About a year ago, RT&S has reported on accusations of individual shippers and shipper groups (which has now grown to 200 shippers) that BNSF, CSX, NS and UP colluded to fix prices through fuel-surcharge programs beginning in 2003.
OmniTRAX is celebrating the opening of the Savannah Gateway Industrial Hub.
The U.S. Department of Transportation (USDOT) [yesterday] announced it is seeking applicants for the Fiscal Year (FY) 2021 round of the Infrastructure for Rebuilding America (INFRA) discretionary grant program.
North America is experiencing a severe winter storm, the likes of which we haven’t seen in a long time.
Advanced Rail Systems is deeply saddened to announce the sudden passing of its founder and CEO, Coy Beaman.
Royal Dutch Shell yesterday announced that the company’s oil production peaked in 2019, and they expect a gradual decline. moving forward.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 6, 2021.
When railroads were built, clearance concerns were limited to boxcars, hopper cars, and other general freight cars.
Ed. Note: While precision scheduled railroading has called for the transformation of a number of Class 1 hump yards to flat switching around the country, many humps still operate. The story below,
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 30, 2021, as well as volumes for January 2021. January 2021 U.S. railroads originated 930,303 carloads
A Goderich-Exter Railway (a short line owned by Genesee & Wyoming) freight train that runs between Goderich and Stratford, Ont. yesterday began rolling backward down a hill toward Goderich Harbor yesterday, collided
R. J. Corman Railroad Group, today announced that it has appointed former U.S. Department of Transportation FRA Administrator Ronald L. (Ron) Batory to its Board of Directors. Prior to his service in
The Broe Group’s transportation affiliate, OmniTRAX Inc., has named Dean Piacente its Chief Executive Officer. Piacente, an accomplished Class I rail leader with more than 20 years of tenure as a CSX
Canadian Pacific Railway Limited yesterday announced its fourth-quarter results, including revenues of $2.01 billion, a record-low operating ratio (“OR”) of 53.9 percent, diluted earnings per share (“EPS”) of $5.95 and record adjusted
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 23, 2021. For this week, total U.S. weekly rail traffic was 529,030 carloads and intermodal units,
Norfolk Southern Corporation today reported fourth-quarter and full-year 2020 financial results. Fourth-quarter net income was $671 million, diluted earnings per share were $2.64, and the operating ratio improved to an all-time quarterly
Canadian National [announced today] that its diluted earnings per share (EPS) grew 17 per cent, and 14 per cent on an adjusted basis in the fourth quarter, while free cash flow for
Last week, one day after President Biden’s inauguration, Transportation Secretary-designate Pete Buttigieg, the former mayor of South Bend, Ind., and presidential candidate during the Democratic primaries in 2020, appeared before the Senate
Kansas City Southern (KCS) (NYSE:KSU) reported strong fourth quarter and full year 2020 results, despite significant operating and economic challenges. Fourth Quarter 2020 Fourth quarter revenues were $693.4 million, a decrease of
CSX Corp. [yesterday] announced fourth quarter 2020 net earnings of $760 million, or $0.99 per share. These results include a charge of $48 million, or $0.05 per share after-tax, related to the