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Pennsylvania to allocate $61.9 billion to statewide transportation improvements
Pennsylvania’s State Transportation Commission (STC) has announced updates to the state’s 12-Year Transportation program, effective Oct. 1.
AAR: Weekly rail traffic down 5.5%
The Association of American Railroads (AAR) on August 10, 2016 reported U.S. rail traffic for the week ending August 6, 2016. For this week, total U.S. weekly rail traffic was…
AAR: total July carloads decline 8.8% led by coal at 17.5% and petroleum at 22%
The Association of American Railroads (AAR) on August 3rd reported weekly U.S. rail traffic, as well as volumes for July 2016:
AAR: Total weekly rail traffic down 5.3%
For the week ending July 23, 2016, total U.S. weekly rail traffic was 528,070 carloads and intermodal units, down 5.3% compared with the same week last year, according the Association…
Wabtec reports 2Q16 results, updates full-year guidance
Wabtec Corp. on July 25, 2016 reported second-quarter results affected by lower freight sector-related revenues.
USDOT constructs Build America Bureau
The U.S. Department of Transportation (USDOT) announced the establishment of the Build America Bureau, "which will drive transportation infrastructure development projects in the United States by streamlining credit and grant…
AAR: Total weekly rail traffic down 5.6%
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending Jul. 16, 2016:
Minnesota establishes council on freight rail
Minnesota Gov. Mark Dayton issued an executive order, establishing the Governor’s Council on Freight Rail, which will bring together state officials and railroads in a public-private working group to improve…
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…
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