Class I

Cover story from the May 2016 issue of Railway Age: Norfolk Southern has been looking over its shoulder for almost a year. Now, it can focus its attention ahead.
For April 2016, combined U.S. carload and intermodal originations were 1,972,829, down 11.8% or 264,327 carloads and intermodal units from April 2015, reported the Association of American Railroads on May…
Aurora, Ill., voted no on one of the more contentious railroad issues of our automated times: Should freight trains be allowed to operate with one-person crews, with technology taking the…
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl returned from attending the April 26-28, 2016 North East Association of Rail Shippers (NEARS) Spring Conference…
Union Pacific Railroad on April 28, 2016 recognized 65 companies with its distinguished Pinnacle Award for their commitment to safely transport chemical products. The annual award honors UP customers for…
The Union Pacific Foundation announced on April 26, 2016 that it is assisting nonprofits in Arkansas, Arizona, California, Colorado, Idaho, Illinois, Iowa, Kansas, Louisiana, Minnesota, Missouri, Montana, Nebraska, Nevada, New…
Canadian Pacific Railway Limited announced on April 28, 2016 that the Toronto Stock Exchange (TSX) has accepted its notice to implement a normal course issuer bid (NCIB) to purchase, for…
For the week ending April 23, 2016, total U.S. weekly rail traffic was 491,946 carloads and intermodal units, down 11.7% compared with the same week last year, the Association of…
U.S. Congressman Brad Ashford (D-Neb.) joined National Railroad Construction & Maintenance Association (NRC) and GoRail member Paxton & Vierling Steel Co. (PVS) for a tour of its metal service center…
Noting “a challenging economic environment,” CN announced a “very solid” first-quarter performance for 2016.
The North American crude-by-rail (CBR) saga “is that of a victory of good old U.S. ingenuity over the lack of pipeline capacity that stranded booming shale oil production in 2012,”…
CSX on April 22, 2016 announced that it has been recognized as one of Corporate Responsibility Magazine’s Best Corporate Citizens for 2016 “reflecting [the railroad’s] ongoing commitment to being a…
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…
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