Class I

BNSF Railway Company (BNSF) on Jan. 19 announced its 2017 capital expenditure plan will be approximately $3.4 billion.
Months before his previously announced official retirement as CEO, Hunter Harrison has abruptly severed all ties with Canadian Pacific, handing the company’s reins to President Keith Creel. According to numerous…
The Association of American Railroads (AAR) on Jan. 18 reported for the week ending Jan. 14, 2017 total U.S. weekly rail traffic was 516,229 carloads and intermodal units, up 2%…
Rail shippers “are more confident in the economy, and the new Trump Administration is providing a degree of both hopeful optimism and uncertainty,” according to Cowen and Company’s 4Q16 Rail…
On Jan. 17, CSX Corporation announced fourth quarter 2016 net earnings of $458 million, or $0.49 per share, versus $466 million, or $0.48 per share, in the same period of…
Trackmobile and Rail Safe Training, Inc. announced on Jan. 16 a new safety partnership. Every new Trackmobile railcar mover sold will now come with complimentary rail safety training from Rail…
The Association of American Railroads (AAR) on Jan. 13 responded to comments filed by a group of shippers to the Surface Transportation Board (STB) for new mandated reciprocal switching ("forced…
Optimism was the main thread that ran across the presentations we saw at the Midwest Association of Rail Shippers (MARS) meeting in Chicago Jan. 11-12. Most people felt better about…
The Association of American Railroads (AAR) reported Jan. 11 for the week ending January 7, 2017,  total U.S. weekly rail traffic was 441,417 carloads and intermodal units, down 11.4% compared…
Noted trucking industry veteran and freight economist Noel Perry appears to hold a positive near-to-intermediate term view of freight markets, projecting truckload capacity to exceed full utilization in 2018, according…
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