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Good 2Q for BNSF
BNSF Railway, wholly owned by Omaha-based Berkshire Hathaway, Inc., has reported second-quarter net income of $916 million, up 4% from $884 million in the comparable quarter of 2013.
Railroad Ten-Year Trends available from the AAR
Now available from the Association of American Railroads is the latest edition of Railroad Ten-Year Trends, which contains a variety of railroad-related data for the years 2003-2012. More than 60…
STB sets 2013 railroad cost of capital at 11.32%
The Surface Transportation Board on July 31, 2014 issued its decision calculating the railroad industry’s after-tax cost of capital for 2013 as 11.32%, a slight increase over 2012’s 11.12%. The…
Rail freight traffic continues to grow
The Association of American Railroads reported continued growth in U.S. rail traffic for the week ending July 26, 2014, with 306,988 total carloads, up 4.3% compared with the same week…
What history can tell us about things to come
In February 1882, Joseph Osgood allowed shortsightedness to steer him wrong. As newly-appointed chief engineer for the California Southern Railroad (which would later become part of the Santa Fe Railway),…
KCSR reorganizes operating department
Kansas City Southern has made organizational changes within the operations department of its U.S. subsidiary, The Kansas City Southern Railway Company (KCSR).
CN, CP: Bring on the harvest
Canada’s 2014-2015 grain harvest will soon be under way, and both CN and Canadian Pacific say they are well-prepared to accommodate the new harvest with a steady throughput rate in…
When you get a good deal, take it
Arbitrator Robert O. Harris told the United Transportation Union (UTU) and railroads in 1991, then unable to agree at the bargaining table, “Welcome to the oldest established craps game in…
EPA railcar overview: Short-term deliveries rising, with a “formidable” backlog
Economic Planning Associates has once again raised its estimate for 2104-2015 freight car deliveries, based on “a strong first-half 2014” and “a formidable backlog” approaching 100,000 units.
U.S. freight traffic gains again in latest week
U.S. freight rail traffic for the week ending July 19, 2014 advanced yet again, the Association of American Railroads reported Thursday, July 24, with Canadian rail traffic and Mexican carload…
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