SACRAMENTO, Calif. — Amtrak is buying 70 new electric locomotives to provide improved performance and reliability for its Northeast intercity passenger rail services.

VANCOUVER — Claude Mongeau, president and chief executive officer of CN, said market-based innovation and greater supply chain collaboration are the keys to making Canada the most productive and efficient Asian gateway on the Pacific coast.

OMAHA, Neb. — Union Pacific Railroad legendary steam locomotive No. 844 will pull a special train celebrating the 50th anniversary when No. 844 was moved from Council Bluffs, Iowa, to Cheyenne, Wyo., and placed in special train service. The train is a fundraising special for the Union Pacific Railroad Museum.

WASHINGTON – U.S. Transportation Secretary Ray LaHood announced that 54 high-speed rail projects in 23 states will share in $2.4 billion to continue developing America’s first nationwide program of high-speed intercity passenger rail service.

WASHINGTON — The Surface Transportation Board announced it will hold a Nov. 30 oral argument in the case entitled State of Montana v. BNSF Railway Co.

MONTREAL — CN said locomotive engineers and conductors who work on its rail lines in eastern Quebec and northeastern New Brunswick have ratified a new collective labour agreement.

NORFOLK, Va. — Norfolk Southern Corp. reported third-quarter 2010 net income of $445 million, an increase of 47 percent, compared with $303 million for third-quarter 2009. Diluted earnings per share were $1.19, up 47 percent, compared with $0.81 per share in the third quarter of 2009.

MONTREAL — CN announced it has reached a tentative labour agreement with the Teamsters Canada Rail Conference (TCRC) union representing locomotive engineers who work on the Company’s Northern Quebec Internal Short Line (NQISL).
The agreement, retroactive to Dec. 15, 2009, would apply to 45 employees, providing them wage increases and benefit improvements. Details of the agreement are [...]

CALGARY — Canadian Pacific Railway announced a 15 percent increase in third quarter revenues with gains across most lines of business.

MONTREAL — CN reported its financial and operating results for the third quarter and nine-month period ended Sept. 30.