The Association of American Railroads (AAR) reported on November 9 that U.S. rail traffic for the week ending November 5, 2016 was 543,377 carloads and intermodal units, up 0.7% compared with the same week last year.
The American Public Transportation Association (APTA) issued this statement on November 9 to congratulate President-elect Donald Trump and Vice President-elect Mike Pence:
Edward R. Hamberger, president and CEO of the Association of American Railroads (AAR), issued on November 9 the following statement in light of the 2016 federal election results:
CSX Executive Vice President and Chief Sales & Marketing Officer Fredrik Eliasson announced November 8 the promotion of Michael Rutherford to Vice President-Industrial Products, effective immediately.
Railcar buyers are frequently of habit. It stands to reason. The costs of operating a railcar for moving a commodity are generally transportation, rent or debt expense (unless the asset is owned outright by the end user) and maintenance expenses.