Class I

Union Pacific’s board of directors elected President and Chief Operating Officer Lance Fritz Chairman, President and Chief Executive Officer, effective Oct. 1, 2015. He succeeds John Koraleski as Chairman. Koraleski…
The Federal Railroad Administration (FRA) issued on July 30, 2015 a final rule to prevent unattended trains that carry crude oil, ethanol, poisonous by inhalation (PIH), toxic by inhalation (TIH),…
Kansas City Southern (KCS) on July 30, 2015, celebrated the dedication of its new, state-of-the-art intermodal terminal in Wylie, Tex., with a ribbon-cutting ceremony that included the attendance of local…
Bakken crude oil hauled in unit trains may disappear by 2017, according to an analysis conducted by RBN Energy LLC.
Yangtze Railroad Materials has formed a joint venture with Anyang Railway Equipment LLC, a top Chinese materials manufacturer based in the city of Anyang, in the Henan Province of China,…
For the week ending July 25, 2015, total U.S. weekly rail traffic was 557,612 carloads and intermodal units, down 2.5% compared with the same week last year, as only one…
“Short-term pressure,” in the words of President and CEO Jim Squires, contributed to Norfolk Southern on July 27, 2015 posting second-quarter 2015 financials with significant declines in net income, operating revenues…
The Sunday, July 26, 2015 Brickyard 400 NASCAR Sprint Cup Series race at Indianapolis Motor Speedway will have not one, but two CSX-primary-sponsored Front Row Motorsports Ford Fusions running: The…
Net income of $1.2 billion, compared with 2014 net income of $1.3 billion, combined with an operating revenue decrease of 10% and an operating income down 11%, resulted in a…
For the week ending July 18, 2015, total U.S. weekly rail traffic was 551,181 carloads and intermodal units, down 2.8% compared with the same week last year, as carload traffic…
Testifying at a  July 22, 2015 Surface Transportation Board hearing on railroad revenue adequacy, the Association of American Railroads, executives from its member railroads and economic experts urged federal regulators…
The Federal Railroad Administration on July 22, 2015 sent a reminder to railroads transporting crude oil that the Emergency Order issued May 7, 2014 (Docket No. DOT-OST-2014-0067) requiring them to…
Canadian Pacific Railway on July 21, 2015 posted its highest-ever net income and lowest-ever operating ratio for a second quarter.
Net income of C$866 million, compared with net income of C$847 million in second-quarter 2014, combined with an operating income increase of 8% and a record-low quarterly operating ratio of…
A revenue decline in all but one commodity group, including a precipitous drop in energy revenue, resulted in a difficult second-quarter 2105 for Kansas City Southern, the railroad reported on…
For the week ending July 11, 2015, total U.S. weekly rail traffic was 534,097 carloads and intermodal units, down 2.4% compared with the same week last year, as carload traffic…
Based on data from the Surface Transportation Board (STB) and Petroleum Supply Monthly, the U.S. Energy Information Administration has reported that rail and pipeline shipments of crude oil from the…
With quarterly operating income of more than $1 billion, an operating ratio of 66.8%, and net earnings of $553 million, CSX posted record financial results for the second quarter of…
Union Pacific Railroad (UP) is investing nearly $15 million in its rail line between the Missouri/Iowa border and Trenton, Mo., part of an overall $66 million program in that state,…
CSX Corporation (CSX) launched on July 13, 2015 its fifth annual Corporate Social Responsibility Report, Moving Forward, highlighting the company’s progress in 2014 toward goals related to business performance, employee…
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