Class I

North America’s Class I railroads have embarked on a rail operations safety initiative that will institute new voluntary operating practices for moving crude oil by rail. The initiative, which follows…
Speaking on Feb. 20, 2014 in Washington, D.C., to a U.S. Chamber of Commerce meeting on infrastructure, Norfolk Southern CEO Wick Moorman said freight railroads are “essential to driving America’s…
Both U.S. freight carload traffic and U.S. intermodal volume declined during the week ending Feb. 15, 2014, measured against the comparable week in 2013, the Association of American Railroads reported…
At the turn of the 20th century, seven-term Mexican President Porfirio Diaz is cited as having complained, “Poor Mexico, so far from God and so close to the United States.”
A railway reform bill that has been approved by the lower house of Mexico’s Congress and that would impose a form of open access has had a major impact on…
CN announced on Feb. 19, 2014 a capital investment plan worth approximately C$2.1 billion (US$1.9 billion) “to continue to raise network safety and efficiency, improve service, and grow the business.”…
Union Pacific Corp. Chairman James R. (Jim) Young, who worked his way from an entry-level finance position to Chairman, President and Chief Executive Officer, died Feb. 15, 2014 after a…
Fourth-quarter and full-year 2013 Class I financial results and accompanying railroad management commentaries have reinforced Wall Street’s favorable view of the rail sector, according to Cowen & Co. Managing Director…
CN is charger a higher rate to move crude oil in DOT-111 tank cars built prior to October 2011, when Association of American Railroads CPC (Casualty Prevention Circular)-1232 safety standards…
Resuming a pattern predominant through 2013, U.S. intermodal volume gained ground, while U.S. carload freight fell short, during the week ending Feb. 8, 2014, the Association of American Railroads reported…
6
Page 6 of 81