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KCS succession plan continues on-track
Kansas City Southern on Thursday, Aug. 8 announced, “in furtherance of its long-term succession planning,” that Michael R. Haverty will transition from his current position of Executive Chairman and employee…
Crew-consist debate heating up once again
Trick question: How many persons are needed to operate a freight train?
CSX acquires Eastern Associated Terminal
CSX Corp. announced Tuesday, Aug. 7, the purchase of the Eastern Associated Terminal in Tampa, Fla. from the Ingram Barge Company. The 22-acre phosphate export facility is adjacent to CSX…
Norfolk Southern: Anticipate, adapt, accomplish
The goal of capital expenditures is to link investments to the quality of the transportation product, generating increased customer satisfaction. Perhaps no railroad does it better than Norfolk Southern.
Rail cost of capital fell slightly in 2012
The Surface Transportation Board announced Friday, Aug. 2, 2013, that it has determined that the rail industry’s after-tax cost of capital was 11.11%. Last year, the cost of capital was…
U.S. freight traffic up in latest week
U.S. freight traffic sectors did better than Canadian and Mexican counterparts during the week ending July 27, 2013, the Association of American Railroads said Thursday, Aug. 1, as both freight…
Freight car market headed for new growth in 2014
Economic Planning Associates, in its quarterly freight car building forecast released Monday, July 29, expects this year’s numbers, which are lagging about 11% behind 2012’s, to improve significantly in 2014. “Based…
UP: A return to steam for Big Boy 4014
One of the largest and perhaps most famous steam locomotives ever built—Union Pacific’s articulated 4-8-8-4 “Big Boy” No. 4014—will be restored to operating condition by UP’s Cheyenne, Wyo.-based Heritage Fleet…
David Ragan, CSX set to Play It Safe at Indianapolis
CSX and Sprint Cup Series driver David Ragan will take to the famed Brickyard to remind fans to “Play It Safe” around railroad tracks. CSX is the primary sponsor of…
AAR: U.S. carloads down, intermodal up, in latest week
U.S. freight carload volume fell 3% during the week ending July 20, 2013, measured agains the comparable week in 2012, the Association of American Railroads reported Thursday, July 25. Countering…
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