Class I

Recent acquisitions helped boost results for component and systems provider Wabtec Corp. in the third quarter as sales of existing equipment in the transit and freight categories faced “challenging market…
For the ninth straight year, CN has made the not-for-profit, worldwide environmental Carbon Disclosure Project’s (CDP) Climate A List, identifying the railroad as “a global leader in the corporate response…
The Association of American Railroads has awarded Matthew T. Williamson, a CSX environmental field services and industrial hygiene manager, the 2017 North American Environmental Employee Excellence Award, described as “the…
CSX management has cancelled its Oct. 30 Investor Day the event with little explanation. “We have received many incoming calls and emails from concerned investors who are worried what else…
The League of Railway Industry Women (LRIW) has named Transportation Technology Center, Inc. (TTCI) Executive Director Business Services Kari L. Gonzales to its board of directors.
Norfolk Southern Corp. reported third-quarter net income of $506 million, up 10% on-year, as income from railway operations increased 11% to $911 million and the operating ratio fell to a…
Canadian National reaffirmed full-year financial estimates on third-quarter revenue that was 7% higher and earnings that were essentially unchanged.
Three top CSX executives will be leaving the railroad on Nov. 15—Executive Vice President and Chief Operating Officer Cindy M. Sanborn; Executive Vice President and Chief Sales and Marketing Officer…
BNSF Railway selected Farmrail as its 2017 Shortline of the Year at its annual Shortline Conference. The holding company for Class 3 carriers Grainbelt Corp. and Farmrail Corp. was recognized…
Union Pacific has unveiled No. 1943 “The Spirit of the Union Pacific” locomotive at San Antonio's Sunset Station, the 16th commemorative locomotive in the railroad’s 155-year history The arrival of…
Union Pacific has named Jon Panzer vice president and treasurer; Jennifer Hamann vice president-Planning and Analysis, and Bryan Clark vice president-Tax. The company said Mary Jones, vice president and treasurer,…
Total U.S. rail traffic was 548,264 carloads and intermodal units, up 3.1% for the week ending Oct. 14 compared with the same week in 2016, according to the Association of…
At CSX’s third-quarter 2017 earnings call, President and CEO E. Hunter Harrison acknowledged the railroad’s recent service problems, but insisted that CSX has recovered and is in better shape operationally…
Ground has been broken on Phase III (construction phase) of the CREATE (Chicago Region Environmental and Transportation Efficiency) Program’s 34th initiative, Project B1, “Canadian Pacific Crossover Upgrades.” Metra and Canadian…
Canadian Pacific Railway reported third-quarter adjusted diluted earnings per share of $2.90, up 6%, on revenue that was 3% higher at $1.6 billion.
The results of Cowen and Company’s Third-Quarter 2017 Railcar Survey are a “net neutral,” based on several factors, according to Vice President Matt Elkott. The percentage of shippers responding to…
Railroad shippers are anticipating price increases averaging 3.2% over the next 6-12 months, according to Cowen and Company’s Third-Quarter 2017 Rail Shipper Survey. This is a 20 basis point sequential…
Kansas City Southern has formed a new Health, Safety and Environmental group within the Operations department “to consolidate occupational health, workplace and public safety, and environmental functions under a single…
L&W Industries, based in Springfield, Mo., has developed a patent-pending Heavy Duty Conversion Bracket that improves safety and reduces the maintenance costs of railway crossings.
CSX Corp. on Oct. 17 reported third-quarter 2017 net earnings of $459 million, or 51 cents per share, up from $455 million, or 48 cents per share, in the same…
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