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Cowen and Company: Railroads look to modest growth
Cowen and Company’s 8th Annual Global Transportation Conference featured presentations by publicly traded U.S. railroads as well as a panel discussion on the railcar industry. In general, traffic levels appear…
Rail traffic continues to show signs of growth
For the week ending Sept. 2, 2015, total U.S. rail traffic was 567,206 carloads and intermodal units, up 8% compared with the same week in 2014, the Association of American…
The locomotive landscape
2015 is adding up to be a year of innovation, and a few surprises, in the North American locomotive market.
CSX updates third-quarter and full-year 2015 expectations
CSX Chief Sales and Marketing Officer Fredrik Eliasson, formerly the company’s CFO, on Sept. 9, 2015 reviewed performance to date and updated investors on the company’s third-quarter and full-year expectations…
CSX: Munoz sheds wheels for wings; Gooden elevated to President
CSX President and Chief Operating Officer Oscar Munoz has left the railroad, effective immediately, to become President and Chief Executive Officer of United Continental Holdings, Inc., parent company of United…
Is PTC a prelude to crewless trains?
An assistant to the president of the Westinghouse Air Brake Company once said, “… let us direct our thoughts toward what would be required in the way of equipment or…
CSX, Conservation Fund promote healthy eating
“As one of the nation’s premier transportation companies, with an important role in transporting agricultural and food-service products, CSX recognizes that there are communities across its network that lack the…
AAR: “Demand for rail service should continue to grow”
In reporting weekly U.S. rail traffic as well as volumes for August 2015 and the first eight months of 2015, the Association of American Railroads said that traffic is beginning…
Introducing the NS GP33ECO
Norfolk Southern unveiled on Sept. 1, 2015 its new GP33ECO switcher locomotive during ceremonies at Inman Yard in Atlanta, Ga.
Holland to perform wheel truing for Class I railroad
Holland LP has been chosen to perform wheel truing services for a Class I railroad at the railroad’s field locations in Texas and New Mexico, the company announced Aug. 31,…
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