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AAR: Total weekly U.S. traffic up 2% The Association of American Railroads (AAR) on Jan. 18 reported for the week ending Jan. 14, 2017 total U.S. weekly rail traffic was 516,229 carloads and intermodal units, up 2% compared with the same week last year.

bnsf-plans-b-in-2017-capital-spending
BNSF Railway Company (BNSF) on Jan. 19 announced its 2017 capital expenditure plan will be approximately $3.4 billion.   Similar to last year’s $3.9 billion plan, the largest component of the plan will be to replace and maintain BNSF’s core network and...
creel-to-succeed-harrison-at-cp
Months before his previously announced official retirement as CEO, Hunter Harrison has abruptly severed all ties with Canadian Pacific, handing the company’s reins to President Keith Creel. According to numerous reports, Harrison will attempt to take control of CSX, which...
aar-total-weekly-us-traffic-up-2
The Association of American Railroads (AAR) on Jan. 18 reported for the week ending Jan. 14, 2017 total U.S. weekly rail traffic was 516,229 carloads and intermodal units, up 2% compared with the same week last year. Total carloads for the...
cowen-shipper-survey-price-increase-expectations-off-the-bottom
Rail shippers “are more confident in the economy, and the new Trump Administration is providing a degree of both hopeful optimism and uncertainty,” according to Cowen and Company’s 4Q16 Rail Shipper Survey. “Overall, the survey is positive for the rails,...
csx-4q-revenue-up-2016-revenue-down
On Jan. 17, CSX Corporation announced fourth quarter 2016 net earnings of $458 million, or $0.49 per share, versus $466 million, or $0.48 per share, in the same period of last year. The fourth quarter of 2016 included an operating property...

trackmobile-llc-and-rail-safe-partner-for-safety
Trackmobile and Rail Safe Training, Inc. announced on Jan. 16 a new safety partnership. Every new Trackmobile railcar mover sold will now come with complimentary rail safety training from Rail Safe Training, Inc., in addition to the Trackmobile operator training...
aar-replies-to-stb-on-proposed-forced-access-regulation
The Association of American Railroads (AAR) on Jan. 13 responded to comments filed by a group of shippers to the Surface Transportation Board (STB) for new mandated reciprocal switching ("forced access") regulation. The AAR believes this new regulation "would force...
cowen-and-company-perspectives-from-mars
Optimism was the main thread that ran across the presentations we saw at the Midwest Association of Rail Shippers (MARS) meeting in Chicago Jan. 11-12. Most people felt better about the economy and, while many were positive about the new...
aar-total-weekly-us-rail-traffic-down-114
The Association of American Railroads (AAR) reported Jan. 11 for the week ending January 7, 2017,  total U.S. weekly rail traffic was 441,417 carloads and intermodal units, down 11.4% compared with the same week last year. Total carloads for the week...
cowen-and-company-perspectives-from-ftrs-noel-perry
Noted trucking industry veteran and freight economist Noel Perry appears to hold a positive near-to-intermediate term view of freight markets, projecting truckload capacity to exceed full utilization in 2018, according to Cowen and Company Managing Director and Railway Age Wall...