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.
Facing the most puzzling economy he has ever seen, CSX CEO James Foote is watching the market slowly fall to pieces.
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
Norfolk Southern (nscorp.com) announced that it is returning to normal operations in the New Orleans area. Traffic headed to or through New Orleans will be delayed 24 to 48 hours. Norfolk Southern
Congressman Dan Kildee (D-MI-5) was a guest of the Lake State Railway (LSRC) on June 28, 2019. The Lake State Railway is a member of the American Short Line and Regional Railroad
CSX track work in North Carolina will impact Amtrak schedules between July 22 and September 19. The Carolinian, for example, will be canceled Monday through Thursday, but operate on its normal schedule
At a ceremony in Grand Forks, N.D., Northern Plains Rail Services (NPRS) broke ground on its Grand Plains Rail Center–a rail car servicing and repair facility now under construction on industrial-zoned lands
Kentucky is looking to improve multimodal freight transportation across the state, as evident by $2.5 million in funding grants that was recently released by the Kentucky Transportation Cabinet (KYTC) and the Division
Norfolk Southern issued a service alert this morning reporting that shipments to and through New Orleans, LA are being impacted by the Flood Protection Authority’s closure of flood gates due to Tropical
Union Pacific will announce Q2 2019 earnings on Thursday, July 18 at 8:45 Eastern Time via a presentation that will be broadcast live over the internet and via teleconference.
Getting the Walk Bridge project in New Haven, Conn., off the ground has not been an easy stroll. A conservative group prefers to make the new railroad bridge a fixed structure rather
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 6, 2019. For this week, total U.S. weekly rail traffic was 448,459 carloads and intermodal units,
You have 24 hours. That’s it. With precision scheduled railroading now in the driver’s seat, Union Pacific is cracking down on customers who take longer than 24 hours to remove containers at
The Association of American Railroads released a statement today on rail traffic results for June 2019. According to the AAR, U.S. railroads originated 1,023,394 carloads in June 2019, down 5.3 percent,
The Brotherhood of Locomotive Engineers and Trainmen (BLET) wants Congress working on the next trade agreement between the U.S., Mexico and Canada—the USMCA—to have a special provision. The union wants any train
Norfolk Southern Corporation will announce its second-quarter financial results during a conference call and live internet webcast at 8:45 a.m. EDT on Wednesday, July 24, 2019. Quarterly earnings results will be released
The 416 Fire in Colorado last June created one big devastating number: 54,000. That is how many acres were destroyed during the blaze, which lasted five months and also crippled the local
Canadian National Railway announced today that western Canadian grain movement during June exceeded 2.3 million metric tons (MMT), compared to the three year average of 1.80 MMT and June 2018’s result of
The Southern Environmental Law Center is taking the N.C. Railroad to court because it believes the track company needs to be treated like everybody else.
The railroad company that owns a line around the eastern shore of Virginia is petitioning to abandon the route. The move has officials wondering what they want to do with the land.
NORFOLK — Norfolk Southern rolled out the first phase of its precision scheduled railroading (PSR) effort, called the TOP21 operating plan on Friday, June 28. The railroad says the plan will “improve