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KC Southern announces earnings: uptick in volume trend into 2Q
Kansas City Southern (KCS) reported second quarter results on July 19. Revenues were $569 million, a decrease of 3% from second quarter 2015. Overall, carload volumes were unchanged compared to…
Minnesota establishes council on freight rail
Minnesota Gov. Mark Dayton issued an executive order, establishing the Governor’s Council on Freight Rail, which will bring together state officials and railroads in a public-private working group to improve…
BNSF and SWRR reach agreement for Clovis-Carlsbad line
BNSF Railway and Southwestern Railroad (SWRR) reached an agreement which calls for BNSF to take over service of the rail line between Clovis and Carlsbad, N.Mex. effective Jan. 17, 2017.
Moving energy beyond borders
Can exports revive North America’s crude-by-rail and coal?
NTSB releases preliminary report on BNSF Panhandle collision
One of the trains involved in the June 28 head-on collision between two BNSF intermodal trains outside of Panhandle, Texas passed a red signal before the accident.
Cowen shipper survey: Price increases expected
Shippers expect a 2.9% price increase from the railroads over the next 6-12 months, according Cowen and Company’s Second-Quarter 2016 Rail Shipper Survey (downloadable from the link below).
US DOT reports second consecutive month uptick in freight
The U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS) released numbers on July 13 showing the Freight Transportation Services Index (TSI), which is based on the amount of freight…
CSX releases coal-impacted second quarter earnings
CSX on July 13th announced second quarter 2016 net earnings of $445 million, or $0.47 per share, down from $553 million, or $0.56 per share, in the same period of…
AAR: weekly rail traffic's summer slump
The Association of American Railroads (AAR) reported on July 13th U.S. rail traffic for the week ending July 9, 2016. For this week, total U.S. weekly rail traffic was 442,113…
LRIW now accepting nominations for 2016 Member of the Year
The League of Railway Industry Women (LRIW) on July 12 opened nominations for its "Outstanding Member of the Year" award.
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