Class I

First, let me make this perfectly clear: Two-time Railway Age Railroader of the Year E. Hunter Harrison (2002, CN/Illinois Central; 2015, Canadian Pacific) is one of our industry’s best all-time…
Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.) on Jan. 23 announced his selections for Full Committee Vice Chairman and the Committee’s six Subcommittee Chairmen for the 115th Congress:
News item: Republican Ann Dawn Begeman, 52, was confirmed by the Senate in December to a second term—expiring Dec. 31, 2020—on the five-person Surface Transportation Board (STB). Expect her to…
The Association of American Railroads issued a statement on Donald J. Trump's inauguration day as President of the United States stating that the rail industry is prepared to work with…
Union Pacific Corporation on Jan. 19 reported 2016 fourth-quarter net income of $1.1 billion, or $1.39 per diluted share compared to $1.31 per diluted share, in fourth-quarter 2015.
BNSF Railway Company (BNSF) on Jan. 19 announced its 2017 capital expenditure plan will be approximately $3.4 billion.
Months before his previously announced official retirement as CEO, Hunter Harrison has abruptly severed all ties with Canadian Pacific, handing the company’s reins to President Keith Creel. According to numerous…
The Association of American Railroads (AAR) on Jan. 18 reported for the week ending Jan. 14, 2017 total U.S. weekly rail traffic was 516,229 carloads and intermodal units, up 2%…
Rail shippers “are more confident in the economy, and the new Trump Administration is providing a degree of both hopeful optimism and uncertainty,” according to Cowen and Company’s 4Q16 Rail…
On Jan. 17, CSX Corporation announced fourth quarter 2016 net earnings of $458 million, or $0.49 per share, versus $466 million, or $0.48 per share, in the same period of…
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