Class I

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STB: Five Class I's revenue adequate in 2013 The Surface Transportation Board announced Tuesday, Sept. 2, 2014, that it has found five U.S. Class I railroad properties to be "revenue adequate for the year 2013, meaning that five of the Class I railroads achieved a rate of return equal to or greater than the Board's calculation of the average cost of capital to the freight rail industry."

seattle-chides-bnsf-on-tunnel-safety
Seattle emergency officials are urging BNSF Railway to improve safety procedures related to a tunnel within the city now used for increasing amount of crude-by-rail (CBR) traffic. The city's Office of Emergency Management and its Fire Department issued an eight-page letter...
up-says-its-cops-are-tops
Union Pacific’s Police and Security team recently earned accreditation from the Commission on Accreditation for Law Enforcement Agencies Inc. (CALEA), “joining a prominent group recognized for complying with the highest law enforcement standards,” the railroad announced on Sept. 11, 2014. “To...
cn-again-named-to-dow-jones-sustainability-world-index
CN’s sustainability practices have earned it a place on the Dow Jones Sustainability World Index (DJSI) for the third consecutive year that the railroad has been listed on the DJSI World Index, and for the sixth consecutive year that it...
Congress is about to adjourn for its single-most-important function these days as mid-term elections loom: getting re-elected. That means it’s time to get down to some serious last-minute, constituent-coddling activities, like proposing legislation beating down the big, bad, monopolistic freight...
cowen-co-“rail-outlook-remains-positive”
The freight transportation outlook from Cowen & Co.’s 7th Annual Transportation Conference is positive, with railroads benefitting from growth in a broad range of markets, according to Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl. In general, “freight...

us-canada-rail-freight-continues-to-climb
Total U.S. and Canadian freight rail traffic, along with Mexico intermodal volume, continued to gain ground during the week ending Sept. 6, 2014, the Association of American Railroads reported Thursday, Sept. 11. Only Mexican freight carload traffic declined. U.S. freight carload...
Congress is about to adjourn for its single-most-important function these days as mid-term elections loom: getting re-elected. That means it’s time to get down to some serious last-minute, constituent-coddling activities, like proposing legislation beating down the big, bad, monopolistic freight...
one-person-crew-proposal-rejected-on-bnsf
BNSF Railway conductors and ground-service workers represented by General Committee GO-001 of the International Association of Sheet Metal, Air and Rail Transportation Workers (SMART, formerly the United Transportation Union) have rejected a proposal to allow freight trains equipped with Positive...
cowen-co-“rail-outlook-remains-positive”
The freight transportation outlook from Cowen & Co.’s 7th Annual Transportation Conference is positive, with railroads benefitting from growth in a broad range of markets, according to Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl. In general, “freight...
cn-inaugurates-winnipeg-training-center
CN on Sept. 9, 2014 officially opened its new employee training center in Winnipeg. The 100,000-square-foot facility is currently hosting 350-plus CN students from across Canada on a weekly basis, with hands-on training for all key railway jobs. The new center...