Class I

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…
Trick question: How many persons are needed to operate a freight train?
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…
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,…
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.
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 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…
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…
One of the largest and perhaps most famous steam locomotives ever built—Union Pacific’s articulated 4-8-8-4 “Big Boy” No. 4014—will be restored to operating condition by UP’s Cheyenne, Wyo.-based Heritage Fleet…
CSX and Sprint Cup Series driver David Ragan will take to the famed Brickyard to remind fans to “Play It Safe” around railroad tracks. CSX is the primary sponsor of…
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