Class I

The Association of American Railroads, in reporting rail traffic for the week ending Dec. 26, 2015 (week 51), noted that total U.S. weekly rail traffic was 391,107 carloads and intermodal…
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl reports on a recent dinner conversation with “a large private shipper” that focused on the proposed…
For the week ending Dec. 19, 2015, total U.S. rail traffic was 525, 555 carloads and intermodal units, down 9.5% compared with the same week in 2014, the Association of…
Norfolk Southern on Dec. 23, 2015 rejected Canadian Pacific’s third and most recent proposal to acquire NS. CP on Dec. 16 offered $32.86 in cash, a fixed exchange ratio of…
Canadian National Railway (CN) announced Dec. 17, 2015 that the 2016 CN Employees' and Pensioners' Community Fund (the Fund) campaign raised a record C$1,857,920 for charities across Canada.
Santa Claus doesn’t rest on Christmas Eve. Neither, apparently, does Canadian Pacific. Santa does rest on Christmas Day, but the Class I railroad whose headquarters is, of all its contemporaries…
RailComm has completed installation of a remote control system for 19 switch machines at the north end of a Class I yard in Jackson, Miss.
As Canadian Pacific continues to pursue a merger with Norfolk Southern, CP CEO Hunter Harrison sent a response to the members of the Illinois Congressional delegation (all Democrats) who sent…
Canadian National Railway (CN) announced Dec. 18, 2015 that more than 1,500 first responders along its rail network have downloaded the AskRail mobile app to access real-time information about the…
According to Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl, “The addition of a contingent value right (CVR) is Canadian Pacific’s way of providing…
Rail industry cogitation focuses so far on Canadian Pacific's (CP) prospects for securing Surface Transportation Board (STB) approval for its—at first friendly and now increasingly hostile—attempt to take over Norfolk…
Top executives from three Class I railroads will be speaking at the 246th meeting of the Midwest Association of Rail Shippers (MARS) on Jan. 13–14, 2016, which will be held…
For the week ending Dec. 12, 2015, total U.S. rail traffic was 544, 975 carloads and intermodal units, down 8% compared with the same week in 2014, the Association of…
Canadian Pacific (CP) on Dec. 16, 2015 announced a “revised, enhanced offer” in its bid to acquire Norfolk Southern (NS). The revised offer consists of, for each NS share, U.S.$32.86,…
Wabtec Corporation has signed contracts worth about $45 million to provide equipment and services for a Positive Train Control (PTC) system for the Metra, the Northeast Illinois commuter rail system.…
December 7, 2015: A day that will live in infamy for anyone attempting to follow the volley of legalese and rhetoric being tossed about by Canadian Pacific and Norfolk Southern…
In response to the proposed merger between Canadian Pacific Railway (CP) and Norfolk Southern Corporation (NS), U.S. Senator Dick Durbin (D-Ill.) on Dec. 14, 2015 sent a letter signed by…
The Children's Hospital Foundation of Manitoba and Canadian National Railway (CN) announced Dec. 12, 2015 that the CN Miracle Match program has helped raise more than $760,000 for the Children's…
In a Dec. 10, 2015 interview with Bloomberg TV Canada, BNSF Executive Chairman Matt Rose stated that his company has spoken to both eastern Class I railroads about potential merger…
The U.S. House of Representatives on Dec. 10, 2015 passed S. 808, the Surface Transportation Board (STB) Reauthorization Act of 2015, which among other provisions, will increase the number of…
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