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STB seeks comment on “safe harbor” provision
The Surface Transportation Board on Thursday, May 29, 2014, instituted an Advance Notice of Proposed Rulemaking proceeding to provide interested persons the opportunity to comment on whether the "safe harbor"…
North American freight traffic growth rolls on
The three largest North American nations all saw freight rail traffic gain once again in the latest week ending May 24, 2014, the Association of American Railroads said Thursday, May…
UP officially opens New Mexico rail facility
New Mexico Gov. Susana Martinez joined Union Pacific Chairman and CEO Jack Koraleski in ceremonially opening UP's new 2,200-acre facility in Santa Teresa, N.M. on Wednesday, May 28, 2014.
NS President Squires assumes expanded role
Norfolk Southern Corp. Chairman and CEO Wick Moorman on Wednesday, May 28, 2014, announced that President James A. Squires will assume additional responsibilities in line with the company's normal succession planning process.
North American freight rail growth continues
Freight rail traffic in all three major North American nations gained ground during the week ending May 17, 2014, just as they did the week before, the Association of American…
BNSF, Ferromex set Chicago-Mexico intermodal service
BNSF Railway and Ferromex (FXE) announced a new intermodal service between Chicago and Silao, Guanajuato, Mexico, on Tuesday, May 20, 2014.
Train crews power mid-April employment gains
Figures released by the Surface Transportation Board show Class I railroad employment rose 0.31% in mid-April 2014, measured against a year earlier, and also advanced 0.81% from mid-March levels.
Gains continue for U.S. freight traffic
U.S. freight rail traffic rose during the week ending May 10, 2014, extending gains for the year to date, the Association of American Railroads reported Thursday, May 15.
Class action suit targets KCS
Kansas City Southern appears to have become the target of shareholder class action, including from a law firm claiming the Class I railroad "and certain of its executive officers made…
CSX CFO: Growth modest in 2014, robust in 2015
Despite the difficult winter conditions of the first quarter, CSX is positioned to capitalize on underlying economic strength and market opportunities in the balance of 2014 to grow earnings, Fredrik…
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