Norfolk Southern suffers derailment that spilled coal into the Roanoke River

This past Friday night at about 10:15, Norfolk Southern suffered a train derailment near Salem, Va., resulting in 22 cars leaving the track, with 12 loaded coal cars ending up in the

U.S. DOT expands eligibility under streamlined rail financing program

The U.S. Department of Transportation today announced that it will expand eligibility and provide more flexibility for a pilot program to expedite long-term, low-cost loans for America’s short line and regional railroads.

Carloads still down; intermodal continues to show healthy increase

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 24, 2020. For this week, total U.S. weekly rail traffic was 522,653 carloads and intermodal units,

Norfolk Southern sees revenue drop 12% in Q3 2020

Norfolk Southern Corporation today reported financial results for the quarter ended September 30, 2020. During the quarter, the company achieved net income of $569 million, diluted earnings per share of $2.22, and

New technology joint venture to transform rail shipping

Last week, Norfolk Southern, GATX Corporation, Genesee & Wyoming, TrinityRail, and Watco announced a venture to create a new technology platform that will help transform rail shipping in the 21st century. The

Intermodal continues strong showing

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 17, 2020. For this week, total U.S. weekly rail traffic was 518,763 carloads and intermodal units,

‘Nimble and responsive to market demand’ — CN reports Q3 2020 results

Canadian National [yesterday] reported its financial and operating results for the third quarter ended September 30, 2020. “CN’s people never stopped working since the beginning of the pandemic and I am proud

Canadian Pacific reports sub-60 operating ratio and revenues of $1.86B

Canadian Pacific Railway Limited today announced third-quarter revenues of $1.86 billion, diluted earnings per share (“EPS”) of $4.41, adjusted diluted EPS of $4.12 and an operating ratio of 58.2 percent. “This quarter

BNSF chooses to repair, not replace, Salmon Bay Bridge

BNSF Railway has been exploring options to address issues with the counterweight system on our rail bridge that crosses Salmon Bay. Over the years, BNSF has invested millions to extend the operational

Combined total of carloads and intermodal up slightly last week

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 10, 2020. For this week, total U.S. weekly rail traffic was 520,452 carloads and intermodal units,

Virginia Port Authority receives $20 million for rail yard project

The Port of Virginia needs to complete a rail yard expansion at its Norfolk International Terminals, and will receive a federal grant of just over $20 million through the U.S. DOT’s Port

CSX suffers derailment in Atlanta suburb

A CSX freight train derailed in the Atlanta suburb of Lilburn, Ga. on Sunday at approximately 2:00 a.m. The train had about 170 cars, and 38 derailed, including several cars loaded with

Norfolk Southern continues to monitor Hurricane Delta

According to the New York Times, Louisiana has been hit by six major storms since June 2020, and the cleanup from Hurricane Laura, which hit the state in August, is still not

U.S. intermodal traffic continues to show strength

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 3, 2020, as well as volumes for September 2020. U.S. railroads originated 1,119,546 carloads in September 2020,

Norfolk Southern eyeing Tropical Storm Delta

Hurricane season is continuing to throw fast pitches in the Gulf Coast strike zone. Norfolk Southern released a service alert yesterday regarding Tropical Storm Delta, which is reproduced below. The New York

Canadian railroad grain movements blowing the doors off

Canada’s Class 1 railroads, Canadian National and Canadian Pacific are reporting record numbers for grain movements in the third quarter. Canadian National reported that it moved 7.76 million metric tons (MMT) (8.5

Vossloh supplies fastening systems for new heavy-haul line in Mongolia

Vossloh won a first contract for the supply of rail fastening systems for a heavy-haul line in Mongolia. The about 270 km long line will connect the Tavan Tolgoi with Gashuun Sukhait

Railroad intermodal traffic remains steady

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending September 26, 2020. For this week, total U.S. weekly rail traffic was 518,290 carloads and intermodal units,

Watco continues to expand

Watco has just added to its network of short line railroads in the United States. The railroad is a new subsidiary of Watco called the Elwood, Joliet & Southern Railroad (EJSR), LLC.

U.S. DOT announces over $5.6 million for rail capital projects in South Dakota

The U.S. Department of Transportation’s Federal Railroad Administration (FRA) has selected five projects in two states to receive more than $6.9 million in Special Transportation Circumstances (STC) Grants made available by the

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