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Three more unions ratify freight railroad agreements
Members of three more unions have ratified new contracts with U.S. freight railroads, it was announced Tuesday.
At Norfolk, NS breaks coal transload mark
Norfolk Southern 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, NS finished…
2012 RAILROADER OF THE YEAR: Dave Starling, making the right connections
When you talk with Kansas City Southern President and CEO David L. Starling about how KCS, the smallest Class I in mileage, has extended its reach and developed new frontiers,…
Will Hunter Harrison reemerge—at CP?
Hunter Harrison, CN’s iconic former chief executive and a Railway AgeRailroader of the Year recipient who is now retired in Florida raising show horses, has been approached to run Canadian…
Ferromex grows EMD locomotive fleet
Ferrocarril Mexicano, S.A. de C.V. (Ferromex) said Friday it took delivery last month of an additional 38 SD70Ace locomotives from Electro-Motive Diesel. Ferromex noted it had placed 44 other new…
U.S. freight traffic slips as 2012 begins
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…
STB adds to rail/shipper advisory council
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…
At Norfolk, NS breaks coal transload mark
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,…
AAR: Traffic gains for week, month, year
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…
NRC lauds rail’s share of TIGER III grants
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…
2011 Railroader of the Year: Wick Moorman, Norfolk Southern
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 bill calls for "National Freight Fund
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 traffic up again in latest week
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…
UP sets sesquicentennial merchandise for sale
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.
New bridge eyed for NS Southern Tier
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…
Railroad strike averted as BLET, ATDA settle with NCCC; BMWE remains
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 touts talks with CP
Hedge fund Pershing Square Capital Management, led by activist investor William Ackman, said Thursday it has held “productive” discussions with Canadian Pacific Railway.
CP expands reach in Iowa via short line
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.
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