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Train crews power mid-April employment gains
Figures released by the Surface Transportation Board show Class I railroad employment rose 0.31% in mid-April 2014, measured against a year earlier, and also advanced 0.81% from mid-March levels.
Gains continue for U.S. freight traffic
U.S. freight rail traffic rose during the week ending May 10, 2014, extending gains for the year to date, the Association of American Railroads reported Thursday, May 15.
Class action suit targets KCS
Kansas City Southern appears to have become the target of shareholder class action, including from a law firm claiming the Class I railroad "and certain of its executive officers made…
CSX CFO: Growth modest in 2014, robust in 2015
Despite the difficult winter conditions of the first quarter, CSX is positioned to capitalize on underlying economic strength and market opportunities in the balance of 2014 to grow earnings, Fredrik…
CP CEO seeks discussions among grain interests
Canadian Pacific Chief Executive Officer E. Hunter Harrison is calling for "direct face-to-face discussions based on facts are the best way to make progress on strengthening Canada's grain handling and…
AAR: Traffic gains for April, first days of May
April's solid advances in U.S. freight rail traffic rolled on into the first days of May, the Association of American Railroads reported Thursday, May 8, 2014.
NS CEO Moorman: Outlook good for 2014
Norfolk Southern CEO Wick Moorman, addressing the company's annual meeting in Williamsburg, Va., gave company shareholders numerous reasons for continued optimism following a year that contained what NS hails as…
DOT: Report Bakken CBR moves; upgrade gear
State and local emergency responders won the right to know about individual movements of Bakken crude oil in an emergency order issued late Wednesday, May 7, 2014 by U.S. Transportation…
BNSF's best days are just ahead
If recent reports published by Railway Age and others regarding BNSF's clogged network have managed to discourage any shipper or industry-related investor, I have news that might brighten their outlook.
CP extends CEO Harrison's contract
Canadian Pacific Railway said Wednesday, May 7, 2014, it had agreed to a contract extension with CEO E. Hunter Harrison, adding a year to his term, which will now run…
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