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NS outlines initiatives on greenhouse gases
Norfolk Southern on Friday, Aug. 9, 2013 disclosed the railroad's business strategy for reducing greenhouse gas emissions and its environmental footprint in a filing with the international not-for-profit CDP, formerly…
AAR: Intermodal powers latest week and July
Intermodal continued to be the growth driver for Class I railroads through the month of July, and including the latest week ending Aug. 3, 2013, the Association of American Railroads…
KCS succession plan continues on-track
Kansas City Southern on Thursday, Aug. 8 announced, “in furtherance of its long-term succession planning,” that Michael R. Haverty will transition from his current position of Executive Chairman and employee…
Crew-consist debate heating up once again
Trick question: How many persons are needed to operate a freight train?
CSX acquires Eastern Associated Terminal
CSX Corp. announced Tuesday, Aug. 7, the purchase of the Eastern Associated Terminal in Tampa, Fla. from the Ingram Barge Company. The 22-acre phosphate export facility is adjacent to CSX…
NS' Moorman to address AREMA at Railway Interchange 2013
As part of Railway Interchange 2013, slated for Sept. 29-Oct. 2 in Indianapolis, Norfolk Southern Chairman, President, and CEO Wick Moorman will address a combined AREMA/CMA Chairman's Luncheon on Tuesday,…
Norfolk Southern: Anticipate, adapt, accomplish
The goal of capital expenditures is to link investments to the quality of the transportation product, generating increased customer satisfaction. Perhaps no railroad does it better than Norfolk Southern.
Rail cost of capital fell slightly in 2012
The Surface Transportation Board announced Friday, Aug. 2, 2013, that it has determined that the rail industry’s after-tax cost of capital was 11.11%. Last year, the cost of capital was…
U.S. freight traffic up in latest week
U.S. freight traffic sectors did better than Canadian and Mexican counterparts during the week ending July 27, 2013, the Association of American Railroads said Thursday, Aug. 1, as both freight…
Freight car market headed for new growth in 2014
Economic Planning Associates, in its quarterly freight car building forecast released Monday, July 29, expects this year’s numbers, which are lagging about 11% behind 2012’s, to improve significantly in 2014. “Based…
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