Class I

Norfolk Southern, having shaken off unwanted suitor Canadian Pacific, reported “strong first-quarter [2016] results [that] demonstrate the significant progress we are making in line with our strategic plan,” according to…
Norfolk Southern Corp. on April 20, 2016 announced that it will downsize its Knoxville, Tenn., classification yard, effective May 1. “The action is in response to lower traffic volumes and…
Union Pacific on April 21, 2016 reported 2016 first-quarter net income of nearly $1 billion, or $1.16 per diluted share, compared to about $1.2 billion, or $1.30 per diluted share,…
Freight traffic still shows no signs of growth in the week ending April 16, 2016, as carloads and intermodal units were both down nearly 13% and 7.5%, respectively, the Association…
BNSF Railway Company (BNSF) on April 19, 2016 honored 109 shippers with the railroad’s 19th Annual Product Stewardship Award for the safe transportation of hazardous materials by rail during 2015.
An RBN Energy LLC analysis shows that about 1.7 million barrels per day of crude by rail (CBR) unload capacity has been built out and is operating in the Gulf…
Despite a 4% drop in revenues, Canadian Pacific Railway Ltd. posted its lowest-ever first-quarter operating ratio of 58.9% and reported diluted earnings per share of $3.51, or $2.50 on an…
Kansas City Southern (KCS) on April 19, 2016 reported a first quarter 2016 operating ratio of 66.6%, a 2.3-point improvement from 70.5% in first-quarter 2015. KCS also reported first-quarter 2016…
BNSF Railway Company (BNSF) recently recognized a special group of employees for their outstanding achievements in 2015 at an awards ceremony in Fort Worth, Tex. The annual Employees of the…
In a letter to the Surface Transportation Board filed April 13, 2016, CSX contends that “giving Amtrak trains absolute priority over the old RF&P (Washington-Richmond right-of-way) upends commuter train operations,…
Toyota Logistics Services for the second year in a row named BNSF Railway Company (BNSF) the 2015 recipient of the President’s Award for Logistics Excellence. The President’s Award is Toyota’s…
Freight traffic in the month of April, at least so far, isn’t showing signs of improvement. For the week ending April 9, 2016, carloads and intermodal units were down 20%…
“Progress is about harnessing technology that promotes safety, efficiency and better customer service,” according to CSX. “Machine vision gives us new vantages of passing cars, from top-of-car views to undercarriage…
How machine vision is revolutionizing automated vehicle health monitoring.
The Association of American Railroads on April 12, 2016 presented Michael Hoey, a CSX Transportation civil engineer from Philadelphia, Pa., the 2016 John H. Chafee Environmental Excellence Award. U.S. Senator…
Impacted by lower volume, CSX posted first-quarter 2016 net earnings of $356 million, or $0.37 per share, down from $442 million, or $0.45 per share, in the same period of…
Harold Francis Murray, former Senior Advisor – Passenger and On Board Services, PTSI Transportation, Winnipeg, Alberta, Canada, has passed away, the company announced April 11, 2016. He was 92.
Rail price increases will come at a slowing rate over the next 6-12 months, says Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl. This…
Well, it’s all over but the ruminating and regurgitating: Hedge fund king Bill Ackman had his blinders ripped off, read the handwriting on the wall, and wisely deep-sixed his attempt…
On Monday, April 11, 2016, Canadian Pacific Railway Ltd. terminated its efforts to merge with Norfolk Southern Corp.. This includes “withdrawal of a resolution asking NS shareholders to vote in…
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