The conglomerate saw major gains in its insurance operations and in investment income. But revenues at its railroad and utility businesses declined from 2022.
Category: Railroads
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Norfolk Southern Agrees to Try Out Federal Safety Reporting Program
The company, which operated the train that derailed in East Palestine, Ohio, is the first major freight railroad to join a federal program that allows workers to report safety issues.
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Since the East Palestine, Ohio, Train Derailment, Accidents Have Risen
The total number of accidents for the top five freight railroads increased, and Congress still hasn’t passed legislation to prevent similar disasters.
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German Rail Workers Strike Over Pay and Hours
The walkout, one of the most significant to hit the country’s train service in years, is expected to affect long-distance and commuter travel nationwide.
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Will My Next Trip Be by Train Instead of Plane?
In Europe, Asia and the U.S., new and expanded train service is making rail a viable alternative to flying.
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After Years of Delays, Amtrak Moves Toward Faster Trains in the Northeast
A new train for the busy Washington to Boston route has finally passed a computer modeling test and is set for tryouts on the tracks. Amtrak has no date yet for when it can carry passengers.
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Why London’s Tube Is Shutting Down Next Week
Large strikes by workers on the London Underground are expected to cripple the capital’s transportation network for several days.
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In Europe, a Rail Renaissance is Underway
Amid concerns about climate change, demand for rail service is strong, and both governments and private investors are trying to keep up. Even Eurostar may see competition on its London-Paris route.
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Eurostar Halts Service Because of Surprise Channel Tunnel Strike
An unexpected walkout led Eurostar to cancel most trains traveling between London and continental Europe days before Christmas, causing chaos for passengers.
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Eurostar to Suspend Amsterdam to London Service for 6 Months
The no-transfer rail connection from the Dutch capital to London will close starting in June. A new terminal for Eurostar passengers is set to open at Amsterdam’s main rail station in 2025.
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Tea, a Train and an Epic Sunrise at a Summer Retreat of the Raj
Darjeeling, in the Himalayan foothills, is famous for its tea, its elevated railroad and the view of dawn breaking over Mt. Everest. A writer fulfilled a childhood dream of visiting.
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This Thanksgiving, Here’s What to Know About Holiday Travel
With about 30 million travelers expected to jam U.S. airports this year and storms in the forecast, you may want to take an extra helping of patience, too.