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Lonegro: CSX prepared for challenging year
CSX Chief Financial Officer Frank Lonegro on Feb. 17, 2016 highlighted the company’s track record of success during the energy market transition and updated expectations for company performance at the…
Intermodal up for second consecutive week
For the week ending Feb. 13, 2016, North American freight rail traffic experienced a 10% gain in intermodal for the second week in a row, the Association of American Railroads…
Drew Lewis, 1931 – 2016
Former U.S. Transportation Secretary and Union Pacific Chairman and CEO Andrew Lindsay “Drew” Lewis, Jr. died Feb. 10 in Prescott, Ariz. He was 84.
CP will seek STB declaratory order
Canadian Pacific on Tuesday, Feb. 16, 2016 announced it will seek a declaratory order from the U.S. Surface Transportation Board (STB) “confirming the viability of the voting trust structure that…
Guest Editorial: It’s time for Carload Version 2.0
As the rail industry suffers through the 2015-2016 winter of its discontent, it is becoming clearer with each passing week that as an industry we are entering uncharted territory. Former…
The year ahead in Washington
Washington is a rat hole worth watching because, as the politically savvy know, lawmakers and regulators can inflict unexpected, unprovoked and unjustified wounds.
Canadian Pacific on Thursday, Feb. 11, 2016 launched a new website, CPconsolidation.com, purporting the benefits of its proposed acquisition of Norfolk Southern. The website launch came two days after CP…
Intermodal up, carloads down in latest week
For the week ending Feb. 6, 2016, North American freight rail traffic experienced a 10% gain in intermodal, and a corresponding drop in carloads, the Association of American Railroads (AAR)…
CN targeting C$2.9 billion in 2016 capital investments
CN announced on Feb. 10, 2016 the details of its 2016 plan to invest approximately C$2.9 billion in rail infrastructure and equipment “to raise network efficiency, support long-term growth and…
Ackman to NS shareholders: I have a way to make you talk with me
In what some industry observers believe may be a final attempt—short of a proxy battle—by hedge fund head Bill Ackman at a hostile takeover of Norfolk Southern, Canadian Pacific on…
Amtrak to STB: Intermediate stops count
In comments filed with the Surface Transportation Board’s Ex Parte 726, Notice of Proposed Rulemaking on On-Time Performance under Section 213 of the Passenger Rail Investment and Improvement Act of 2008…
Congressman Goodlatte tours PRS locomotive and rail car services facility
On Feb. 5, 2016, U.S. Congressman Bob Goodlatte (R-VA-06) joined National Railroad Construction & Maintenance Association (NRC) member—Progress Rail Services (PRS)—for a tour of its locomotive and rail car services…
Railway Age’s inaugural Fast Trackers—10 Rising Stars Under 40, are ten individuals under the age of 40 who have made an impact in their respective fields or within their company.
CSX, Front Row Motorsports re-team for NASCAR Sprint Cup Series
For a fourth consecutive season, CSX and Front Row Motorsports will join forces to promote public safety around railroad tracks with the No. 34 “Play It Safe” Ford Fusion in…
UP trims capital spending, launches grade crossing evaluation program
Union Pacific on Feb. 5, 2016 announced a 2016 capital plan of approximately $3.75 billion, about $550 million lower than 2015. The plan includes $375 million for Positive Train Control.…
NS: $4.2 billion invested along rail lines in 2015
Norfolk Southern assisted 93 industries in locating or expanding their businesses along its rail lines in 2015, the railroad reported on Feb. 4, 2016.
RBN Energy: CBR economics aren’t what they used to be
The crude by rail (CBR) boom that less than two years ago preoccupied the industry and generated intense regulatory scrutiny is, for all intents and purposes, over, according to a…
Tradepoint Atlantic Railroad names new Terminal Manager
Tradepoint Atlantic, a 3,100-acre multimodal industrial site in Baltimore, Md., that features a unique combination of access to deepwater berths, railroads and highways, announced on Feb. 4, 2016 that Paul…
AAR: Rail service is excellent but volume just isn’t there
In reporting rail traffic for January 2016, Association of American Railroads (AAR) Senior Vice President John T. Gray said, “"Intermodal was solid in January, but carload volumes weren't what railroads…
Another white paper from Canadian Pacific
Continuing its hostile pursuit of Norfolk Southern, and faced with some stiff political and rail industry opposition in the U.S., Canadian Pacific on Feb. 3, 2016 released a white paper,…
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