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Carload traffic dips slightly, intermodal makes modest gains
For the week ending August 15, 2015, total U.S. weekly rail traffic was 564, 502 carloads and intermodal units, down 1.7% compared with the same week last year, as carload…
Nissan cites UP for service quality, environmental efforts
Union Pacific Railroad (UP) was honored by Nissan with its Cost Leadership Award, while Union Pacific Distribution Services (UPDS) received the automotive manufacturer’s Zero-Emission Leadership Award, the company announced August…
CN’s Jobin takes helm during Mongeau’s medical leave
CN President and CEO Claude Mongeau will soon undergo surgery to remove a rare type of precancerous soft-tissue tumor located in the upper left part of his larynx, the railroad…
UP reducing headcount after flat second quarter
Union Pacific President and CEO Lance Fritz issued a statement to non-agreement employees on August 12, 2015 announcing a “workforce reduction initiative” as “the railroad takes the necessary steps to…
AAR: CBR leveling off in 2015
In reporting Class I railroad traffic for the week ending Aug. 8, 2015, the Association of American Railroads (AAR) took note of the fact that CBR (crude by rail) shipments…
STB sets 2014 rail cost of capital at 10.65%
The Surface Transportation Board has set the rail industry’s 2014 after-tax cost of capital at 10.65%, some 6% lower than the 2013 figure of 11.32%.
CP set for superior grain service
Canadian Pacific says it “is well positioned to provide best-in-class service to western Canadian grain shippers during the 2015-2016 crop-year.”
FRA to Congress: Most railroads will miss PTC deadline
The Federal Railroad Administration sent its Status of Positive Train Control Implementation report to Congress showing that after seven years and significant assistance from FRA, most railroads will miss the…
First U.S.-Mexico rail bridge in more than a century is now operational
The West Rail Bridge, the first rail bridge connecting U.S. and Mexico in more than 100 years, became operational August 7.
Senate confirms Dominguez’s role as PHMSA Administrator
The U.S. Senate on August 5, 2015 officially confirmed the appointment of Marie Therese Dominguez as Administrator of the Pipeline and Hazardous Materials Safety Administration (PHMSA). Dominguez, who began serving…
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