Latest Rail News

freight-car-orders-backlog-soar-in-first-quarter—and-it’s-not-tank-cars
April 23, 2014
Freight car orders in 2014’s first quarter soared about 38% from fourth-quarter 2013, to 24,050 units, pushing builder backlogs up around 12% to 81,927, according to the most recent Railway Supply Institute American Railway Car Institute figures. In this year’s first...
transport-canada-toughens-cbr-safety-regs
April 23, 2014
Trains carrying 20 cars or more of crude oil or ethanol must not exceed 50 mph under a new directive issued by Transport Canada on Wednesday, April 23, 2014, and that limit may be lowered for some locations after specific...
class-i-employment-registers-modest-monthly-gain
April 23, 2014
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-March 2014 rose 0.40%, to 162,968, from the same period in February 2014, and registered only a miniscule decrease of 0.06% from the year-earlier (March...
search-under-way-for-new-aslrra-president
April 23, 2014
The American Short Line and Regional Railroad Association (ASLRRA) has selected Jason Ward, Managing Partner of Industrial Search Partners, to conduct the search for a new President. Current President Richard F. Timmons will be retiring at the end of this...
for-norfolk-southern-a-difficult-first-quarter
April 23, 2014
Coal volume and revenue that dropped 15% and 13%, respectively, in 2014’s first quarter were largely responsible for Norfolk Southern reporting lower net income and operating revenues and a slightly higher operating ratio, compared to the prior-year period. NS reported...

wabtec-reports-record-first-quarter
April 23, 2014
Wabtec Corp. on Wednesday, April 22, 2014 reported record results for first-quarter 2014 and affirmed its 2014 guidance for earnings per diluted share of about...
cn-toughs-out-a-challenging-first-quarter
April 22, 2014
“The winter of a lifetime,” as described by CN President and CEO Claude Mongeau, bumped up CN’s first-quarter 2014 operating expenses and ratio compared to the...
birkelbach-joins-parsons-brinckerhoff
April 22, 2014
Ronald L. Birkelbach has been named a Vice President at Parsons Brinckerhoff, and will lead the company’s systems group in the Northeast region, which provides...
jim-cowan-joins-greenbrier-as-svp-operations
April 22, 2014
Railway supply veteran Jim Cowan has joined The Greenbrier Companies, Inc. as Senior Vice President, Operations, a newly created position. He will report to...
for-cp-a-record-first-quarter-2014
April 22, 2014
With net income of C$254 million or C$1.44 per diluted share, Canadian Pacific has posted “the best first quarter financial results in company history,” Chief...