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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.
New year, same U.S. freight traffic doldrums
U.S. freight traffic volume began 2013 the same way it ended 2012, declining from the comparable week of one year ago, the Association of American Railroads reported Thursday.
NS touts role in industrial development
Norfolk Southern said Friday it has "participated in the location of 64 new industries and the expansion of 30 existing industries along its rail lines in 2012."
U.S. freight traffic ends 2012 on down note
Both U.S. freight carload traffic and U.S. intermodal volume declined for the week ending Dec. 29, 2012—essentially the end of the year—the Association of American Railroads said Thursday.
CN merges two U.S. subsidiaries
Canadian National ended 2012 by completing its merger of the Elgin, Joliet & Eastern Railway into its Wisconsin Central Ltd. railroad subsidiary.
UNION PACIFIC CHAIRMAN JAMES R. YOUNG NAMED RAILROADER OF THE YEAR
January 2, 2013: James R. Young, Chairman of Union Pacific Corporation, has been named 2013 Railroader of the Year by railroad industry trade journal Railway Age.
Guest Editorial: Flood-proofing; coal’s future
To the Editor: I wanted to provide a few comments on your December 2012 edition, from my perspective as a civil engineer with over three decades of experience designing infrastructure…
Near year’s end, U.S. freight traffic gains
U.S. freight carload traffic, falling short of 2011 totals through most of this year, notched a 0.9% rise in the week ending Dec. 22, 2012, the Association of American Railroads…
Berkshire Hathaway completes short line sales
Berkshire Hathaway has divested a second short line, the White City Terminal Union Railway, ahead of a schedule set by the Surface Transportation Board earlier this year, as part of…
ARDA readies 2013 Executive Forum
The American Railway Development Association (ARDA) late Wednesday announced that registration for the ARDA 2013 Executive Forum is now available. The forum will be held February 12-13, 2013, in BNSF's Network…
CP achieves key labor settlements
Canadian Pacific late Wednesday announced two labor settlements that E. Hunter Harrison, president and CEO, said puts the railroad "in a very good position to continue the work of being an…
U.S. intermodal rebounds in latest week
U.S. intermodal volume for the week ending Dec. 15 returned to the plus column it has been in for much of 2013, the Association of American Railroads said Thursday. U.S.…
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