R.J. Corman Railroad Services, Cranemasters Inc. and the National Railroad Construction and Maintenance Association (NRC) have asked the Federal Motor Carrier Safety Administration to exempt railroad workers responding to emergencies from certain
Harsco is predicting a surge in revenue in its rail unit for 2019, driven by a backlog and growing demand for maintenance-of-way equipment.
Genesee & Wyoming Railroad Services Inc. is expected to increase its capital spending slightly this year after earnings beat analyst estimates. That’s the takeaway from G&W’s earnings report, released today, and a
Harsco Rail will close its manufacturing facility in Ludington, Mich., as the company consolidates production operations in Columbia, South Carolina. Some 134 workers will be affected, according to local media reports and social-media
BNSF Railway is deploying high-speed onboard cameras capable of recording images, at speeds up to 70 mph, of rail surface defects and other visible flaws like missing bolts, according to a recent
Norfolk Southern is the latest Class 1 railroad to say its 2019 capital spending will be on par with 2018 levels — about $1.8 billion. Jon Zillioux, NS assistant vice president –
The Canadian Pacific Railway will hold its 2019 capital spending to the same US$1.6 billion seen last year, according to fourth-quarter and full-year earnings statements released after the market closed today. That
Kansas City Southern (KCS) plans to increase capital spending to between $640 million and $660 million this year, up substantially from the $530 million in capital expenditures in 2018. But those capex
CSX capital spending will be roughly unchanged in 2019, coming in somewhere between $1.6 billion and $1.7 billion.
U.S. Sen. Chuck Schumer (D-N.Y.) met with Acting U.S. Secretary of Defense Patrick Shanahan last week, and reportedly urged the Department of Defense (DOD) to focus on the construction of a new