Class I

Norfolk Southern has opened a new Thoroughbred Bulk Transfer (TBT) terminal in Chesapeake, Va., to serve shippers of dry and liquid bulk commodities.
I can’t help but watch the wildfires and water shortages taking place in California and wonder if BNSF and Union Pacific, and perhaps a few of their shippers, are able…
CN issued its earnings report for the fourth quarter and full-year 2013 after the closing bell on Wall Street Thursday, Jan. 30, 2014, gaining in the quarter over the comparable…
Compiled figures released this week by the Surface Transportation Board show Class I railroads employed 162,810 people in mid-December, up a scant 0.10% from December 2012, but down 0.24% from…
U.S. freight carload traffic and U.S. intermodal volume advanced for the second week in a row, and third week in four marking 2014's start, during the week ending Jan. 25,…
Canadian Pacific said it set numerous records for both its fourth quarter and full-year 2013, and offered guidance suggesting continued improvement in 2014.
After a successful season promoting public safety around railroad tracks with David Ragan in 2013, CSX will again partner with the race-winning driver and the Front Row Motorsports’ No. 34…
CN and the Province of New Brunswick have reached an agreement to preserve rail freight service on two sections of the railroad’s Newcastle Subdivision in northern New Brunswick. CN had previously…
Savage, a provider of bundled supply chain management services for electric power generation, coal production, oil and gas, refining, agriculture, chemical, mining and manufacturing, has expanded its CBR (crude by…
Kansas City Southern reported fourth-quarter net income of $114 million, or $1.03 per diluted share, up 12% from $93 million, or 83 cents per diluted share, in the fourth quarter…
Union Pacific said Thursday, Jan. 23, 2014 fourth-quarter 2013 earnings of $1.17 billion, or $2.55 per share, up 13% from $1.04 billion, or $2.19 per share, in the fourth quarter…
Contrary to some speculation, North American railroads stand ready to do their share in supplying crude-by-rail (CBR) service to complement oil transport by pipeline, Association of American Railroads President and…
Up the first week in 2014, and down the second, U.S. freight traffic reversed the trend yet again to the plus side in the third week ending Jan. 18, 2014,…
Norfolk Southern Corp. Wednesday, Jan. 22, 2014 reported record fourth-quarter net income of $513 million, or $1.64 per diluted share, up 24% from $413 million, or $1.30 per diluted share,…
Independent investment research provider Morningstar, Inc. has named Canadian Pacific chief executive E. Hunter Harrison as its 2013 CEO of the Year. Morningstar annually recognizes a chief executive “who exhibits…
Both U.S. freight carload traffic and U.S. intermodal volume failed to gain ground during the week ending Jan. 11, 2014, measured against the comparable week in 2013, the Association of…
House Committee on Transportation and Infrastructure Chairman Bill Shuster (R-Pa.) and Ranking Member Nick J. Rahall, II (D-W.Va.) on Jan. 16, 2014 announced the establishment of yet another special panel.…
CSX Corp. reported fourth-quarter earnings of $426 million, or 42 cents per share, down slightly from $449 million, or 44 cents per share, in the fourth quarter of 2012. That…
For the first week of 2014 ending Jan. 4, 2014, both U.S. freight carload traffic and U.S. intermodal volume gained ground over the comparable week in 2013, the Association of…
Union Pacific has initiated a new intermodal service between Laredo, Tex., and Memphis, Tenn., “supporting growing transportation needs for the automotive manufacturing and intermodal marketplaces.”
8
Page 8 of 81