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Cold Train owner sued for loan default
Farmington Hills, Mich.-based Federated Railways, Inc. owner Louis Ferris, in a statement released Friday, Jan. 16, 2015 said he has filed a lawsuit against Michael Lerner, the owner of Rail…
MARS Winter Meeting highlights growth, service improvements
Based on the generally positive atmosphere at the 2015 Midwest Association of Rail Shippers (MARS) Winter Meeting in Oak Brook, Ill., railroad/customer relationships are improving as capacity and service quality…
Growth expectations lower but still robust, rail shipper survey says
Cowen and Company’s Fourth Quarter 2014 Rail Shipper Survey “suggests that the potential negative impacts on rail pricing power from the deceleration in crude shipment growth and suboptimal service have…
AAR: Mixed U.S. results as calendar 2015 begins
In a pattern uncommon during most of 2014, U.S. freight carload traffic gained ground as 2015 began while U.S. intermodal volume slipped, the Association of American Railroads reported Thursday, Jan.…
CSX launches industrial development website
CSX has launched a new online portal to help its customers more easily access the resources they need to locate or expand facilities on CSX’s rail network: www.csxindustrialdevelopment.com.
U.S. freight traffic ends 2014 with gains
The final full week of 2014 was another winning one for U.S. freight rail traffic, and indeed for rail traffic throughout the three NAFTA nations, the Association of American Railroads…
Tiger Cool Express expands container fleet
Tiger Cool Express LLC, a transporter of produce and food products in temperature-controlled intermodal containers, has added 35 domestic containers to its fleet. The new acquisition marks an increase in…
North American freight rail gains continue
U.S. freight rail traffic continued gaining over 2013 levels in the week ending Dec. 13, 2014, the Association of American Railroads said Thursday, Dec. 18.
Auto Truck Group announces new facility
Auto Truck Group on Thursday, Dec. 18, 2014 announced a new work truck and commercial van upfitting and manufacturing facility in O'Fallon, Mo., set to open before month's end.
Gooden, Mongeau, Elliott headline MARS Winter Meeting
Safety, service, and schedule, “some of the most challenging issues currently facing businesses that ship goods via railroad,” will be the focus at the Jan. 14-15, 2015 Winter Meeting of…
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