This article will list events related to rail transport that occurred in 1938.

Events

February events

• February - A second all-lightweight trainset enters service on the Super Chief.

October events

• October - General Motors Electro-Motive Division introduces the EMD E4.

Unknown date events

• Pennsylvania Railroad's Broadway Limited is completely re-equipped based on an industrial design by Raymond Loewy.
• Overhead wire on the Pennsylvania Railroad's mainline from New York City reaches Harrisburg, Pennsylvania.

Births

Deaths

February deaths

• February 2 - Frederick William Vanderbilt, director of the New York Central system (b. 1856).

October deaths

• October 16 - Henry Fowler, Chief Mechanical Engineer of the Midland Railway 1909–1923 and the London, Midland and Scottish Railway 1925–1931 (b. 1870).

December deaths

• December 1 - David Blyth Hanna, first president of Canadian National Railway (b. 1858).