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CSX extends deadline for board nominations again Amid a change at the top, announced layoffs and presumptive talks regarding new leadership, CSX Corp. has again extended its deadline for board nominations.
Weekly gain for U.S. rail freight volumes Rail traffic in the United States for the week ending Feb. 18 totaled 531,123 carloads and intermodal units, up 6.8% from the same week in 2016.
Greenbrier rolls out 100,000th intermodal car The Greenbrier Companies announced production of its 100,000th intermodal double-stack railcar in January.
PANYNJ Board approves record-size capex plan The Port Authority of New York and New Jersey (PANYNJ) Board of Commissioners approved a $32.3 billion 2017-2026 Capital Plan on Feb. 16.
CSX CEO Ward retiring, 1,000 jobs to be eliminated On Tuesday, Feb. 21, CSX Corp. announced that Chairman and Chief Executive Officer Michael Ward and President Clarence Gooden will retire, effective May 31.

Breaking News

progress-rail-services-signs-with-ukraine-wheel-supplier
February 23, 2017
Progress Rail Services has signed a five-year contract with Interpipe of Ukraine for wheels and axles. Progress Rail, a subsidiary of Caterpillar, is a supplier of railway products and services to the North America market. The contract calls for Interpipe to annually...
port-of-long-beach-jan-cargo
February 23, 2017
The Port of Long Beach saw containerized cargo increase 8.7% in January from a year ago on increased activity at its largest terminal and extra ships calling ahead of the Lunar New Year.   Traffic totaled 582,689 TEUs in January on exports...
bnsf-sees-b-in-economic-development
February 23, 2017
Development along BNSF Railway's network totaled nearly $3.5 billion in 2016, including completion of a $1.3-billion steel mill in Arkansas and a sugar facility in Illinois.   The investments by the railroads's customers are expected to generate more than 3,000 new jobs...
csx-extends-deadline-for-board-nominations-again
February 23, 2017
Amid a change at the top, announced layoffs and presumptive talks regarding new leadership, CSX Corp. has again extended its deadline for board nominations. Nominations are to be submitted by March 10, according to the railroad based in Jacksonville. The carrier has...
weekly-gain-for-us-rail-freight-volumes
February 22, 2017
Rail traffic in the United States for the week ending Feb. 18 totaled 531,123 carloads and intermodal units, up 6.8% from the same week in 2016.    The Association of American Railroads reported 263,620 carloads, up 7.6%, while intermodal volume was 267,503...

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Blogs and More

rail-transit-funding-vs-mob-psychology
February 22, 2017
The carnage has begun. No, not the “carnage” that our malignantly narcissistic President declared in his Inauguration Day campaign bloviation (“16 minutes of hooey and horse hockey about corrupt politicians betraying the people, and American carnage, and patriotism healing our division, though the division is...
it’s-getting-a-bit-windy-around-jacksonville
February 17, 2017
Press releases disguised as letters? Or letters disguised as press releases? In a corporate power struggle, either method can be deployed with the intent of influencing shareholders. Both sides in the power struggle tend to get rather long-winded, to put it politely.
new-potentially-disruptive-businesses
February 14, 2017
This is Jim Blaze, rail economist and teacher—sometimes a reporter; always one who questions. I’m concerned about how the “Big 7” railroads are going to address their next five to ten years of market position, taking the wealth they created, and turning it into an...
congress-a-noisy-hall-with-a-nightly-brawl
February 13, 2017
With early indications that the Trump Administration is a political version of the Jerry Springer show, expect an atypical legislative session, with the Republican majority sometimes in open conflict with a Republican President who is unpredictable, impetuous, lacking previous government experience and quick to take...
seriously-mr-denham?
February 08, 2017
You want to kill yet another chance to bring U.S. passenger rail into the 21st Century? Play a disingenuous game of smoke and mirrors by attempting to associate the object of your loathing to something else that has only little to do with it, and...

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