Norfolk Southern produces another champion! One of the best ways to describe Norfolk Southern is to state that it operates like a well-oiled machine—efficiently, quietly, safely (that’s an understatement), without…
House Rep. Adam Smith (D-Wash.) on Thursday introduced legislation aimed at funding “the nation’s oversubscribed and underfinanced freight infrastructure network.”
U.S. freight carload traffic rose 2.8% for the week ending Dec. 3, 2011, measured against the comparable week in 2010, the Association of American Railroads said Thursday. U.S. intermodal volume…
Union Pacific said Wednesday it is offering commemorative Union Pacific Railroad 150th anniversary merchandise for sale, as UP kicks off its year-long sesquicentennial celebration.
Growing freight traffic potential, spurred on by energy production activity in the Marcellus Shale formation in western New York State and Pennsylvania, is encouraging Norfolk Southern to replace a historic…
Represented by the National Carriers’ Conference Committee, the major U.S. railroads late Thursday reached tentative agreements with the Brotherhood of Locomotive Engineers and Trainmen and the American Train Dispatchers Association,…
Hedge fund Pershing Square Capital Management, led by activist investor William Ackman, said Thursday it has held “productive” discussions with Canadian Pacific Railway.
Canadian Pacific has executed a trackage rights agreement with the Iowa Northern Railway that it says “expands CP’s market reach in Iowa and increases rail business options for customers’ agricultural…
If there is one thing I've learned in my 23 years in the railway supply industry, it's that we are an optimistic bunch. Deal us a series of hardships and…
With all due respect to Denzel Washington and Chris Pine, the railroad stocks may be the things that are unstoppable and not just the exaggerated Hollywood freight train story.
Strong earnings spur railroads to build capacity and productivity. If one word could define the thrust of railroad capital spending on improvements, it would be "growth"—growth in capacity, growth in…
Canadian Pacific Railway Ltd. announced Tuesday that that subsidiary Canadian Pacific Railway Co. is issuing: US$250 million of 4.50% Notes due 2022 and US$250 million of 5.75% Notes due 2042.…
U.S. carload freight traffic advanced 1.1% during the week ending Nov. 19, measured against the comparable week in 2010, the Association of American Railroads reported. U.S. intermodal volume did even…
BNSF posted a letter on its website Wednesday warning its customers that a strike threat still faces the railroad industry and asking for their help in averting it.
The Surface Transportation Board announced Wednesday that it had awarded an estimated $63 million in reparations and rate reductions to the Arizona Electric Power Cooperative in a decision that grants…
The Surface Transportation Board issued a decision Tuesday denying a petition of the Western Coal Traffic League (WCTL) asking the Board to institute mediation on a new coal dust tariff…
With unions for more than half of the workers bargaining with North American freight railroads reaching agreements, the threat of a walkout affecting freight rail transportation is diminishing. Four more…
Writing a new chapter in an extraordinary success story. Paul Tellier took Canadian National public with stunning success, Hunter Harrison’s Precision Railroading model took CN to performance levels that led…
According to information in BNSF's 10Q quarterly filing at the Securities and Exchange Commission, the company paid a dividend of $250 million to Warren Buffett, its only stockholder. Some analysts…
Bigger is indeed better for this transcontinental carrier, which is operating some of the longest freight trains in North America. A railroad's stock performance isn't its only measure of excellence, but…
