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BNSF outlines $6 billion capex plan
BNSF on Jan. 15, 2015 announced details about the major capital projects it plans to complete in 2015 to maintain and grow its rail network.
Freight traffic: Good first full 2015 week
North American freight rail traffic for the week ending Jan. 10, 2015 – the first full week of 2015 – started off strongly, the Association of American Railroads reported Thursday,…
Norfolk Southern’s Don Seale to retire
Donald W. Seale, Executive Vice President and Chief Marketing Officer of Norfolk Southern Corp., has announced his plan to retire effective March 1, 2015.
CSX posts record 4Q, full-year results
CSX Corp. said late Tuesday, Jan. 13, 2015 it had notched record fourth-quarter net earnings of $491 million, or 49 cents per share, up 15% from $426 million, or 42…
Growth expectations lower but still robust, rail shipper survey says
Cowen and Company’s Fourth Quarter 2014 Rail Shipper Survey “suggests that the potential negative impacts on rail pricing power from the deceleration in crude shipment growth and suboptimal service have…
BNSF pauses on tank car purchase
BNSF Railway is taking a second look at an earlier plan to purchase up to 5,000 tank cars for hauling oil products, following feedback from some of its customers, according…
New chiefs ID'd for FRA, AAR law department
As the White House considers candidates for Senate confirmation as the next Federal Railroad Administrator, Transportation Secretary Anthony Foxx says he will name his Department of Transportation chief of staff…
Sarah Feinberg picked to head FRA
Sarah Feinberg, chief of staff for Secretary of Transportation Andrew Foxx, has been chosen to become Acting Federal Railroad Administrator, according to a Reuters report of an email sent by…
Rail bottleneck relief sought for Connell, Wash.
Washington State legislators and city administrators hope to obtain federal funding to reconfigure and improve a 100-year-old railroad interchange at Connell, Wash., to relieve a bottleneck in the movement of…
Video highlights: Railroader of the Year Hunter Harrison
Canadian Pacific Chief Executive Officer Hunter Harrison, Railway Age’s 2015 Railroader of the Year, speaks candidly with Editor-in-Chief William C. Vantuono in a wide-ranging interview conducted for the magazine’s January…
AAR: Mixed U.S. results as calendar 2015 begins
In a pattern uncommon during most of 2014, U.S. freight carload traffic gained ground as 2015 began while U.S. intermodal volume slipped, the Association of American Railroads reported Thursday, Jan.…
NS facilitates $5.7 billion in 2014 industrial investment
Norfolk Southern assisted 94 industries in locating or expanding their businesses along its rail lines in 2014. The 72 new and 22 expanded industries “represent an investment of $5.7 billion…
CP Holiday Train generates $1.1 million and 300,000 pounds of food
Canadian Pacific’s 2014 Holiday Train program saw more than C$1.1 million raised and 300,000 pounds of food donated to North American food banks and food shelves.
CSX launches industrial development website
CSX has launched a new online portal to help its customers more easily access the resources they need to locate or expand facilities on CSX’s rail network: www.csxindustrialdevelopment.com.
CSX cites robust economic development efforts
In 2014, CSX and its customers collaborated on 107 projects to build or expand facilities on CSX’s network and short line partners.
U.S. freight traffic ends 2014 with gains
The final full week of 2014 was another winning one for U.S. freight rail traffic, and indeed for rail traffic throughout the three NAFTA nations, the Association of American Railroads…
CANADIAN PACIFIC’S HUNTER HARRISON NAMED RAILROADER OF THE YEAR BY RAILWAY AGE
December 22, 2014: E. Hunter Harrison, Chief Executive Officer of Canadian Pacific (CP), has been named 2015 Railroader of the Year by railroad industry trade journal Railway Age.
Class I employment rises in November
Figures released by the Surface Transportation Board Friday, Dec. 19, 2014, show total Class I railroad employment as of mid-November 2014 rose 4.07% to 169,845, from mid-November 2013, and also…
CSX re-opens Chicago Locomotive Shop
CSX on Dec. 18, 2014 celebrated the re-opening of the Chicago Locomotive Shop at Barr Yard in Riverdale, Ill. The historic facility, which had been shut down in 1992, reopened…
North American freight rail gains continue
U.S. freight rail traffic continued gaining over 2013 levels in the week ending Dec. 13, 2014, the Association of American Railroads said Thursday, Dec. 18.
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