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AAR: Freight traffic slump continues For April 2016, combined U.S. carload and intermodal originations were 1,972,829, down 11.8% or 264,327 carloads and intermodal units from April 2015, reported the Association of American Railroads on May 4, 2016. Carload traffic in April totaled 944,339 carloads, down 16.1% or 180,598 from April 2015. U.S. railroads also originated 1,028,460 containers and trailers in April 2016, down 7.5% or 83,729 units from the same month last year.
SEPTA tour caps Railway Age/RT&S Light Rail conference Following the Railway Age/Railway Track & Structures Light Rail Conference held April 27-28 in Philadelphia, about 30 delegates toured portions of the SEPTA streetcar and light rail networks.
"Not all misses are created equal" “All four publicly traded railcar builders reported top-to-bottom first quarter misses, with our Outperform-rated Trinity (TRN) and Greenbrier (GBX) enjoying positive post-earnings stock reactions, while not-rated American Railcar Industries (ARII) and FreightCar America (RAIL) saw their shares decline and seem to now be contributing to pressure on TRN and GBX,” said Cowen and Company analyst Matt Ellcott on May 4, 2016.
Transport Canada’s “classified” Lac-Mégantic payment In a curious role reversal, Canada’s former Minister of Transport, now opposition politician Lisa Raitt, has revealed that the Canadian government quietly paid C$75 million toward compensation for victims of the 2013 oil trains disaster that killed 47 in the Quebec resort town of Lac-Mégantic.
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 installment of hisSlow Train Coming series on the rapid rise and fall of CBR.

Breaking News

machine-vision-by-beena-vision
May 04, 2016
From the April 2016 issue of Railway Age: “Progress is about harnessing technology that promotes safety, efficiency and better customer service,” according to CSX. “Machine vision gives us new vantages of passing cars, from top-of-car views to undercarriage shots.” “All these...
picture-this
May 04, 2016
From the April 2016 issue of Railway Age: How machine vision is revolutionizing automated vehicle health monitoring. Railways are increasingly moving toward automated detector systems to supplement manual rolling stock inspection. Machine vision systems that inspect components on a moving train...
aar-freight-traffic-down-113-for-the-last-week-of-april-2016-down-118-for-all-of-april
May 04, 2016
For April 2016, combined U.S. carload and intermodal originations were 1,972,829, down 11.8% or 264,327 carloads and intermodal units from April 2015, reported the Association of American Railroads on May 4, 2016. Carload traffic in April totaled 944,339 carloads, down...
fastening-system-solutions
May 04, 2016
From the April 2016 issue of Railway Age: No matter the environment, fastening systems need to be resilient, easy to install and customizable to a variety of specifications. A well-designed fastening system not only preserves proper track geometry, but will also...
via-rail-praised-government-panned-by-financial-watchdog
May 04, 2016
Canada’s chief financial watchdog praised VIA Rail’s internal management April 3 but slammed successive national governments for failing to support the state-owned passenger railway with strategic planning and capital investment. “We found that VIA had made efforts to define a long-term...

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Blogs and More

a-new-regulatory-rat-hole-worth-watching
April 22, 2016
News item: Executive Order No. 13725, issued April 15 by President Obama, and published in the April 20 Federal Register, mandates that Executive Branch federal agencies take specific actions to promote competition.
guest-blog-doomed-from-the-start
April 19, 2016
The federal-state partnership to build 130 modern bi-level passenger rail coaches for higher-speed rail (HrSR) corridors in the states of California, Illinois, Michigan and Missouri under the 2008 PRIIA legislation “was doomed from the start,” according to James E. Coston, Chairman of Corridor Capital LLC.
makeover-crucial-for-dereg-defense
April 14, 2016
For those sheltering railroads against assaults on regulatory freedoms, the 1980 Staggers Rail Act (Staggers) is considered sacrosanct.
zero-tolerance-for-cellphones
April 13, 2016
The BBC has filed the following report on the February 2016 head-on collision of two commuter trains in Bavaria, Germany:
see-ya-later-what’s-your-name
April 11, 2016
Well, it’s all over but the ruminating and regurgitating: Hedge fund king Bill Ackman had his blinders ripped off, read the handwriting on the wall, and wisely deep-sixed his attempt to bolster his sagging pockets by going after Norfolk Southern, a damn good railroad that...