Class I

Figures released by the Surface Transportation Board Friday show Class I railroads employed 160,428 people in mid-September, up a modest 0.12% from September 2011, but down 1.39% (95 employees) from…
Despite record revenue for the third quarter, Kansas City Southern earnings of $90 million, or 82 cents per share, fell from $99.8 million, or 91 cents per share, in the…
CN and Tundra Energy Marketing Ltd., which handles crude oil on behalf of producers in the Williston Basin, including parent company Tundra Oil & Gas Partnership, have signed a memorandum…
U.S. freight carload traffic for the week ending Oct. 13, 2012 remained unable to surmount 2011 levels, down 6.1% when measured against the comparable week one year ago, the Association…
Alfred E. Michon, president of four regional railroads who also worked with both Burlington Northern (now BNSF) and Union Pacific, died Oct. 9 at age 75.
Union Pacific early Thursday reported third-quarter earnings of $1 billion, or $2.19 per diluted share, up from $904 million, or $1.85 per diluted share, in the comparable period in 2011…
Maryland's Board of Public Works has awarded Bombardier Transportation a six-year, $204.7 million contract to operate MARC's Camden and Brunswick passenger rail lines. A five-year renewal option worth $205 million…
The Surface Transportation Board announced Wednesday its determination that two of the five major U. S. freight railroads, Norfolk Southern and Union Pacific, were "revenue adequate" in 2011. This means that their…
Norfolk Southern CEO Wick Moorman and Alabama Gov. Robert Bentley joined federal, state, and local officials and business leaders Wednesday in McCalla, Ala., to mark the opening of the Birmingham…
In a move long anticipated by many rail industry observers, Canadian Pacific Wednesday announced the senior operations team who will lead the execution of the new service plans under CP…
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