The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending Jul. 16, 2016:
The Railway Supply Institute American Railway Car Institute’s (ARCI) second-quarter 2016 freight car order, delivery and backlog statistics are “somewhat better than expected,” according to KeyBanc Capital Markets analyst Steve Barger.
The second quarter of 2016 was not kind to Canadian Pacific, though in line with CP’s quarterly outlook, released in June.
A terminal serving the crude oil industry is offering help for drought-stricken California.