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Cowen shipper survey: Price increases expected
Shippers expect a 2.9% price increase from the railroads over the next 6-12 months, according Cowen and Company’s Second-Quarter 2016 Rail Shipper Survey (downloadable from the link below).
US DOT reports second consecutive month uptick in freight
The U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS) released numbers on July 13 showing the Freight Transportation Services Index (TSI), which is based on the amount of freight…
AAR: weekly rail traffic's summer slump
The Association of American Railroads (AAR) reported on July 13th U.S. rail traffic for the week ending July 9, 2016. For this week, total U.S. weekly rail traffic was 442,113…
FEC: Big trains, big ships
The panamax era has begun in Miami, and Florida East Coast Railway (FECR) stands ready to handle intermodal containers from the Pacific Rim arriving on the gargantuan ships via the…
Greenbrier posts solid fiscal third quarter
The Greenbrier Companies, Inc., reported financial results for its third fiscal quarter ended May 31, 2016 that indicate continued strong performance, despite a railcar market that has softened in recent…
Savannah rail projects FASTer to intermodal
The Georgia Ports Authority announced on July 6 it has received a $44 million Fixing America's Surface Transportation (FAST) grant from the U.S. Department of Transportation to increase rail capacity…
AAR: carload traffic down 7% for June
The Association of American Railroads (AAR) on July 6th reported weekly U.S. rail traffic, as well as volumes for June 2016.
Summer don’t slump: Weekly AAR rail traffic report
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending Jun. 25, 2016, with fewer declines than previous weeks as we head into summer.
Head-on crash on BNSF Transcon
Two BNSF intermodal trains collided head-on early Tuesday morning, June 28, 2016, on the railroad’s busy Chicago-Los Angeles Transcon near Panhandle, Tex., about 25 miles northeast of Amarillo. Three crew…
UIC's Loubinoux awarded BIC's global rail freight honor
The Bureau International des Containers (BIC) announced on June 23 that Jean-Pierre Loubinoux, General Director, International Union of Railways, (UIC) has won the 2016 BIC Award.
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