Class I

CSX Chief Financial Officer Frank Lonegro on Feb. 17, 2016 highlighted the company’s track record of success during the energy market transition and updated expectations for company performance at the…
For the week ending Feb. 13, 2016, North American freight rail traffic experienced a 10% gain in intermodal for the second week in a row, the Association of American Railroads…
Former U.S. Transportation Secretary and Union Pacific Chairman and CEO Andrew Lindsay “Drew” Lewis, Jr. died Feb. 10 in Prescott, Ariz. He was 84.
Canadian Pacific on Tuesday, Feb. 16, 2016 announced it will seek a declaratory order from the U.S. Surface Transportation Board (STB) “confirming the viability of the voting trust structure that…
As the rail industry suffers through the 2015-2016 winter of its discontent, it is becoming clearer with each passing week that as an industry we are entering uncharted territory. Former…
Washington is a rat hole worth watching because, as the politically savvy know, lawmakers and regulators can inflict unexpected, unprovoked and unjustified wounds.
Canadian Pacific on Thursday, Feb. 11, 2016 launched a new website, CPconsolidation.com, purporting the benefits of its proposed acquisition of Norfolk Southern. The website launch came two days after CP…
For the week ending Feb. 6, 2016, North American freight rail traffic experienced a 10% gain in intermodal, and a corresponding drop in carloads, the Association of American Railroads (AAR)…
CN announced on Feb. 10, 2016 the details of its 2016 plan to invest approximately C$2.9 billion in rail infrastructure and equipment “to raise network efficiency, support long-term growth and…
In what some industry observers believe may be a final attempt—short of a proxy battle—by hedge fund head Bill Ackman at a hostile takeover of Norfolk Southern, Canadian Pacific on…
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