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CSX CFO upbeat on 4Q, long term
CSX Corp. is on target for its fourth-quarter earnings expectations and is confident of the longer-term outlook, Chief Financial Officer Fredrik Eliasson told those attending the Credit Suisse Global Industrials…
Fuel surcharge antitrust litigation takes an interesting twist
In the ongoing, seven-years-and-counting legal battle involving railroads and certain customers who have filed a class-action suit claiming that the railroads engaged in collusion to impose fuel surcharges, the United…
Report: Proposed tank car rule is costly
A report prepared by The Brattle Group on Tuesday, Dec. 2, 2014, states that a new proposed rule on railroad tank cars could cost the U.S. economy as much as…
STB to weigh key trackage rights case
The Surface Transportation Board has decided, somewhat reluctantly, to thrash out a trackage rights dispute raised by a BNSF request to acquire "terminal trackage rights over a single track jointly…
Different mix for U.S. freight in latest week
U.S. freight carload traffic declined during the week ending Nov. 22, 2014, ending a long winning streak, the Association of American Railroads reported, though intermodal volume and overall U.S. rail…
CSX ranks high as military-friendly employer
CSX has been recognized as the sixth-most military-friendly employer on G.I. Jobs’ 2015 Top 100 Military Friendly Employers ranking, and the second-most military-friendly employer in the transportation industry. This is…
Thanksgiving dinner and more, brought to you by America’s railroads
This Thanksgiving Day, as you sit down with your families to eat a sumptuous meal, think of Hamberger. No, not the hamburgers served by the calorie-laden billions at junk—er, fast—food…
"Shove yours" (railcars) safely with Protran
Protran Technology has been selected to provide 14 Portable Shove Track Protection Systems to an undisclosed Class I railroad. The system includes 14 PT-501SM portable locomotive track detector units for…
UP begins Canada-to-California CBR service
Union Pacific’s Can-Am Corridor linking western Canada with the western U.S. entered a new era on Nov. 24, 2014, when the first unit train of Canadian crude rolled across the…
BNSF bumps capex to $6 billion for 2015
BNSF’s planned capital expenditures for 2015 will be $6 billion, another record for a company that, including next year’s amount, will have made more than $50 billion in capital investments…
U.S. rail traffic gains keep coming
U.S. rail traffic for the week ending Nov. 15, 2014 continued to show strength, the Association of American Railroads reported Thursday, Nov. 20.
Take a trip to MARS this January
“Rail Shipping 2015: Meeting the Challenges of High Demand” will be the theme for the 244th meeting of the Midwest Association of Rail Shippers (MARS), Jan. 14–15, 2015 in Oak…
Keystone XL promoter a convert to CBR
Now even the promoter of the controversial Keystone XL pipeline is boosting the benefits of crude-by-rail (CBR) over pipelines.
Class I employment up in October
Figures released by the Surface Transportation Board on Wednesday, Nov. 19, 2014, show total Class I railroad employment as of mid-October 2014 rose 3.75% to 169, 224, from mid-October 2013,…
BNSF, Hotstart partner on locomotive retrofit
BNSF Railway is retrofitting 11 of its locomotives with Hotstart idle-reduction technology "to reduce emissions and conserve fuel in Washington" state, with the pool of locomotives to operate out of…
CP agrees to sell D&H line to Norfolk Southern
Canadian Pacific announced on Monday, Nov. 17, 2014 it would sell a line of roughly 200 miles, cutting across Pennsylvania and New York, to Norfolk Southern Corp. for $192.6 million.
BNSF's Matt Rose named to ACCCE Board
The American Coalition for Clean Coal Electricity (ACCCE) on Friday, Nov. 14, 2014 announced the election of BNSF Railway Executive Chairman Matthew K. Rose ACCCE's next chairman. James (Jim) J.…
Molitoris, Penne join OnTrackNorthAmerica board
OnTrackNorthAmerica, a 501(c)(3) non-profit that is advocating a capitalization strategy “for dramatically increasing rail utilization,” has appointed Jolene Molitoris and Leo Penne to its board of directors.
Thelen creates scholarship fund for Penn State Altoona RTE program
Penn State alumnus Gerhard A. Thelen, who retired in 2013 as Norfolk Southern Vice President, Operations Planning and Support, has created a scholarship fund for Penn State Altoona that will…
U.S. freight traffic gains forge on
U.S. freight rail traffic during the week ending Nov. 8, 2014 maintained upward momentum, measured against the comparable week in 2013, the Association of American Railroads reported Thursday, Nov. 13.
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