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Fitch cites railroad challenges—and strengths
Fitch Ratings says it views "weak year-to-date rail volume trends as a reflection of fundamental shifts in demand patterns for key industrial commodities as domestic production of unconventional oil and gas resources continues…
BNSF 1Q earnings rise despite “traumatized” coal markets
Berkshire Hathaway reported at its annual meeting that first-quarter earnings included $701 million from BNSF Railway compared with $607 million in the year-earlier quarter, as rising shipments of manufactured foods made…
CN revamps senior marketing team
Jean-Jacques Ruest, CN's executive vice-president and chief marketing officer, has announced changes within CN's senior marketing team that he says "will help us maintain our forward momentum and continue to build on our…
Carloads down, intermodal up, yet again: AAR
U.S. freight carload volume for the week ending April 28, 2012 fell 4.1% measured against the comparable week a year ago, continuing an ongoing trend for the year, the Association…
NS adds to heritage locomotive roster
Norfolk Southern said Thursday it has added the Monongahela Railway to the legacy railroads that the company is honoring with its 30th anniversary heritage paint schemes, bringing to 20 the…
Triple-track project moves ahead in California
Caltrans joined BNSF Railway and Amtrak Tuesday in the groundbreaking for a triple-track segment that will add 3.8 miles of track in the Los Angeles area at a cost of $38…
BNSF builds new capacity in Nebraska
BNSF announced Tuesday that it will invest approximately $202 million this year on maintenance and rail capacity improvement and expansion projects in Nebraska.
NS shop: "Unprecedented safety milestone"
Norfolk Southern reports that employees at its Enola Locomotive Shop made history in March "as the first in the company to surpass 2 million employee-hours without an injury."
GWI leases Alabama short line from NS
Greenwich, Conn.-based Genesee & Wyoming's newly formed subsidiary, the Columbus & Chattahoochee Railroad, Inc. (CCR), has signed an agreement with Norfolk Southern to lease and operate a 26-mile segment of…
New on RailwayAge.com: “I Brake For Trains,” sponsored by PTMW Inc.
CSX Transportation has partnered with Furniture Row Racing and the No. 78 Chevrolet Impala driven by Regan Smith in NASCAR’s top-tier Sprint Cup Series as an associate sponsor for the…
BNSF launches interactive network map
BNSF has announced “a new interactive map highlighting events and activities along its 32,000-mile rail network.”
UP’s Michael Iden is AAR’s Chafee Award recipient
Union Pacific General Director Car and Locomotive Engineering Michael Iden, Chicago, Ill., has been awarded the 2012 John H. Chafee Environmental Excellence Award by the Association of American Railroads.
Teamsters weigh strike against CP
The general committees of the Teamsters Canada Rail Conference (TCRC), representing the conductors, trainmen, yardmen, locomotive engineers and rail traffic controllers employed by Canadian Pacific Railway, announced Thursday they have…
U.S. freight traffic picture stays mixed, AAR says
U.S. freight carload traffic again fell short of year-ago levels in the latest week ending April 21, 2012, down 3.6% when measured against the comparable week in 2011, the Association…
Axion Power gets NS order for batteries
Axion Power International Inc. said Thursday it has received an order from Norfolk Southern Corp. for lead-carbon (PbC) batteries for use in a battery-powered locomotive.
Land of Lincoln lauds Lincoln’s land link
Illinois Governor Pat Quinn and the Illinois General Assembly have proclaimed July 1, 2012, as “Union Pacific Railroad Day” in Illinois to honor UP during its year-long 150th anniversary celebration.
NS recognizes 45 chemical customers for safety
Forty-five Norfolk Southern chemical customers have earned the railroad’s Thoroughbred Chemical Safety Award for their safe handling of chemical products in 2011.
“Play It Safe” part of CSX’s broader corporate citizenship program
CSX’s “Play It Safe Around Railroad Tracks” public safety program and its sponsorship of Regan Smith and Furniture Row Racing in the NASCAR Sprint Cup Series are part of the…
NS: “Another record-breaking quarter”
Norfolk Southern late Tuesday reported net income of $410 million ($1.23 per diluted share), up 26% from the first quarter of 2011. This included a $58 million non-cash charge…
KCS: Record 1Q revenue, operating ratio
Kansas City Southern has reported record first-quarter 2012 revenue of $548 million with carloads up 7% from first-quarter 2011.
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