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U.S. intermodal rebounds in latest week
U.S. intermodal volume for the week ending Dec. 15 returned to the plus column it has been in for much of 2013, the Association of American Railroads said Thursday. U.S.…
Employment up year-over-year, past month
Figures released by the Surface Transportation Board show Class I railroads employed 162,766 people in mid-November, up 1.65% from November 2011, and up 0.20% from October 2012.
BNSF CEO sees record 2013 capex
BNSF Railway CEO Matt Rose says his railroad set a company record for capital investment in 2012, but expects to exceed that level in the coming year. BNSF has yet…
Adore or abhor income protection? Thank Jim Hodgson
Perhaps no individual so significantly affected the payment of income protection to rail workers as did President Nixon's labor secretary, James D. Hodgson, who died Nov. 28 at age 96.
Wall Street view: Stuck in neutral?
Looking ahead to 2013, we find the same central question facing us that we have over the past few years, and that is what the economic environment will look like.…
Michigan DOT completes NS rail line buy
In time for the holiday season, the Michigan Department of Transportation (MDOT), Federal Railroad Administration (FRA) and Norfolk Southern Railway Co. (NS) have finalized a $140 million agreement for MDOT…
New Gensets for UP at Proviso Yard
Union Pacific, which 10 years ago broke new ground in locomotive technology by working with a major supplier to develop a Genset locomotive for yard service, on Dec. 12 unveiled…
U.S. freight carload, intermodal moves slip
For the second week in a row, the latest week ending Dec. 8, volume fell for both U.S. carload freight traffic and, more notably, for U.S. intermodal movement as well.
New Ohio short line announced
Hannibal Real Estate of White Plains, N.Y., and Carload Express of Oakmont, Pa., on Wednesday jointly announced agreement to operate the 12.2-mile Omal railway line in Monroe County, Ohio, naming…
UP, L.B. Foster extend crosstie contract
L.B. Foster and Union Pacific have agreed on a multiyear extension of a contract for the supply of prestressed concrete ties from the supplier's Tucson, Ariz., facility. The previous contract was set…
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