Class I

image
CBR takes first-quarter dive U.S. Class I railroads originated 113,089 carloads of crude oil in the first quarter of 2015, down 17,982 carloads or 13.7% from the fourth quarter of 2014, the Association of American Railroads noted as it reported U.S. rail traffic for the week ending May 16, 2015.

up-to-invest-2-million-to-improve-nebraska’s-transportation-infrastructure
Union Pacific Railroad plans to invest nearly $102 million in 2015 to improve Nebraska’s transportation infrastructure, the company announced on May 22, 2015. UP’s planned investment in Nebraska covers a range of initiatives, including nearly $90 million to maintain railroad track,...
cbr-takes-first-quarter-dive
U.S. Class I railroads originated 113,089 carloads of crude oil in the first quarter of 2015, down 17,982 carloads or 13.7% from the fourth quarter of 2014, the Association of American Railroads noted as it reported U.S. rail traffic for...
tb-starts-on-time-performance-nprm-approves-ns-acquisition
The Surface Transportation Board announced on May 15, 2015 that it will begin a proceeding to define intercity passenger railroad on-time performance for purposes of Section 213 of the Passenger Rail Investment and Improvement Act of 2008 (PRIIA), 49 U.S.C....
aar-weekly-rail-traffic-dips-a-bit
For the week ending May 9, 2015, North American freight rail traffic dipped by about 2.5% compared to the same period in 2104, the Association of American Railroads reported. Total U.S. weekly rail traffic was 551,034 carloads and intermodal units, down...
csx’s-eliasson-“meaningful-margin-expansion”
Speaking at the Bank of America Merrill Lynch 2015 Transportation Conference in Boston on May 14, 2015, CSX Chief Financial Officer Fredrik Eliasson said that, for the full year, CSX “continues to expect EPS growth in the mid-to-high single digit...

ns-names-alan-shaw-evp-and-chief-marketing-officer
Norfolk Southern has named Alan H. Shaw Executive Vice President and Chief Marketing Officer, effective May 16, 2015. He succeeds Donald W. Seale, who retired after 39 years in management positions in NS’s marketing division. Shaw, who will report to NS...
moorman-to-shareholders-“we-see-continuing-strength”
Addressing his final annual meeting as Norfolk Southern’s CEO, Wick Moorman told shareholders that “we see continuing strength in the overall economy as well as opportunities in many of the markets we serve. We are confident in our company’s long-term...
Poor Mr. Dooley—Calvin, that is, president of the American Chemistry Council and not the fictional Mr. Dooley created during the late 19th century by humorist Finley Peter Dunne. The latter gained library space in Teddy Roosevelt’s White House; the former...
ns-recognizes-rail-customers-for-safe-chemical-handling
Norfolk Southern Corporation (NS), on May 12, 2015, announced that 66 of its customers have been awarded the 2014 Thoroughbred Chemical Safety Award for altogether safely shipping more than 227,000 carloads of hazardous chemical products over the railroad’s network last...
james-h-evans-1920-2015
James H. Evans, who served as Union Pacific Chairman of the Board from 1977 to 1985, died Monday, May 11, 2015. He was 94. UP did not report a cause of death. Evans joined UP'S management IN 1969 as President and...