Rail traffic continues downward trend
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 27, 2019. For this week, total U.S. weekly rail traffic was 534,498 carloads and intermodal units,
Class 1
Senate Commerce Committee reviews PTC status tomorrow
Rail freight industry representatives and other officials will appear before the Senate Commerce Committee tomorrow, Wednesday, July 31, to brief lawmakers on the status of Positive Train Control (PTC) technology implementation on
CN moving grain at record pace
Class 1 railroad company CN announced on July 29 that it moved more Canadian grain during the 2018-2019 crop year than ever before and set multiple new records despite the restrictions on
Canadian National and General Motors strengthen partnership
Canadian National Railway announced today that it has reached a new multiyear agreement with General Motors for the transportation of finished vehicles and assembly parts. GM will also be the first customer
Shippers meet with House Transportation and Infrastructure Committee to discuss PSR
The U.S. House Transportation and Infrastructure Committee held a rail transportation roundtable with shippers yesterday to discuss the problems facing farmers, manufacturers and energy companies stemming from the implementation of precision scheduled
Norfolk Southern posts record Q2 results for 2019
Norfolk Southern Corporation today reported second-quarter financial results.
Canadian National reports record Q2 results for 2019
Canadian National Railway reported record second-quarter financial results for 2019.
NTSB: CSX, workers responsible for South Carolina wreck
What was once a bad week for CSX has now turned into a bad month.
Ray-Mont Logistics announces new pellet export facility to be served by Canadian National
Ray-Mont Logistics is proud to announce that a new, innovative, high tech facility for bagging plastic pellets in containers and shipping them out of the Port of Prince Rupert is currently being
CSX joins Maryland in Howard Street Tunnel reconstruction
Even tunnels want to be taller.
Norfolk Southern announces successful TOP21 rollout
Norfolk Southern announced today that the implementation of its new TOP21 operating plan, begun during the first week in July, resulted in “a seamless changeover with minimal impact to customer service and
In thriving economy, Class 1s sharpening the axe when it comes to jobs
Despite record-setting second quarter growth by some Class 1 companies, employee numbers continue to drop in the railroad industry.
Norfolk Southern keeps Iron Curtain bridge in raised position
They are raising the Iron Curtain … for good.
CSX recognized for disability inclusion in the workplace
CSX has been recognized as a “Best Place to Work for Disability Inclusion” by Disability:IN and the American Association of People with Disabilities (AAPD), scoring 100 percent on the 2019 Disability Equality
Union Pacific CEO agrees with CSX, says trade tensions are troubling
Union Pacific joined in on the claim that trade tensions are having a negative impact on the railroad industry in the U.S. CSX, however, appears to be alone when it comes to
Kansas City Southern reports record second quarter results
Second Quarter 2019 Results Record revenues of $714 million, an increase of 5 percent from prior year on flat volumes Operating income of $208 million. Record adjusted operating income of $259 million,
Union Pacific reports record Q2 financial results
Union Pacific Corporation (NYSE: UNP) today reported 2019 second quarter net income of $1.6 billion, or $2.22 per diluted share. This compares to $1.5 billion, or $1.98 per diluted share, in the
Weekly rail traffic slips again
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 13, 2019. For this week, total U.S. weekly rail traffic was 527,908 carloads and intermodal units,
Puzzling economy dragging down CSX revenue
Facing the most puzzling economy he has ever seen, CSX CEO James Foote is watching the market slowly fall to pieces.
Canadian Pacific reports record Q2 revenues of $1.98 billion
Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced record second-quarter revenues of $1.98 billion, an increase of 13 percent from last year, and record earnings per share (EPS) with reported