Class I

U.S. freight carload traffic fell 3.7% for the week ending Jan. 7, 2012, while U.S. intermodal volume plummeted 9.3%, both compared with the comparable week in 2011, the Association of…
From a flood of nominations, the Surface Transportation Board has selected seven new appointees to serve on the Railroad-Shipper Transportation Advisory Council. RSTAC, which consists of 15 senior officers from…
Norfolk Southern said it has loaded the largest volume cargo in the history of its Pier 6 coal transloading facility at Lamberts Point in Norfolk, Va. Early on Jan. 12,…
The Association of American Railroads Thursday wrapped up its reporting of 2011 traffic trends by noting gains for the year, the month of December, and the last week of the…
All signs point to another year of slow but solid traffic growth, strong pricing power, and continued investment in capacity. Global gloom and a still-fragile domestic economy caused many American businesses…
In a letter Friday to “NRC Members and Friends,” National Railroad Construction & Maintenance Association President Chuck Baker hailed the awarding of $5111 million in federal TIGER III grants “to…
Norfolk Southern produces another champion! One of the best ways to describe Norfolk Southern is to state that it operates like a well-oiled machine—efficiently, quietly, safely (that’s an understatement), without…
House Rep. Adam Smith (D-Wash.) on Thursday introduced legislation aimed at funding “the nation’s oversubscribed and underfinanced freight infrastructure network.”
U.S. freight carload traffic rose 2.8% for the week ending Dec. 3, 2011, measured against the comparable week in 2010, the Association of American Railroads said Thursday. U.S. intermodal volume…
Union Pacific said Wednesday it is offering commemorative Union Pacific Railroad 150th anniversary merchandise for sale, as UP kicks off its year-long sesquicentennial celebration.
Growing freight traffic potential, spurred on by energy production activity in the Marcellus Shale formation in western New York State and Pennsylvania, is encouraging Norfolk Southern to replace a historic…
Represented by the National Carriers’ Conference Committee, the major U.S. railroads late Thursday reached tentative agreements with the Brotherhood of Locomotive Engineers and Trainmen and the American Train Dispatchers Association,…
Hedge fund Pershing Square Capital Management, led by activist investor William Ackman, said Thursday it has held “productive” discussions with Canadian Pacific Railway.
Canadian Pacific has executed a trackage rights agreement with the Iowa Northern Railway that it says “expands CP’s market reach in Iowa and increases rail business options for customers’ agricultural…
With all due respect to Denzel Washington and Chris Pine, the railroad stocks may be the things that are unstoppable and not just the exaggerated Hollywood freight train story.
Strong earnings spur railroads to build capacity and productivity. If one word could define the thrust of railroad capital spending on improvements, it would be "growth"—growth in capacity, growth in…
If there is one thing I've learned in my 23 years in the railway supply industry, it's that we are an optimistic bunch. Deal us a series of hardships and…
Canadian Pacific Railway Ltd. announced Tuesday that that subsidiary Canadian Pacific Railway Co. is issuing: US$250 million of 4.50% Notes due 2022 and US$250 million of 5.75% Notes due 2042.…
U.S. carload freight traffic advanced 1.1% during the week ending Nov. 19, measured against the comparable week in 2010, the Association of American Railroads reported. U.S. intermodal volume did even…
BNSF posted a letter on its website Wednesday warning its customers that a strike threat still faces the railroad industry and asking for their help in averting it.
79
Page 79 of 88