Class I

CSX workers and others on Thursday, May 1, 2014, continued to assess the damage caused by a crude-by-rail (CBR) consist that derailed near downtown Lynchburg, Va., Wednesday afternoon, resulting in…
In a 6-to-2 vote, the U.S. Supreme Court has upheld Environmental Protection Agency (EPA) authority to regulate air pollution generated by coal plants that crosses state lines, putting additional pressure…
Combined North American rail volume for the first 16 weeks of 2014 on 13 reporting U.S., Canadian, and Mexican railroads totaled 5,898,862 carloads, flat compared with the same point last…
CSX's Safety Train: Energy Preparedness Program, with rolling classrooms and specialized hands-on training, will soon take to the rails on an expanded first responder training initiative. The train will travel…
Basin Transload LLC, a 60%-owned subsidiary of logistics and marketing company Global Partners LP that transloads crude oil to BNSF, has executed a pipeline connection agreement with Tesoro High Plains…
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-March 2014 rose 0.40%, to 162,968, from the same period in February 2014, and registered…
Coal volume and revenue that dropped 15% and 13%, respectively, in 2014’s first quarter were largely responsible for Norfolk Southern reporting lower net income and operating revenues and a slightly…
“The winter of a lifetime,” as described by CN President and CEO Claude Mongeau, bumped up CN’s first-quarter 2014 operating expenses and ratio compared to the year-ago quarter, but despite…
With net income of C$254 million or C$1.44 per diluted share, Canadian Pacific has posted “the best first quarter financial results in company history,” Chief Executive Officer E. Hunter Harrison…
Union Pacific on April 17, 2014 reported 2014 first quarter net income of $1.1 billion, or $2.38 per diluted share, compared to $957 million, or $2.03 per diluted share, in first-quarter…
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