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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.
NTSB replies to senators after Oregon crude derailment
In a reply dated July 5, 2016, the National Transportation Safety Board (NTSB) responded to a letter from Oregon’s U.S. senators regarding the June 3 Union Pacific oil train derailment…
CP: Moving grain with an Item 6
Canadian Pacific’s Crowsnest Subdivision is busy with grain trains as prairie elevators are cleared to accept the coming harvest. CP has been pairing trains through the subdivision by giving two…
Virginia rail projects into the FASTLANE
Virginia’s planned Atlantic Gateway Project has been selected for a $165 million federal FASTLANE (Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies) grant.
AAR: carload traffic down 7% for June
The Association of American Railroads (AAR) on July 6th reported weekly U.S. rail traffic, as well as volumes for June 2016.
Lor joins WSP | Parsons Brinckerhoff as rail projects manager
Rik Lor will manage the delivery of rail projects as a senior engineering manager in the transit & rail technical excellence center of WSP | Parsons Brinckerhoff, the global engineering…
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