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AAR: Freight traffic down nearly 12% For the week ending April 23, 2016, total U.S. weekly rail traffic was 491,946 carloads and intermodal units, down 11.7% compared with the same week last year, the Association of American Railroads (AAR) reported on April 27, 2016.

train-man-vs-machine-aurora-edition
Aurora, Ill., voted no on one of the more contentious railroad issues of our automated times:  Should freight trains be allowed to operate with one-person crews, with technology taking the place of a second crew member? The city sent its resolution...
jason-seidl-takeaways-from-nears
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl returned from attending the April 26-28, 2016 North East Association of Rail Shippers (NEARS) Spring Conference in Baltimore “with updated thoughts on the rail industry”: “In general,...
up-names-pinnacle-award-winners-for-chemical-transportation-safety
Union Pacific Railroad on April 28, 2016 recognized 65 companies with its distinguished Pinnacle Award for their commitment to safely transport chemical products. The annual award honors UP customers for implementing release prevention, corrective plans and having zero non-accident releases...
union-pacific-foundation-issues-grants-in-22-states
The Union Pacific Foundation announced on April 26, 2016 that it is assisting nonprofits in Arkansas, Arizona, California, Colorado, Idaho, Illinois, Iowa, Kansas, Louisiana, Minnesota, Missouri, Montana, Nebraska, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming. “These organizations...
tsx-accepts-cp’s-previously-announced-share-repurchase-program
Canadian Pacific Railway Limited announced on April 28, 2016 that the Toronto Stock Exchange (TSX) has accepted its notice to implement a normal course issuer bid (NCIB) to purchase, for cancellation, up to 6,910,000 common shares or approximately 5% of...

aar-freight-traffic-down-nearly-12
For the week ending April 23, 2016, total U.S. weekly rail traffic was 491,946 carloads and intermodal units, down 11.7% compared with the same week last year, the Association of American Railroads (AAR) reported on April 27, 2016. Total carloads for...
rep-ashford-tours-paxton-vierling-steel-co’s-iowa-facilities
U.S. Congressman Brad Ashford (D-Neb.) joined National Railroad Construction & Maintenance Association (NRC) and GoRail member Paxton & Vierling Steel Co. (PVS) for a tour of its metal service center and structural fabrication facilities in Carter Lake, Iowa. Attendees included Rep....
cn-posts-“very-solid”-first-quarter-results
Noting “a challenging economic environment,” CN announced a “very solid” first-quarter performance for 2016.  First-quarter 2016 financial highlights Net income increased 13% to C$792 million, while diluted EPS increased 16% to C$1.00, compared with the first quarter of 2015. Operating income increased 14%...
rbn-energy-cbr-a-victory-of-american-ingenuity
The North American crude-by-rail (CBR) saga “is that of a victory of good old U.S. ingenuity over the lack of pipeline capacity that stranded booming shale oil production in 2012,” writes RBN Energy LLC analyst Sandy Fielden in the final...
csx-lands-on-best-corporate-citizens-list-for-fourth-time
CSX on April 22, 2016 announced that it has been recognized as one of Corporate Responsibility Magazine’s Best Corporate Citizens for 2016 “reflecting [the railroad’s] ongoing commitment to being a good neighbor in the communities it served.” CSX, which has...