MarketWatch reports that Norfolk Southern and CSX stocks dropped shortly after trading began Tuesday morning, which caused the Dow Jones Transportation Average to drop 12 points, or 0.1%. In contrast, the Dow Jones
Lowering tracks will help lift up the economy in the Phoenix area. That is the claim of U.S. Transportation Secretary Elaine Chao after the U.S. DOT handed Phoenix a $24 million federal
Canadian Pacific (CP) unveiled five specially painted locomotives on Remembrance Day in Canada and Veterans Day in the U.S. honouring the culture and history of the armed forces. The five Electro-Motive Diesel
Norfolk Southern experienced a mainline crash and derailment on Friday afternoon, Nov. 8 in Luxor, Pa., approximately 40 miles east of Pittsburgh.
The National Grain and Feed Association (NGFA) would like to see the Surface Transportation Board (STB) make more of a statement regarding Class 1 demurrage and accessorial practices.
What were the top news stories RT&S was following this week? Check out our latest Bells & Whistles.
[For two days in late October], Canadian Pacific brought together short line railroads and transload operators to nurture collaboration and develop efficient service offerings to customers, with the goal of fostering sustainable,
The Transportation Trades Department of the AFL-CIO released a statement about its view of precision scheduled railroading and the impact it’s having on freight railroads in America. Below are some excerpts from
Record Month and Strong Results Despite Challenging Weather Canadian National announced that its Western Canadian grain movements broke another record in the month of October, with shipments of 2.8 million metric tonnes
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 2, 2019, as well as volumes for October 2019. U.S. railroads originated 1,224,477 carloads in October
Tuesday, November 5, was not a happy day for 153 Norfolk Southern workers. The railroad laid off 95 employees at the Juniata Locomotive Shop in Altoona, Pa., and 58 workers at the
Layoffs continue to be part of the equation for Class 1 railroad companies in the U.S. Norfolk Southern announced 58 workers have been furloughed in the DeButts yard in Chattanooga, Tenn. Norfolk
The government of Alberta, Canada announced today that starting in December, production limits on companies that produce oil will be raised, but any additional production must go by rail instead of pipelines.
Canadian National may be facing a strike from its employees represented by the Teamsters Canada Rail Conference. The contract between the railroad and the union expired in July, and if an agreement
According to Surface Transportation Board statistics, the total number of railroad employees dropped from 148,171 in September 2018 to 136,865 in September 2019. That is 11,306 fewer employees, or -7.63% year over year.
Canadian National last week reported its financial and operating results for the third quarter ended September 30, 2019. “CN delivered strong results, despite a softening economy,” said JJ Ruest, president and chief
Several states are pushing back on the notion that regulation of crude oil trains in the United States belongs in the hands of the federal government, as opposed to being regulated by
Canadian Pacific Railway Limited today announced record third-quarter revenues of $1.98 billion, and reported diluted earnings per share (EPS) of $4.46, or $4.61 on an adjusted diluted EPS basis. The Company also
The Association of American Railroads (AAR) yesterday reported U.S. rail traffic for the week ending October 19, 2019. For this week, total U.S. weekly rail traffic was 507,381 carloads and intermodal units,
Norfolk Southern Corporation yesterday reported third-quarter financial results. Third-quarter net income was $657 million and diluted earnings per share were $2.49. The operating ratio for the quarter was 64.9%, a third-quarter record
