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NS annual report reflects “outstanding year”
Norfolk Southern’s 2014 Annual Report, titled “Behind Every Train,” highlights “record-setting net income, revenues, operating income, earnings per share, and operating ratio.” “2014 was an outstanding year,” said CEO Wick…
Rail stocks slide following KCS outlook downgrade
Railroad stocks slid precipitously on Monday, March 23, 2015, pulling down the broader transport sector, after Kansas City Southern, citing the negative effects of lower oil prices and continued weakness…
Senate bill would mandate STB reforms
It is shipper-friendly legislation with which freight railroads probably can live. And while it’s not all the stuff so-called captive shippers would prefer—such as mandatory caps on rail rates and…
Senators seek to speed infrastructure permitting
Bi-partisan legislation has been introduced in the Senate to remedy what are termed “significant challenges in the federal environmental permitting process” that delay and discourage railroads from constructing additional capacity.
BNSF drones will patrol the track
One need not look to the wild blue yonder to find the BNSF air force. Soon, it will be patrolling BNSF tracks from altitudes no higher than 500 feet, but…
Via Rail pondering alternative Ontario routing for suspended Canadian
After months of late arrivals due to track congestion on CN’s northern Ontario main line, compounded by slow orders arising from CN’s efforts to recover from two tar sands oil…
SMART will have new president May 1
One of the largest rail labor unions—the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART)—will have a new president May 1 upon the unexpected retirement April 30…
Norfolk Southern expands “Railroad University”
Norfolk Southern on March 18, 2015 held a ribbon-cutting ceremony to celebrate the expansion of its “Railroad University” and “redoubled its commitment to superior transportation services for its present and…
Weekly rail traffic: Intermodal gains offset carload declines
According to the most recent figures from the Association of American Railroads, surging intermodal traffic helped offset carload decreases in certain commodities for the week ending March 14, 2015.
CN slates new Milton intermodal and logistics hub
CN announced March 17, 2015 a plan to build a C$250 million intermodal and logistics hub adjacent to its main line in Milton, Ont., located approximately 30 miles west of…
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