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CSX spotlights 2014 social responsibility initiatives
CSX Corporation (CSX) launched on July 13, 2015 its fifth annual Corporate Social Responsibility Report, Moving Forward, highlighting the company’s progress in 2014 toward goals related to business performance, employee…
CP, City of Vancouver discuss operating plan for Arbutus corridor
Canadian Pacific (CP) met with officials from the City of Vancouver on July 10, 2015 to discuss CP’s operating plan for the Arbutus corridor rail line.
AARS offers scholarship for railway management course
The American Association of Railroad Superintendents (AARS) has announced a call for applications for the Michigan State University Railway Management Certificate Course Scholarship sponsored by Progress Rail Services.
Waiting for the whites of their eyes
Since March we have been very cautious on the near-term prospects for the railroad stocks, warning investors on multiple occasions about the disappointing volume outlook for the group. These warnings…
Carload dip continues as intermodal grows
For the week ending July 4, 2015 total U.S. weekly rail traffic was 506,284 carloads and intermodal units, up 1.7% compared with the same week last year, as carload traffic…
Two CSX trains derail in Tennessee five days apart
Just five days after a CSX train car carrying acrylonitrile derailed in Maryville, Tenn. and caught on fire, four CSX train cars carrying mixed freight derailed and flipped over in…
Lowering the bar one more time: Jason H. Seidl
“We are lowering earnings expectations for most railroads to reflect traffic results,” says Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl, regarding upcoming second-quarter…
CN introduces new grain products for 2015-16 crop year
In preparing for the upcoming harvest and continuing to look for ways to innovate and develop new approaches to doing business, Canadian National Railway Company (CN) has introduced a new…
Tobias steps down from CP board
Stephen C. Tobias resigned from the Board of Directors of Canadian Pacific Railway Limited and Canadian Pacific Railway Company for personal reasons on June 30, 2015, the company announced.
Intermodal sees highest-volume month in history
In reporting weekly U.S. rail traffic, as well as volumes for June 2015 and the first six months of 2015, the Association of American Railroads (AAR) revealed on July 1,…
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