Class I

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AAR: Grain gains, motor vehicle moves up, oil and coal decline The Association of American Railroads (AAR) reported for the week ending August 20, 2016, total U.S. weekly rail traffic was 531,484 carloads and intermodal units, down 6.4% compared with the same week last year. Grain traffic saw a significant increase and motor vehicles and parts rose, while coal, crude oil and intermodal registered declines.

inrd-venture-logistics-inaugurate-intermodal-warehouse
The Indiana Rail Road (INRD) and Venture Logistics on Aug. 24, 2016 officially opened the new Venture Rail Warehouse, decribed as “the first rail-served mega-warehouse constructed in Marion County in decades.” The 406,000-square-foot facility, located on Indianapolis’ south side at 1102...
cdpq-reaches-montreal-track-agreement-with-cn
Canadian pension fund Caisse de Dépôt et Placement du Québec (CDPQ) Infra has reached an agreement with CN to purchase infrastructure for its planned 41.5-mile (67 km) Metropolitan Electric Network (REM) automated metro project in Montreal. CDPQ Infra will acquire the...
crude-quarter
The Association of American Railroads (AAR) updated on Aug. 24, 2016 crude oil carload numbers for second-quarter 2016: U.S. Class I railroads originated 56,454 carloads of crude oil in the second quarter of 2016, down 6,807 carloads or 10.8% from the...
cn-adm-and-midwest-inland-port-grow-intermodal-in-decatur-ill
Archer Daniels Midland Company and the Midwest Inland Port announced August 23 that their collaborative logistics and marketing efforts are driving increased container shipments over ADM's privately owned intermodal ramp located in Decatur, Ill. CN is transporting an increasing number of...
aar-big-grain-gains-cant-offset-big-oil-and-coal-declines
The Association of American Railroads (AAR) reported for the week ending August 20, 2016, total U.S. weekly rail traffic was 531,484 carloads and intermodal units, down 6.4% compared with the same week last year. Grain traffic saw a significant increase...

union-pacific-named-railroad-of-the-year-by-rica
The Railway Industrial Clearance Association (RICA) announced its selection for 2016 Railroad of the Year: Union Pacific. RICA, an industry association made up of railroads, shippers and manufacturers, and logistics providers determines its award on peer votes in areas such as...
aslrra-applauds-amtrak-announcement-of-charles-wick-moorman
The American Short Line and Regional Railroad Association (ASLRRA) released the following statement by President Linda Bauer Darr in response to the Amtrak Board of Directors’ introduction of Wick Moorman as President and CEO of Amtrak, succeeding Joe Boardman. “We applaud...
stb-discontinues-year-end-outlook-letter
Surface Transportation Board Chairman Daniel R. Elliott III is discontinuing the practice of sending an annual letter to the railroad industry asking Class I and other railroads to comment on their end-of-year outlook for traffic volumes and operations. The Chairman’s...
ctc-allocates-m-to-rail-safety-projects-in-california
The California Transportation Commission (CTC) allocated $814 million to 135 transportation projects in the state and includes $55 million to four rail and safety projects. The source of the funds includes $732.7 million from the State Highway Operation and Protection Program...
wick-moorman-named-amtrak-chief-executive
Amtrak’s next President and Chief Executive Officer is an experienced and deeply respected Class I freight railroader who brings more than 40 years in railroading to the position: Charles W. “Wick” Moorman, who recently retired as Executive Chairman of Norfolk...