5.45 per share, compared with…

UPDATE 1-CN Rail profit jumps 27 pct on higher freight volumes

(Adds details on earnings) July 24 (Reuters) - Canadian National Railway reported a 27 percent jump in quarterly profit on Tuesday as the railroad moved higher volumes of commodities including grains and fertilizers. Total carloads, the amount of freight loaded into cars during a specified period, rose 5.8 percent, while rail freight revenue per carload…

Feds OK next phase of testing on RTD’s G Line

Rail News Home Federal Legislation & Regulation 7/23/2018 Rail News: Federal Legislation & Regulation Feds OK next phase of testing on RTD's G Line The line was originally slated to open for passenger service in fall 2016. Photo – Denver RTD Denver's Regional Transportation District (RTD) has received approval from the Federal Railroad Administration (FRA)…

Court ruling allows Amtrak, FRA to set on-time standards

Rail News Home Federal Legislation & Regulation 7/23/2018 Rail News: Federal Legislation & Regulation Court ruling allows Amtrak, FRA to set on-time standards A federal appeals court ruled last week that Amtrak and the Federal Railroad Administration (FRA) should be allowed to set their own standards for measuring on-time performance of passenger-rail service.The 2-1 ruling…