Related joint venture purchases short-liner; more could be on the way
Related Companies wants to acquire more related subject matter … and that includes short-line railroad companies.
Freight
Another week of rail carload and intermodal traffic declines
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending August 3, 2019, as well as volumes for July 2019.
Port of Long Beach project will streamline rail operations
The Port of Long Beach, one of the greenest ports in the world, has selected HDR to perform the final design as it moves ahead with its $870 million effort to streamline
BNSF releases Q2 2019 financial results
BNSF has announced Q2 2019 financial results — Total revenues were $5.89 billion, compared to Q2 2018 revenues of $5.88 billion, essentially flat; Operating expenses dropped to $3.89 billion from $4 billion
GAO PTC report – update
RT&S reported Thursday (Aug. 1) that the Government Accounting Office (GAO) released a statement saying that while the railroads are making good progress on the installation of Positive Train Control (PTC) on
Value of material of Indiana track set for removal may have been grossly overestimated
The value of salvaging the Nickel Plate railroad tracks in Hamilton County, Ind., may have been grossly overestimated, according to four bidders who “competed” for the job.
On appeal, BNSF flagger did not protect welder at rail yard
A court of appeals has ruled against BNSF in a case involving a welder who had to have his foot amputated after it was run over by an excavator.
Canadian National releases 2019-2020 grain plan
Canadian National Railway announced that it has published its 2019-2020 Grain Plan and that it has established a CN Agricultural Advisory Council.
Canadian Pacific carrying more grain than ever before
Canadian Pacific moved more Canadian grain and grain products during the 2018-2019 crop year than any year in its history. The final tally for the crop year stands at 26.8 million metric
See drone video of third train derailment in Iowa over the last 18 months
Crews in northwest Iowa are beginning to clear a derailment that happened the evening of July 31. No injuries have been reported at this time.
Canadian Pacific joins Blockchain in Transport Alliance
Canadian Pacific has joined the Blockchain in Transport Alliance (BiTA). In joining the alliance, CP is supporting BiTA’s mission of producing blockchain standards that allow for interoperability between participants in the global
GAO reports PTC focus turning to interoperability
The Government Accounting Office released a statement yesterday pointing out that much work remains to be done for the railroad industry to achieve interoperability among individual PTC systems. The statement says “Full
Indiana track set to be removed and sold for scrap
Save the Nickel Plate led an effort to try and save a railroad line in Hamilton County, Ind. In the end, however, the Plate just did not have enough meat on it.
With PTC on 90 percent of required routes, railroad industry gets high marks on progress
The rail industry is coming down the final stretch, even if that stretch is 8,000 route miles long.
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,
Karl Alexy named FRA chief safety officer
Karl Alexy has been named the Associate Administrator for Railroad Safety and Chief Safety Officer of the Federal Railroad Administration (FRA). He was most recently the FRA’s Deputy Associate Administrator for Railroad
Sale of New Hampshire short-liner goes bust
Short line railroad company New England Southern is going to keep its name … for now.
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