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Record 2Q earnings, revenue, for CSX
CSX Corp. announced record second-quarter net earnings of $529 million, or 53 cents per share, Tuesday afternoon, July 15, 2014, after the closing bell on Wall Street. Results were up…
AAR Associate Membership grows by five
Five companies joined the Association of American Railroads as Associate Members in June 2014.
Survey: Shippers expect business to grow
The average growth rate by which shippers anticipate their businesses to grow has increased, the pricing and employment outlook remains solid, and ongoing rail traffic strength has been aided only…
CSX completes five-state Maintenance Jamboree
CSX has performed annual Maintenance Jamborees since 1999, when a machine operator coined the term “Jamboree” to describe the mass gathering of maintenance-of-way crews and equipment in one area. The…
Richard W. Sprague, 1929-2014
Richard Wilder Sprague, 85, retired senior vice president, Bangor & Aroostook Railroad, died July 5, 2014, at Malvern, Pa.
For U.S. freight traffic, gains keep accumulating
U.S. freight rail traffic continued growing in the week ending July 5, 2014, measured against the comparable week in 2013, the Association of American Railroads said Thursday, July 10, 2014.
Midyear Report: Riding a tide of prosperity
With traffic in most commodities on an upswing and capital investment at record levels, the railroads are on track for another prosperous year.
Rebuilding an empire
BNSF is expanding its Northern Corridor to meet increasing demand.
STB's newest: Status quo beware
Moving homogeneous electrons through wires, or freight in trucks over publicly financed highways, is hardly akin to moving cargo over privately owned and maintained railroads.
U.S. freight traffic wraps up good June
U.S. freight traffic scored gains in the final full week of June ending June 28, 2014, capping off a full month of advances, the Association of American Railroads said Thursday,…
CBR obstacles vary, but multiply
Pushback against crude-by-rail (CBR) oil shipments continues to develop in a variety of ways, from local protests to looming action from the Department of Transportation (DOT) and the Pipeline and…
Illinois, UP mark projects new and old
Illinois Gov. Pat Quinn and Illinois U.S. Sen. Dick Durban (D) joined Union Pacific President and COO Lance Fritz Friday, June 27, 2014, to announce a joint $90 million addition…
GE Client Conference spotlights software innovations
At its 25th Annual Client Conference June 23-25, 2014, GE Transportation announced new software systems and services and recognized seven customers with its Fast Track Award for rail industry software…
AAR to STB: Market forces aid grain shippers
In a 24-page submission to the Surface Transportation Board dated Thursday, June 26, 2014, the Association of American Railroads (AAR) responded to STB's request "seeking input on the Board's rate…
Intermodal volume boosts U.S. freight traffic
U.S. freight traffic scored another advance during the week ending June 21, 2014, aided by intermodal volume the Association of American Railroads described Thursday, June 26, as "the highest week…
CSX touts advances in corporate social responsibility
CSX’s 2013 Corporate Social Responsibility (CSR) Report “shows continued progress in 2013 on the company’s safety, environmental and community engagement initiatives,” according to Chairman, President and CEO Michael J. Ward.
STB to Class I’s: File grain order plans
The Surface Transportation Board is requiring Canadian Pacific and BNSF “to publicly file their plans to timely resolve their backlogs of grain car orders, as well as weekly status reports…
AAR awards CSX employee top environmental honor
The Association of American Railroads has bestowed its highest environmental honor, the John H. Chafee Environmental Excellence Award, on Chris Durden, of CSX Intermodal Terminals.
IANA, AAR offer intermodal counsel
The Intermodal Association of North America (IANA) and the Association of American Railroads (AAR) will jointly offer educational sessions highlighting intermodal's significant and growing role in railroads' transportation mix, beginning…
U.S. intermodal leads North American freight traffic gains
All three major North American nations saw freight traffic gains during the week ending June 14, 2014, measured against the comparable week in 2013, the Association of American Railroads said…
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