Latest Rail transportation industry News

FILE - In this July 31, 2018, file photo a Union Pacific train travels through Union, Neb. Union Pacific Corp. reports financial results Thursday, Jan. 23, 2020. (AP Photo/Nati Harnik, File)

Union Pacific 4Q delivery volume falls, so does its profit

Jan. 23, 2020 11:40 AM EST

OMAHA, Neb. (AP) — Union Pacific's fourth-quarter profit fell 10% as the railroad hauled 11% less freight. The railroad said Thursday that it earned $1.4 billion, or $2.02 per share, in the quarter. That's down from $1.55 billion, or $2.12 per share, a year earlier. The results fell short of Wall Street...

Passengers wear protective face masks at the departure hall of the high speed train station in Hong Kong, Thursday, Jan. 23, 2020. China closed off a city of more than 11 million people Thursday, halting transportation and warning against public gatherings, to try to stop the spread of a deadly new virus that has sickened hundreds and spread to other cities and countries in the Lunar New Year travel rush. (AP Photo/Kin Cheung)

China locking down cities with 18 million to stop virus

Jan. 23, 2020 11:27 AM EST

BEIJING (AP) — Chinese authorities Thursday moved to lock down three cities with a combined population of more than 18 million in an unprecedented effort to contain the deadly new virus that has sickened hundreds of people and spread to other parts of the world during the busy Lunar New Year travel period....

Argument on Minneapolis-area light rail train turns deadly

Jan. 23, 2020 10:41 AM EST

BLOOMINGTON, Minn. (AP) — A man riding on a light rail train in a Minneapolis suburb fatally stabbed a fellow passenger early Thursday following an argument, transit officials said. The argument between two men turned into a physical fight after the northbound Blue Line train left the Mall of America...

Amtrak ends policy resulting in $25,000 bill for activists

Jan. 23, 2020 7:29 AM EST

CHICAGO (AP) — Amtrak has suspended a pricing policy that resulted in a $25,000 travel bill for a group of activists who use wheelchairs heading to an Illinois conference and rally on disability rights. The passenger rail agency had told Chicago-based Access Living its policy was to charge extra to...

In this Thursday, Jan. 16, 2020, photo, homeless man smokes at a homeless camp under a bridge, in Tokyo. Like the U.S., Japan has a relatively high poverty rate for a wealthy nation. It also is less generous with social welfare than countries in Europe, and lacks the sorts of private charities prevalent in the U.S. (AP Photo/Jae C. Hong)

Downtown Tokyo's homeless fear removal ahead of Olympics

Jan. 23, 2020 6:41 AM EST

TOKYO (AP) — Shelters made of cardboard start popping up in the basement of Tokyo's Shinjuku train station right before the shutters come down at 11 p.m., in corridors where “salarymen” rushing home and couples on late-night dates have just passed by. Dozens of homeless people sleeping rough...

Mobile dims chances for Amtrak renewal on Gulf Coast

Jan. 22, 2020 9:21 AM EST

MOBILE, Ala. (AP) — Leaders in Alabama's port city of Mobile are dimming chances for reviving passenger train service along the northern Gulf Coast. Member of the City Council's finance committee withheld support for funding service through Alabama's port city during a meeting Tuesday. Al.com reported the...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 22, 2020. Shares advanced in early Asian trading after a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets. (AP Photo/Ahn Young-joon)

Asian shares higher after selloffs spurred by Chinese virus

Jan. 21, 2020 11:08 PM EST

Shares mostly rose in early Asian trading on Wednesday after a slide in U.S. stocks overnight as a virus outbreak in China rattled global markets. Japan's Nikkei 225 index climbed 0.6% to 24,013.15 and the Kospi in South Korea surged 0.8% to 2,256.95. In Hong Kong, the Hang Seng jumped 0.8% to 28,216.78. The...

Workers spray antiseptic solution in the arrival lobby amid rising public concerns over the possible spread of a new coronavirus at Incheon International Airport in Incheon, South Korea, Tuesday, Jan. 21, 2020. Heightened precautions were being taken in China and elsewhere Tuesday as governments strove to control the outbreak of a novel coronavirus that threatens to grow during the Lunar New Year travel rush. (Suh Myung-geon/Yonhap via AP)

As virus spreads, anxiety rises in China and overseas

Jan. 21, 2020 4:54 PM EST

WUHAN, China (AP) — Face masks sold out and officials at airports and train stations checked passengers for fevers as China on Tuesday sought to control the outbreak of a new virus that has reached four other countries and territories and threatens to spread further during the Lunar New Year travel rush....

Murphy: NJ Transit fares won't rise in next fiscal year

Jan. 21, 2020 11:39 AM EST

KEARNY, N.J. (AP) — Fares on New Jersey Transit buses and trains won't rise in the next fiscal year, Democratic Gov. Phil Murphy said Tuesday. At a graduation ceremony for new engineers, Murphy said his proposed budget to go into effect in July will be the third in a row not to raise fares on the state's...

Jersey City acting quickly on parking tax increase

Jan. 21, 2020 10:33 AM EST

JERSEY CITY, N.J. (AP) — A New Jersey community is taking quick steps to raise parking fees for out-of-towners under a law signed recently by Gov. Phil Murphy. Jersey City's council will consider a measure to increase parking fees by 3.5 percent in the next few weeks, Mayor Steven Fulop said Monday. ...