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PTC ruling will save "hundreds of millions"
Transportation Secretary Ray LaHood announced Thursday major changes to regulations governing the installation of positive train control.
Moorman “optimistic” on traffic prospects
Norfolk Southern CEO Wick Moorman told stockholders at the company's 30th annual meeting in Williamsburg, Va., Thursday that he is “confident, optimistic, and enthusiastic about our future business prospects.”
U.S. freight trends continue, both up and down
In line with much of 2012, U.S. freight carload traffic for the week ending May 5, 2012 failed to keep pace with 2011 levels, down 2% measured against the comparable…
Hammond Awards honor UP, South Buffalo Railway employees
In conjunction with bestowing the Harriman Awards for corporate rail safety on Tuesday in Washington, D.C., industry leaders also took time to honor individual employees notching significant safety achievements, who…
Schneider National extends BNSF Railway pact
Green Bay, Wis.-based Schneider National, Inc., on Wednesday said it has signed a new, multiyear agreement with BNSF, under which the Class I railroad will continue to serve as one…
Harriman Awards bestowed for railroad safety
Railroads with the industry's best safety performance records Tuesday were honored at the annual E.H. Harriman Awards ceremony in Washington, D.C., with the event also marking the industry's nearly 100…
STB OKs Michigan DOT rail line buy
The Surface Transportation Board Tuesday officially cleared the way for Michigan's Department of Transportation to acquire two sections of rail right-of-way from Norfolk Southern Corp., totaling about 135 miles, for…
Domestic containers drive 1Q intermodal gains
Whatever woes coal volumes are posing for North American railroads in 2012, domestic intermodal container traffic seems determined to offset them, at least in part. First-quarter domestic container volume moving…
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.
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