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US DOT reports second consecutive month uptick in freight
The U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS) released numbers on July 13 showing the Freight Transportation Services Index (TSI), which is based on the amount of freight…
CSX releases coal-impacted second quarter earnings
CSX on July 13th announced second quarter 2016 net earnings of $445 million, or $0.47 per share, down from $553 million, or $0.56 per share, in the same period of…
AAR: weekly rail traffic's summer slump
The Association of American Railroads (AAR) reported on July 13th U.S. rail traffic for the week ending July 9, 2016. For this week, total U.S. weekly rail traffic was 442,113…
NTSB replies to senators after Oregon crude derailment
In a reply dated July 5, 2016, the National Transportation Safety Board (NTSB) responded to a letter from Oregon’s U.S. senators regarding the June 3 Union Pacific oil train derailment…
CP: Moving grain with an Item 6
Canadian Pacific’s Crowsnest Subdivision is busy with grain trains as prairie elevators are cleared to accept the coming harvest. CP has been pairing trains through the subdivision by giving two…
Virginia rail projects into the FASTLANE
Virginia’s planned Atlantic Gateway Project has been selected for a $165 million federal FASTLANE (Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies) grant.
AAR: carload traffic down 7% for June
The Association of American Railroads (AAR) on July 6th reported weekly U.S. rail traffic, as well as volumes for June 2016.
NTSB takes over BNSF Texas derailment investigation
The National Transportation Safety Board (NTSB) has taken control of the investigation into the June 28, 2016 accident between two BNSF intermodal trains near Panhandle, Tex.
Summer don’t slump: Weekly AAR rail traffic report
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending Jun. 25, 2016, with fewer declines than previous weeks as we head into summer.
Head-on crash on BNSF Transcon
Two BNSF intermodal trains collided head-on early Tuesday morning, June 28, 2016, on the railroad’s busy Chicago-Los Angeles Transcon near Panhandle, Tex., about 25 miles northeast of Amarillo. Three crew…
CN appoints Mike Cory as chief operating officer and Ghislain Houle as chief financial officer
Luc Jobin, incoming president and chief executive officer of CN announced on June 27th the appointments of Mike Cory as executive vice-president and chief operating officer, and Ghislain Houle as…
Oregon Governor: ‘Halt Oil Trains in Oregon’
Oregon Governor Kate Brown released the following statement regarding the Federal Railroad Administration's June 23rd Preliminary Factual Findings Report on the June 3rd derailment of Union Pacific's crude oil train:
FRA faults bolts, brakes and UP in June 3 crude oil derailment
The Federal Railroad Administration on June 23, 2106 released its preliminary findings on the June 3 Oregon crude oil derailment and found at fault: bolts, brakes and Union Pacific.
Grain gain helps offset coal and crude crash
In reporting U.S. rail traffic for the week ending June 18, 2016, the Association of American Railroads noted a large increase in grain shipments that partially offset substantial losses in…
MSLLC plans for main line through La. and Ms.
Kansas City Southern announced June 22 that the Meridian Speedway©, LLC (MSLLC), is investing approximately $28 million in 2016 on construction and improvement projects on its Vicksburg and Meridian Subdivisions.
Canadian Pacific: “A chill from up North”
Canadian Pacific on June 21, 2016 provided an earnings outlook for the year’s second-quarter “due to lower-than-anticipated volumes in bulk commodities, such as grain and potash, the unexpected and devastating…
HNTB names U.S. business development director
HNTB Corporation has hired Ian Choudri in the new position of national rail and transit business development director and senior vice president, where he will support the firm's growth across…
Jason Seidl: A look ahead to the second quarter
As the industry continues to weather the current economic storm, Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl offers the following analysis:
STB initiates proceeding to expedite rate cases
The Surface Transportation Board (STB) issued an Advanced Notice of Proposed Rulemaking (ANPR) on June 15, 2016 outlining measures to expedite its handling of rate cases.
AAR: Total U.S. weekly rail traffic down 7.5%
For the week ending Jun. 11, 2016, the Association of American Railroads (AAR) reports total U.S. weekly rail traffic was 513,471 carloads and intermodal units, down 7.5% compared with the…
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