Class I

Core pricing gains helped Union Pacific achieve 9% earnings per share growth in the first quarter of 2015, but EPS would have been stronger had a sharp drop in volume…
As part of Norfolk Southern’s ongoing program of executive development and in support of its efforts to reduce its environmental footprint and expand its market opportunities, Bruno Maestri and Robert…
A 1% decrease in overall revenue combined with a 1% increase in carload volume compared to the prior-year period produced relatively flat first-quarter 2015 financial results for Kansas City Southern’s…
Building upon the momentum established when E. Hunter Harrison, Railway Age’s2015 Railroader of the Year, was appointed CEO, Canadian Pacific Railway posted the lowest first-quarter operating ratio in the company’s…
Two Class I railroad presidents, BNSF’s Carl Ice and Norfolk Southern’s James Squires, will keynote the May 27 and May 28 sessions, respectively, of the North American Rail Shippers (NARS)…
The Federal Railroad Administration (FRA) and Pipeline and Hazardous Materials Safety Administration (PHMSA) on April 17, 2015 issued what they describe as “a package of targeted actions that will address…
Taking full advantage of strong demand for its services and benefitting from a milder winter than last year’s deep freeze, CN posted strong first-quarter 2015 financials.
The Surface Transportation Board’s (STB) Office of Environmental Analysis (OEA) has issued a Draft Environmental Impact Statement (Draft EIS) for public review and comment of Tongue River Railroad Company’s (TRRC)…
Canadian National Railroad Company (CN) locomotive engineers, represented by the Teamsters Canada Rail Conference (TCRC) union, have established a new collective agreement with the company, CN announced on April 16,…
According to figures reported by the Association of American Railroads for the week ending April 11, 2015, freight rail traffic remained relatively flat.
CN has embarked on a C$500 million multi-year capital investment program for infrastructure improvements to its Western Canada feeder rail lines in Alberta, Manitoba and Saskatchewan.
Toyota, whose advertising slogan is “Let’s Go Places,” is able to depend upon the railroads for the places its motor vehicles need to go. In recognition, Toyota Logistics Services has…
CSX posted first-quarter 2015 net earnings of $442 million, an 11% increase from $398 million in the same period last year, and generated earnings per share of $0.45, a 13%…
BNSF Railway Company (BNSF) recognized a group of its employees, April 13, 2015, for their outstanding achievements in 2014 at its annual Employees of the Year event, which took place…
While stating that it “does not forecast earnings, and this announcement is not intended to change that policy,” Norfolk Southern said, in a press release issued immediately after the New…
The results of a rail shipper survey conducted by Cowen & Company in 2015’s first quarter indicate a “mild negative for the rail sector,” according to Managing Director and Railway…
Anacostia Rail Holdings (ARH) and CSX have announced that the U.S. Surface Transportation Board has approved a joint proposal by ARH subsidiary Louisville & Indiana Railroad (L&I) and CSX to…
All indicators are pointing to a vibrant crosstie market across all segments: wood, concrete, steel, and composite. The freight railroads’ estimated $29 billion in 2015 capital expenditures is one driving…
On March 9, 2015, the United States Supreme Court issued its decision in Department of Transportation v. Association of American Railroads, No. 13-1080, 575 U.S. ___ (2015) (DOT v. AAR),…
Ferrocarril Méxicano (Ferromex) has taken delivery of the first 10 of 19 Electro-Motive Diesel (EMD, a Progress Rail Services company) SD70ACe locomotives, bringing its fleet to 116 units.
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