Class I

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…
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…
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…
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),…
Kansas City Southern has made organizational changes within the operations department of its U.S. subsidiary, The Kansas City Southern Railway Company (KCSR).
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…
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…
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 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…
Union Pacific said Thursday, July 24, 2014 its second-quarter net earnings rose 17%, to $1.29 billion, or $1.43 per share, measured against $1.11 billion, or $1.18 per share, in the…
The U.S. Department of Transportation on Wednesday, July 23, 2014, issued a long-anticipated Notice of Proposed Rulemaking (NPRM) involving a new, stricter set of rules for crude-by-rail (CBR) train movements…
Norfolk Southern Corp. early Wednesday, July 23, 2014 reported "record net income" of $462 million, or diluted earnings per share of $1.79, in the second quarter. Those marks were 21%…
In a July 20, 2014 letter to SMART-Transportation Division International Representative John W. Babler and General Chairperson Randall S. Knutson, former United Transportation Union International President Paul C. Thompson expresses…
Rebounding from a first quarter hampered by what its CEO called the "winter of a lifetime," CN late Monday, July 21, 2014 reported second-quarter net income of C$847 million (US$789…
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-June 2014 rose 1.02%, to 166,139, from June 2013, and also gained modestly previous month,…
A series of wildfires in central and eastern Washington state, some blazing for nearly a week, have devastated entire communities and left several sections of railway damaged.
The Coalition for America’s Gateways and Trade Corridors (CAGTC), a freight transportation advocacy group, has endorsed the Obama Administration’s Build America Investment Initiative, which consists of plans to move infrastructure…
Kansas City Southern early Friday, July 18, 2014, reported higher second-quarter net income and revenue, which it said was powered by strong agriculture and automotive shipments.
Railroads in all three major North American nations scored solid gains in freight rail traffic during the week ending July 12, 2014, the Association of American Railroads reported Thursday, July…
A gutsy, proactive, and far-sighted collaboration between BNSF and a general committee of its largest labor union has produced a tentative agreement to allow freight trains equipped with Positive Train…
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