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Intermodal powers KCS to record quarter
With a 23% increase in intermodal revenue taking some of the sting out of 14% slump in revenue from utility coal, Kansas City Southern has reported second-quarter 2012 revenue of $545 million.…
GWI releases 2Q freight traffic report
Greenwich, Conn.-based Genesee & Wyoming, Inc. Monday released its freight traffic results for the second quarter, noting total freight carload traffic fell 6.9% compared with the second quarter of 2011.
AAR says weekly rail traffic is mixed
The Association of American Railroads (AAR) Thursday reported mixed weekly rail traffic for the week ending July 7, 2012, with U.S. railroads originating 243,156 carloads, down 1% compared with the…
Truckers forecast steady rise in intermodal
The American Trucking Associations' Freight Transport to 2023 forecast, released Monday, predicts that rail intermodal tonnage will rise 6.2% a year between 2012 and 2017, slowing to 5.4% annually through 2023.
U.S. freight carload volume sluggish again
U.S. intermodal volume continued its torrid 2012 pace for the week ending June 30, but U.S. freight carload traffic resumed falling short of 2011 volume, the Association of American Railroads…
UP's Koraleski sees "slow, continual growth"
Union Pacific President and CEO Jack Koraleski said Monday that he sees nothing "right now" to indicate the economy is softening, and added: "We see a slow, continual growth pattern."
UP marks "150 years of building America"
The Union Pacific Railroad on Sunday officially celebrated its 150th birthday. On Monday, UP President and CEO Jack Koraleski visited the New York Stock Exchange with 11 other UP employees to ring…
Hunter Harrison named CP President, CEO
Canadian Pacific Friday officially made its long-anticipated move of appointing E. Hunter Harrison president and chief executive officer, completing a significant revision of CP leadership through its revamped board of…
North American carload freight volume rallies
Freight carload volume gained ground in Canada, Mexico, and the U.S. during the week ending June 23, 2012, measured against the comparable week a year ago, the Association of American…
Port of Stockton hails track connection
California's Port of Stockton on Monday said it was "pleased to announce the completion of 3,347 feet of new track on the Port's West Complex ." The port implemented the…
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