Green’s Dictionary of Slang

red light v.

[the red rear-lights of the train or car recede into the distance]
(US)

to kill someone by pushing them from a moving train.

[US]D. Hammett ‘Too Many Have Lived’ in Nightmare Town (2001) 313: What’s the circus and carnival slang for kicking a guy off a train while it’s going? Red-lighting. Sure, that’s it.
[US]Monteleone Criminal Sl. (rev. edn) 191: red light [...] to kill.
[US]F. Brown Madball (2019) 122: The time on the freight train when he’d red-lighted the loud-mouthed shade.
[US]Ragen & Finston World’s Toughest Prison 815: red light – To do away with.