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2014 TRAFFIC AND SPENDING OUTLOOK: A capital year for suppliers
2013 has been a record year for the railroads, “a very robust and challenging year for growth and re-investment,” in the words of BNSF chief executive Matt Rose. The indications…
CN boosts rail, wheel flaw detection efforts
CN has announced a program to acquire additional monitoring equipment to enhance its strong technological base for early detection of defects.
CP appoints Demosky as Exec VP, CFO
Canadian Pacific has announced that Bart Demosky has been appointed Executive Vice-President and Chief Financial Officer, effective Dec. 28, 2013.
Rally continues for U.S. freight traffic
U.S. rail traffic maintained its upward momentum during the week ending Nov. 23, 2013, the Association of American Railroads reported Wednesday, Nov. 27, though the 2012 Thanksgiving Day holiday played…
NJ House rep seeks more rail oversight
Rep. Robert E. Andrews (D-N.J.) has introduced a bill calling for independent oversight of railroads and particularly railroad infrastructure, arguing that U.S. freight railroads aren't pursuing adequate safety measures.
UP renews share repurchase program ahead of schedule
Union Pacific’s Board of Directors on Thursday, Nov. 21, 2013, approved the early renewal of its share repurchase program, authorizing repurchase of up to 60 million common shares by Dec.…
Gains again for U.S. freight rail traffic
Continuing its fourth-quarter rally, U.S. freight rail traffic rose during the week ending Nov. 16, 2013, measured against the comparable week in 2012, the Association of American Railroads reported Thursday,…
NS achieves best-ever CDP score
Norfolk Southern said Wednesday, Nov. 20, 2013, it has achieved its best-ever score in CDP (Carbon Disclosure Project) reports that grade large U.S. and global companies on how well they…
New Missouri bridge to relieve rail bottleneck
A ceremony is set for Monday, Nov. 25, 2013 to officially open a new rail bridge spanning the Osage River in Missouri, which officials say "eliminates the last major bottleneck…
UP to grain customers: We can handle it
Union Pacific shipped an all-time-high number of grain trains to the Pacific Northwest in October 2013, and says it is poised to help its customers take advantage of a record…
KCS revamps operations department
Kansas City Southern announced the reorganization of several operations department functions late Friday, Nov. 15, 2013.
Another good week for U.S. freight rail traffic
U.S. freight rail traffic for the week ending Nov. 9, 2013 continued to gain ground measured against a year ago, continuing a robust fourth-quarter surge, the Association of American Railroads…
AAR to DOT: Upgrade tank car regs
The Association of American Railroads (AAR) on Thursday, Nov. 14, 2013, urged the U.S. Department of Transportation "to press for improved federal tank car regulations by requiring all tank cars…
GE, CSX partner to advance LNG locomotives
CSX Corp. and GE Transportation announced an agreement Wednesday, Nov. 13, 2013, to explore emissions-cutting and efficiency breakthroughs in Liquefied Natural Gas (LNG) technology for locomotives, beginning with a pilot…
CP Holiday Trains ready to roll
Canadian Pacific’s annual Holiday Train program, now in its 15th year, is one of the longest-running fundraising programs in North America. Each 1,000-foot Holiday Train—one operating in Canada, one in…
STB decision upholds federal preemption of state statutes
The Surface Transportation Board has ruled that claims filed against Norfolk Southern in certain Virginia state court lawsuits are preempted by federal law. STB, in “NORFOLK SOUTHERN RAILWAY COMPANY—PETITION FOR…
A closer look at LNG
Over its roughly 200 years of history, the North American railroad industry has been shaped by numerous technological milestones, among which are steel rail, automatic knuckle couplers, air brakes, signals,…
CN: Capital-intensive, customer-driven
A model of efficiency and productivity, CN is investing strategically in its network to assure a safe, fluid system, and grow its service-oriented business.
CSX CFO outlines railroad’s intermodal strategy
CSX Executive Vice President and Chief Financial Officer Fredrik Eliasson, in a presentation at the Baird Industrials Conference in Chicago, said that intermodal, “a key driver of growth,'’ now represents…
AAR: Freight traffic up in latest week, month
U.S. freight traffic continued gaining ground in the week ending Nov. 2, 2013, the Association of American Railroads reported Thursday, Nov. 7, capping significant and sustained gains registered during the…
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