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Railroad

Amtrak wants $3.6 billion in subsidies. It probably won't get all of that

by Henry Epp
Mar 31, 2023
It's asking for 50% more funding than it received for the current fiscal year.
The rail service provider asked for a whopping $3.6 billion this fiscal year from Congress, which is more than it has ever gotten in its 50-plus years.
Spencer Platt/Getty Images
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Deadline looms for potentially "perilous" nationwide rail strike

by Kai Ryssdal and Sarah Leeson
Nov 28, 2022
The effects of a work stoppage could be felt as soon as Dec. 5. Many in the private sector are looking to Congress for a solution.
A rail strike could affect energy, wastewater treatment and much more. "Rail companies have been pushed to get those better profit margins, better performance on Wall Street, and .... are trying to use as little equipment and staff as possible," says Rachel Premack of FreightWaves.
Mario Tama/Getty Images
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Freight railroad union rejects contract, renewing possibility of a strike

by Lily Jamali
Oct 11, 2022
Working conditions are a major sticking point, particularly draconian schedules, for members of the third-largest railroad union.
By industry estimates, overall costs of a strike could reach $2 billion a day.
Brandon Bell/Getty Images
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Possible train strike could derail supply chain even more

by Kristin Schwab
Sep 12, 2022
A nationwide rail shutdown could cost $2 billion a day, the Association of American Railroads said.
Around half of the goods we import and export touch U.S. railways.
Mario Tama/Getty Images
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Train-hopping in the digital age

by Molly Wood
Jul 2, 2014
A father-son duo recount how technology changed clandestine freight train travel.
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Railroads' earnings -- and their freight -- show where the economy's heading

by Sarah Gardner
Jan 24, 2014
Railroads are shipping less coal, while they're sending packed supply trains to the oil fracking fields of North Dakota.
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Counting what's in freight cars, as Union Pacific reports earnings

by Marketplace Contributor
Apr 18, 2013
If you could see inside the cars on a freight train, you'd know more about which parts of the economy are up -- or down.
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Railroad to make shift to natural gas locomotives

by David Weinberg
Mar 6, 2013
BNSF, the railroad owned by Warren Buffett's Berkshire Hathaway, should profit by switching to cheaper natural gas. Buffett's company also has a big stake in natural gas.
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BNSF Railway to test natural gas locomotives

by Nancy Marshall-Genzer
Mar 6, 2013
BNSF Railway is announcing this morning that it’s trying a new experiment. The railway is going to try running some of its locomotives on natural gas this year, instead of diesel.
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Fiscal Cliff

Short line railroads face tough track ahead

by Blake Farmer
Jan 8, 2013
Even with a new tax break for upgraded train tracks, short line railroads have trouble picking up business.
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