The Bureau International des Containers (BIC) announced on June 23 that Jean-Pierre Loubinoux, General Director, International Union of Railways, (UIC) has won the 2016 BIC Award.
The Federal Railroad Administration on June 23, 2106 released its preliminary findings on the June 3 Oregon crude oil derailment and found at fault: bolts, brakes and Union Pacific.
In the current down market, a “strong case” can be made for consolidation in the freight car building sector, according to Cowen and Company analyst Matt Elkott.
Reading and Northern Railroad has promoted three veteran employees to Vice President positions at the company.
In reporting U.S. rail traffic for the week ending June 18, 2016, the Association of American Railroads noted a large increase in grain shipments that partially offset substantial losses in coal and petroleum products.
Kansas City Southern announced June 22 that the Meridian Speedway©, LLC (MSLLC), is investing approximately $28 million in 2016 on construction and improvement projects on its Vicksburg and Meridian Subdivisions.