Infinity launches Salt Lake City-Chicago intermodal service, shakes up exec team

Infinity Intermodal launched its expedited, temp-controlled intermodal service from Salt Lake City to Chicago (with return service from Chicago to Salt Lake City) in May 2020. The new service is three days

Rail traffic drops to lowest level since 1989

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending May 2, 2020, as well as volumes for April 2020. U.S. railroads originated 980,535 carloads in April

Association of American Railroads weekly traffic report

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 25, 2020. For this week, total U.S. weekly rail traffic was 414,123 carloads and intermodal units,

Norfolk Southern reports Q1 2020 financial results

Norfolk Southern Corporation today reported first-quarter financial results of net income equal to $381 million, diluted earnings per share of $1.47, and an operating ratio of 78.4%. These results include a $385

Some shippers facing shortage of preferred 20-foot containers

Watching an intermodal train roll by at track speed gives one a quick look at all of the different sizes of containers. Why are there different sizes? What are the economic factors

Canadian National posts Q1 2020 financial results

Canadian National yesterday reported its financial and operating results for the first quarter ended March 31, 2020. “CN’s team of dedicated railroaders has demonstrated the Company’s ability to overcome difficult situations and

Union Pacific reports Q1 2020 financial results

Union Pacific Corporation today reported 2020 first quarter net income of $1.5 billion, or $2.15 per diluted share. This compares to $1.4 billion, or $1.93 per diluted share, in the first quarter

CSX

CSX announces Q1 2020 financial results

CSX Corp. [yesterday] announced first quarter 2020 net earnings of $770 million, or $1.00 per share, versus $834 million, or $1.02 per share in the same period last year. CSX’s operating ratio

Association of American Railroads traffic report for the week ending April 18, 2020

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 18, 2020. For this week, total U.S. weekly rail traffic was 403,283 carloads and intermodal units,

Association of American Railroads traffic report for week ending April 11, 2020

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 11, 2020. For this week, total U.S. weekly rail traffic was 412,503 carloads and intermodal units,

Choppy financials facing railroads for the next two quarters

It’s rail earnings reporting time again, with most Class 1s teed up to report first-quarter 2020 earnings within the next few weeks. While first quarter earnings are likely to reflect the impact

Podcast: The power of the P3

Strategic Rail Finance Chairman and CEO Michael Sussman and President John Elliott discuss how railroads can leverage P3 (public-private partnership) resources to grow business with Railway Age Editor-in-Chief William C. Vantuono. For the

U.S. DOT gives Port of Long Beach millions for realignment railroad project

The U.S. DOT is giving the Port of Long Beach $14.5 million, which will go towards the Terminal Island Wye Track Realignment railroad project. When the project is complete trains will be

Association of American Railroads traffic report for the week ending April 4, 2020

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 4, 2020. For this week, total U.S. weekly rail traffic was 429,095 carloads and intermodal units,

ZTR and BlackBerry team up to offer railcar monitoring

ZTR, a market leader in delivering innovative locomotive modernization solutions, and BlackBerry Limited , a trusted security software company, are combining their proven technology expertise to offer railcar owners, operators and suppliers

Norfolk Southern says coronavirus poses financial risks

Norfolk Southern yesterday added its voice to the chorus of Class 1 railroads that have reported to the Securities & Exchange Commission (SEC) that the coronavirus pandemic could have a significant impact

Association of American Railroads traffic report for March and the week ending March 28, 2020

The Association of American Railroads (AAR) yesterday reported U.S. rail traffic for the week ending March 28, 2020, as well as volumes for March 2020. U.S. railroads originated 899,673 carloads in March

CSX

Coronavirus could impact financial returns according to Union Pacific, CSX

Significant financial impacts could result from the coronavirus pandemic, according to Union Pacific and CSX, FreightWaves reports. The statements by CSX and Union Pacific were included in reports filed with the Securities

“Isolate and operate” is the plan for Georgia ports

The Georgia ports of Savannah and Brunswick have continued to operate since the coronavirus landed on U.S. shores, and they turned in record performances during the month of February. The Port of

Association of American Railroads weekly traffic report

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending March 21, 2020. For this week, total U.S. weekly rail traffic was 459,966 carloads and intermodal units,

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