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Freight traffic continues on downward slope
Freight traffic in the month of April, at least so far, isn’t showing signs of improvement. For the week ending April 9, 2016, carloads and intermodal units were down 20%…
Pinpointing potential problems and quickly addressing them
“Progress is about harnessing technology that promotes safety, efficiency and better customer service,” according to CSX. “Machine vision gives us new vantages of passing cars, from top-of-car views to undercarriage…
How machine vision is revolutionizing automated vehicle health monitoring.
AAR names environmental award recipients
The Association of American Railroads on April 12, 2016 presented Michael Hoey, a CSX Transportation civil engineer from Philadelphia, Pa., the 2016 John H. Chafee Environmental Excellence Award. U.S. Senator…
CSX weathers tough first quarter
Impacted by lower volume, CSX posted first-quarter 2016 net earnings of $356 million, or $0.37 per share, down from $442 million, or $0.45 per share, in the same period of…
Harold F. Murray, 1924 – 2016
Harold Francis Murray, former Senior Advisor – Passenger and On Board Services, PTSI Transportation, Winnipeg, Alberta, Canada, has passed away, the company announced April 11, 2016. He was 92.
Jason Seidl: Pricing expectations slow
Rail price increases will come at a slowing rate over the next 6-12 months, says Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl. This…
See ya later, what’s-your-name
Well, it’s all over but the ruminating and regurgitating: Hedge fund king Bill Ackman had his blinders ripped off, read the handwriting on the wall, and wisely deep-sixed his attempt…
CP, Ackman call it quits
On Monday, April 11, 2016, Canadian Pacific Railway Ltd. terminated its efforts to merge with Norfolk Southern Corp.. This includes “withdrawal of a resolution asking NS shareholders to vote in…
DOJ, DOD oppose CP-NS combination
The Surface Transportation Board, in seeking comments addressing Canadian Pacific’s petition for an expedited declaratory order, has received letters from the U.S. Department of Justice and the Department of Defense-United…
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