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Ceres Global Ag Corp. to build BNSF-served commodity logistics hub
Ceres Global Ag Corp. plans to develop a CA$90 million (US$90.23 million) commodity logistics hub in Northgate, SK, Canada connected to BNSF's United States rail network.
PBF Energy East Coast rail facility to see first unit train, further infrastructures improvements
PBF Energy Inc. announced today the completion of the second crude oil unloading facility at its subsidiary's Delaware City refinery. The construction of the 70,000 barrel per day (bpd) rail…
FRA notes rail safety improvement
The Federal Railroad Administration's preliminary accident/incident report for the first 11 months of 2012 shows continued safety improvement in nearly every category.
CN, CP end litigation over Hunter Harrison
CN announced Monday that it had settled its differences with CP and its former CEO Hunter Harrison over Harrison's joining CP as CEO. The announcement came as CN Executive Vice-President…
More mixed U.S. freight traffic, AAR reports
U.S. intermodal volume continues to shine as 2013 establishes itself, up 1.6% for the week ending Jan. 26, 2013, measured against the comparable week in 2012, according to the Association…
LaHood to step down in February
Transportation Secretary Ray LaHood, says he will leave the Obama administration in February, ending months of speculation over the possibility of continuing in his role during the administration’s second term.
CP terms 4Q earnings “solid”
Canadian Pacific Tuesday morning announced fourth-quarter diluted per share earnings of C$1.28, exclusive of “significant items,” up 15% from C$1.11 diluted per share earnings, also exclusive of such items, in…
UP employees achieve new safety record
Union Pacific's 2012 employee safety performance was the best in the company's 150-year history—a 1.01 reportable injury rate, surpassing the former record of 1.15 achieved in 2011. From 2002 to 2012, employees improved…
NS budgets $2 billion for 2013 capex
Norfolk Southern Monday disclosed its intent to invest $2 billion in 2013 for capital improvements. The largest portion of that amount, $831 million, will be for rail right-of-way upgrades, the company…
U.S. freight traffic stays mixed in latest week
U.S. freight carload traffic for the week ending Jan. 19, 2013 was down 3.5% measured against the comparable week in 2012, the Association of American Railroads said Thursday. U.S. intermodal…
CSX 4Q earnings dip; full-year earnings advance
CSX Corp. Tuesday afternoon reported fourth-quarter 2012 net earnings of $443 million, or 43 cents per share, compared with $457 million, or 43 cents per share, in the comparable 2011…
NS 4Q and full-year results slip
Norfolk Southern Corp. Tuesday afternoon reported fourth-quarter 2012 net income of $413 million, or $1.30 per diluted share, compared with $480 million, or $1.42 per diluted share, earned in the fourth quarter of…
CN notches solid 4Q results
Canadian National Tuesday reported fourth-quarter earnings of C$610 million (US$614 million), of C$1.41 per share, up from C$592 million, or C$1.32 a share, in the fourth quarter of 2011. Earnings…
NS opens third Crescent Corridor intermodal terminal
Norfolk Southern on Monday said it has opened its third Crescent Corridor intermodal facility, a $97 million terminal in Greencastle, Pa., in the south central portion of the Keystone State.
BNSF unveils 2013 capital commitment program
BNSF Railway Co. late Friday announced its 2013 capital commitment program of approximately $4.1 billion, which the railroad said was "approximately a $450 million increase over its 2012 capital spend…
December employment up year-over-year
Figures released Friday by the Surface Transportation Board show Class I railroads employed 162,652 people in mid-December 2012, up 1.06 % from December 2011, though down a modest 0.07%, or…
U.S. freight traffic resumes familiar mix(ed)
For the second week of 2013 (and the first week fully within the calendar year), U.S. freight traffic mirrored its most common measure through most of 2012: U.S. carload freight…
CN, Indiana Rail Road plan intermodal venture
CN and the Indiana Rail Road Co. on Wednesday announced plans to construct an intermodal terminal in Indianapolis, designed to offer Indiana importers and exporters an all-rail option for containerized…
OSHA: BNSF signs employee practices accord
The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) on Tuesday said it has signed an accord with BNSF Railway Co., noting "BNSF's voluntary revision of several personnel…
CP touts new Saskatchewan intermodal hub
Canadian Pacific on Monday announced the opening of its Intermodal Facility at Saskatchewan's Global Transportation Hub (GTH) in Regina, the provincial capital.
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