CSX Q3 2019 earnings results
CSX Corporation yesterday announced third quarter 2019 net earnings of $856 million, or $1.08 per share, versus $894 million, or $1.05 per share in the same period last year (an earnings per
Freight
Union Pacific reports Q3 results
Union Pacific Corporation today reported 2019 third quarter net income of $1.6 billion, or $2.22 per diluted share. This compares to $1.6 billion, or $2.15 per diluted share, in the third quarter
AAR releases rail traffic numbers for week ending October 12
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 12, 2019. For this week, total U.S. weekly rail traffic was 510,820 carloads and intermodal units,
Cybersecurity on freight railroads – a regulatory matter?
Concern over computer hacking of critical infrastructure, and even of our political elections, permeates the entire U.S. The more we come to rely on digital and automated processes, the more dependent we
Goldman Sachs cuts 2020 freight transport earnings outlook
Freightwaves is reporting that Goldman Sachs has revised its outlook on 2020 earnings in the freight transportation sector. The reason is the continued sluggishness in the U.S. economy’s industrial sector, and their
PTC Virtual Lab at Norfolk Southern
Norfolk Southern has created a virtual positive train control (PTC) lab that offers a sophisticated way to test the latest PTC technology without having to do it with live trains on the
Bells & Whistles—Episode 12
What were the top news stories RT&S was following the week ending Oct. 11. Watch the latest Bells & Whistles by clicking here. For the latest news, go to www.rtands.com.
As safety equipment stands idle at dormant railroad crossings, Ohioans question why the state does not recycle
If it cannot be used here, reuse it somewhere else.
AAR traffic report for week ending Oct. 5, 2019
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 5, 2019. For this week, total U.S. weekly rail traffic was 515,061 carloads and intermodal units,
Truck driver suing BNSF over railcar collision
Freightwaves is reporting that the driver of a tractor-trailer truck is suing BNSF for more than $75,000 after being hit on the passenger side by a pair of “uncontrolled” rolling boxcars at
Observations From NEARS Fall Conference: Cowen
Managing Editor’s Note: While the mission of Railway Track & Structures is to provide reporting on topics about or related to railroad engineering, the overall welfare of the railroad industry affects us all.
STB: Container bunching has created unfair demurrage practices; Precision Scheduled Railroading is the culprit
More railcars all at once might force the Surface Transportation Board (STB) to do something once and for all. For now, the STB is recommending shippers and railroad companies work together to
Boehm, Elbert elected to REMSA’s Board of Directors
On September 24, 2019, Bryan Boehm, President Rail, Custom Truck One Source, and Troy Elbert, President, Herzog Services, Inc., were elected to the Railway Engineering-Maintenance Suppliers Association (REMSA) Board of Directors at
Bells & Whistles — Episode 11
What were the top news stories RT&S was following the week ending Oct. 4? Check out the latest episode of Bells & Whistles here. For the latest news, go to www.rtands.com.
Officials spar over railroad track use in New York
There might be too many stones at stake. Warren County, N.Y., officials do not want a section of rail line marked abandoned and switched over to a recreational trail, and one of
AAR releases traffic numbers for week ending 9/28/19 and month of 9/19, with commentary from SVP John Gray
The Association of American Railroads (AAR) yesterday reported U.S. rail traffic for the week ending September 28, 2019, as well as volumes for September 2019. U.S. railroads originated 992,542 carloads in September
REMSA Member Oldcastle Infrastructure Hosts Congressman Dutch Ruppersberger
Today, Congressman Dutch Ruppersberger (D-Maryland) joined the Railway Engineering-Maintenance Suppliers Association (REMSA) and its member Oldcastle Infrastructure at their manufacturing facility in Edgewood, MD. Congressman Ruppersberger spoke with company officials and rail
NTSB releases final report on 2018 Amtrak/CSX train collision in Cayce, S.C.
On Monday, September 30, the National Transportation Safety Board (NTSB) issued its final report on the head-on collision of an Amtrak passenger train with a stopped CSX freight train in Cayce, S.C.
Executive Leadership Changes at CSX
CSX today announced the appointments of Kevin Boone as executive vice president and chief financial officer and Jamie Boychuk as executive vice president of Operations. Ed Harris, who previously led the Operations
Shippers say Class 1 railroad group raked in billions of dollars with unfair fuel surcharges
A number of Class 1 railroad companies have been hit by lawsuits involving fuel surcharges.