Class I

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CN, CP: Bring on the harvest Canada’s 2014-2015 grain harvest will soon be under way, and both CN and Canadian Pacific say they are well-prepared to accommodate the new harvest with a steady throughput rate in synch with the grain supply chain, and are able to address the excess carryover from last year’s record crop by as early as next spring.

Arbitrator Robert O. Harris told the United Transportation Union (UTU) and railroads in 1991, then unable to agree at the bargaining table, “Welcome to the oldest established craps game in Washington. Like the suckers in ‘Guys and Dolls,’ you are...
norfolk-southern-notches-record-second-quarter
Norfolk Southern Corp. early Wednesday, July 23, 2014 reported "record net income" of $462 million, or diluted earnings per share of $1.79, in the second quarter. Those marks were 21% and 23% higher, respectively, from the $465 million, or $1.46...
thompson-to-smart’s-babler-and-knutson-“you-have-hit-a-grand-slam”
In a July 20, 2014 letter to SMART-Transportation Division International Representative John W. Babler and General Chairperson Randall S. Knutson, former United Transportation Union International President Paul C. Thompson expresses his support for the tentative agreement on one-person train crews...
cn-2q-earnings-show-strength
Rebounding from a first quarter hampered by what its CEO called the "winter of a lifetime," CN late Monday, July 21, 2014 reported second-quarter net income of C$847 million (US$789 million), up 18% from C$717 million in the second quarter...
class-i-employment-rises-in-june
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-June 2014 rose 1.02%, to 166,139, from June 2013, and also gained modestly previous month, up 0.03%. Transportation (train and engine), per recent months, continued to...

secdot-proposes-new-tank-car-rules
The U.S. Department of Transportation on Wednesday, July 23, 2014, issued a long-anticipated Notice of Proposed Rulemaking (NPRM) involving a new, stricter set of rules for crude-by-rail (CBR) train movements and other shipments of “flammable fuels,” designated as HHFT (high-hazard...
norfolk-southern-notches-record-second-quarter
Norfolk Southern Corp. early Wednesday, July 23, 2014 reported "record net income" of $462 million, or diluted earnings per share of $1.79, in the second quarter. Those marks were 21% and 23% higher, respectively, from the $465 million, or $1.46...
thompson-to-smart’s-babler-and-knutson-“you-have-hit-a-grand-slam”
In a July 20, 2014 letter to SMART-Transportation Division International Representative John W. Babler and General Chairperson Randall S. Knutson, former United Transportation Union International President Paul C. Thompson expresses his support for the tentative agreement on one-person train crews...
cn-2q-earnings-show-strength
Rebounding from a first quarter hampered by what its CEO called the "winter of a lifetime," CN late Monday, July 21, 2014 reported second-quarter net income of C$847 million (US$789 million), up 18% from C$717 million in the second quarter...
class-i-employment-rises-in-june
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-June 2014 rose 1.02%, to 166,139, from June 2013, and also gained modestly previous month, up 0.03%. Transportation (train and engine), per recent months, continued to...