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CAGTC endorses Build America Investment Initiative
The Coalition for America’s Gateways and Trade Corridors (CAGTC), a freight transportation advocacy group, has endorsed the Obama Administration’s Build America Investment Initiative, which consists of plans to move infrastructure…
KCS reports strong 2Q results
Kansas City Southern early Friday, July 18, 2014, reported higher second-quarter net income and revenue, which it said was powered by strong agriculture and automotive shipments.
Strong gains for North American freight traffic
Railroads in all three major North American nations scored solid gains in freight rail traffic during the week ending July 12, 2014, the Association of American Railroads reported Thursday, July…
BNSF, SMART seek historic crew consist revision
A gutsy, proactive, and far-sighted collaboration between BNSF and a general committee of its largest labor union has produced a tentative agreement to allow freight trains equipped with Positive Train…
CP touts “strongest financial results” in 2Q
Canadian Pacific early Thursday, July 17, 2014, reported second-quarter net income of C$371 million (US$345 million), or C$2.11 (US$1.96) per diluted share, a record for the second quarter, and up…
NS releases latest sustainability report
Norfolk Southern Corp. released its latest "Connections" sustainability report Wednesday, July 16, 2014, detailing its ongoing efforts to contribute to a cleaner environment, a healthier economy, and stronger communities.
Record 2Q earnings, revenue, for CSX
CSX Corp. announced record second-quarter net earnings of $529 million, or 53 cents per share, Tuesday afternoon, July 15, 2014, after the closing bell on Wall Street. Results were up…
AAR Associate Membership grows by five
Five companies joined the Association of American Railroads as Associate Members in June 2014.
Survey: Shippers expect business to grow
The average growth rate by which shippers anticipate their businesses to grow has increased, the pricing and employment outlook remains solid, and ongoing rail traffic strength has been aided only…
CSX completes five-state Maintenance Jamboree
CSX has performed annual Maintenance Jamborees since 1999, when a machine operator coined the term “Jamboree” to describe the mass gathering of maintenance-of-way crews and equipment in one area. The…
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