The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 2, 2019, as well as volumes for October 2019. U.S. railroads originated 1,224,477 carloads in October
Tuesday, November 5, was not a happy day for 153 Norfolk Southern workers. The railroad laid off 95 employees at the Juniata Locomotive Shop in Altoona, Pa., and 58 workers at the
“CRRC AND BEIJING’S DASH FOR GLOBAL ROLLING STOCK DOMINANCE,” a report prepared by Radarlock, which describes itself as “a research organization that uses data-driven analysis to understand techno-economic dynamics in world affairs,”
The name “Quad Cities” refers to five U.S. cities, three in Illinois and two in Iowa located along the Mississippi River. The Illinois cities are Moline, Rock Island, and East Moline, and
Consideration of high-speed passenger rail service between Vancouver, Seattle, and Portland has been underway for several years. Now, the first conference to discuss this in detail will be hosted next week (November
The government of Alberta, Canada announced today that starting in December, production limits on companies that produce oil will be raised, but any additional production must go by rail instead of pipelines.
The Federal Railroad Administration (FRA) recently published a Notice of Grant Funding Opportunity (NOFO) for a shade over $24 million for the Magnetic Levitation Technology Deployment Program (Maglev Grants Program). The funding
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 26, 2019. For this week, total U.S. weekly rail traffic was 513,147 carloads and intermodal units,
Canadian National may be facing a strike from its employees represented by the Teamsters Canada Rail Conference. The contract between the railroad and the union expired in July, and if an agreement
According to Surface Transportation Board statistics, the total number of railroad employees dropped from 148,171 in September 2018 to 136,865 in September 2019. That is 11,306 fewer employees, or -7.63% year over year.
Unless rail customers own their own cars, they either use ones owned by the railroad or they lease them. One of the largest freight car and locomotive lessors is GATX Corporation, which
Canadian National last week reported its financial and operating results for the third quarter ended September 30, 2019. “CN delivered strong results, despite a softening economy,” said JJ Ruest, president and chief
Several states are pushing back on the notion that regulation of crude oil trains in the United States belongs in the hands of the federal government, as opposed to being regulated by
The Birmingham Business Journal is reporting that the Southern Rail Commission has received a $4.36 million grant to restore rail service to the Gulf Coast. The grant was awarded by the U.S.
Canadian Pacific Railway Limited today announced record third-quarter revenues of $1.98 billion, and reported diluted earnings per share (EPS) of $4.46, or $4.61 on an adjusted diluted EPS basis. The Company also
The Association of American Railroads (AAR) yesterday reported U.S. rail traffic for the week ending October 19, 2019. For this week, total U.S. weekly rail traffic was 507,381 carloads and intermodal units,
Norfolk Southern Corporation yesterday reported third-quarter financial results. Third-quarter net income was $657 million and diluted earnings per share were $2.49. The operating ratio for the quarter was 64.9%, a third-quarter record
The U.S. Department of Transportation’s (USDOT) Pipeline and Hazardous Materials Safety Administration (PHMSA), in coordination with the Federal Railroad Administration (FRA), announced that it is publishing a notice of proposed rulemaking (NPRM)
Third Quarter 2019 Results Record revenues of $747.7 million, an increase of 7% from prior year on flat volumes Operating income of $282.0 million. Record adjusted operating income of $294.0 million up
VisioStack Inc. has entered into an agreement with Grupo EFE to provide data management and analytics services. Grupo EFE, which is based in Santiago, Chile, provides both passenger and freight services throughout