Class I

Oregon Governor Kate Brown released the following statement regarding the Federal Railroad Administration's June 23rd Preliminary Factual Findings Report on the June 3rd derailment of Union Pacific's crude oil train:
The Federal Railroad Administration on June 23, 2106 released its preliminary findings on the June 3 Oregon crude oil derailment and found at fault: bolts, brakes and Union Pacific.
In reporting U.S. rail traffic for the week ending June 18, 2016, the Association of American Railroads noted a large increase in grain shipments that partially offset substantial losses in…
Kansas City Southern announced June 22 that the Meridian Speedway©, LLC (MSLLC), is investing approximately $28 million in 2016 on construction and improvement projects on its Vicksburg and Meridian Subdivisions.
Canadian Pacific on June 21, 2016 provided an earnings outlook for the year’s second-quarter “due to lower-than-anticipated volumes in bulk commodities, such as grain and potash, the unexpected and devastating…
HNTB Corporation has hired Ian Choudri in the new position of national rail and transit business development director and senior vice president, where he will support the firm's growth across…
As the industry continues to weather the current economic storm, Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl offers the following analysis:
The Surface Transportation Board (STB) issued an Advanced Notice of Proposed Rulemaking (ANPR) on June 15, 2016 outlining measures to expedite its handling of rate cases.
For the week ending Jun. 11, 2016, the Association of American Railroads (AAR) reports total U.S. weekly rail traffic was 513,471 carloads and intermodal units, down 7.5% compared with the…
For the fourth consecutive year, CSX was named one of IDG Computerworld’s Best Places to Work in IT, ranking number 41 among large organizations.
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