Class I

Freight rail traffic continued to increase for North America's three largest economies in the week ending Oct. 18, 2014, led by strong U.S. rail gains, the Association of American Railroads…
Union Pacific said Thursday, Oct. 23, 2014 its third-quarter earnings rose 19% measured against the comparable quarter in 2013, to $1.37 billion, or $1.53 per share, from $1.15 billion, or…
Figures released by the Surface Transportation Board on Thursday, Oct. 23, 2014, show total Class I railroad employment as of mid-September 2014 rose 3.35% to 168,703, from mid-September 2013, and…
During third-quarter 2014 earnings presentations, two Class I CEOs with considerable experience in mega-mergers expressed opposing viewpoints on the merits of a final round of railroad mergers that would presumably…
Norfolk Southern early Wednesday, Oct. 22, 2014, reported net income of $559 million in the third quarter, up 16% from $482 million in the third quarter of 2013 and a…
CN has reported record financial and operating results for the third quarter and nine-month period ended Sept. 30, 2014.
CSX has entered into an agreement with Savage for mobile locomotive fueling services at 30 sites across the CSX network in the eastern U.S.
Canadian Pacific Railway on Tuesday, Oct. 21, 2014, announced record third-quarter net income of C$400 million (US$356.4 million), or C$2.31 (US$2.06) per diluted share, up from C$324 million or C$1.84…
Breaking its relative silence, Canadian Pacific Railway announced Oct. 20, 2014 that it is no longer pursuing CSX as a merger partner. “Exploratory conversations held with CSX Corp. about a…
The Federal Highway Administration (FHWA) has issued a combined Final Environmental Impact Statement (EIS) and Record of Decision (ROD) for the Chicago Region Environmental and Transportation Efficiency (CREATE) Program 75th…
Kansas City Southern on Friday, Oct. 17, 2014 reported third-quarter 2014 revenue of $678 million, up 9% from the third quarter of 2013. Carload volumes for the quarter were up…
U.S. freight rail traffic kept advancing in the latest week ending Oct. 11, 2014, the Association of American Railroads (AAR) reported Thursday, Oct 16, suggesting continued U.S economic strength may…
The New Mexico Border Authority has selected HNTB Corp. perform a comprehensive study determining the feasibility of a new rail bypass and international rail border crossing near the Santa Teresa,…
The Surface Transportation Board, in a decision dated Oct. 14, 2014 (Docket No. EP 724, “United States Rail Service Issues,” has asked Canadian Pacific Railway to “answer specific questions to…
CSX posted record third-quarter 2014 net earnings of $509 million, or $0.51 per share, up from net earnings of $455 million, or $0.45 per share, in the same period last…
Cummins Inc. is presenting its engine lineup for public transportation customers at the American Public Transportation Association (APTA) Expo in Houston. Products available for both transit bus and rail markets…
At age 70, when most of his contemporaries have retired, Canadian Pacific (CP) Chairman Hunter Harrison is plotting his legacy—a seamless North American transcontinental rail duopoly initiated by his proposed…
Canadian Pacific has approached CSX about a merger, and CSX has rejected the proposal, according to reports in The Wall Street Journal, New York Times, Toronto’s Globe & Mail, and…
"Tawdry," is how one Washington transportation attorney describes the self-interest assaults by powerful congressional lawmakers on federal regulatory agency officials.
U.S. freight traffic continued to notch gains during the week ending Oct. 4, 2014, the Association of American Railroads reported Thursday, Oct. 9.
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