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Disruptive thinking about railway capital requirements
It has been a bit more than a decade and a half since the rail industry, assisted by well-qualified consultants, alerted the public and industry watchers that economic growth would…
The state of Intermodal
Coal is no longer king and will not return to the position it once held as the industry’s largest revenue stream. Crude oil might bounce back, a little. Motor vehicles…
AAR: weekly intermodal volume up 2.6%
The Association of American Railroads (AAR) on Oct. 26 reported for the week ending Oct. 22, 2016, total U.S. weekly rail traffic was 544,092 carloads and intermodal units, down 1.7%…
Road & Rail Services marks 30 years
Longevity is common in the railway supply business, even though many companies have been through the merger and acquisitions process. Louisville, Ky.-based Road & Rail Services marks 30 years in…
Savage opens transloading facility in Iowa
Savage announced Oct. 25 the start of transloading in Daveport, Iowa.
Turning on the intermodal tap
About 800 million gallons of water flow through Maine aquifers for the Poland Spring company each year. Since January 2016, containers full of that water flow south from Maine by…
UP absorbs third-quarter hit
Any way you slice them, Union Pacific’s third-quarter 2016 financials aren’t good. Based on “an unstable global economy, the relatively strong U.S. dollar, and continued soft demand for consumer goods,”…
AAR: Weekly U.S. rail traffic down 4.2%
The Association of American Railroads (AAR) reported on Oct. 19 that for the week ending October 15, 2016, total U.S. weekly rail traffic was 531,936 carloads and intermodal units, down…
For KCS, a challenging third quarter
Kansas City Southern (KCS) reported third-quarter 2016 revenues of $605 million, a decrease of 4% from third-quarter 2015, in what management is describing as a very challenging period.
Jason Seidl: Shippers “slightly negative to neutral” on railroads
According to Cowen and Company’s Third-Quarter 2016 Rail Shipper Survey, shippers “are anticipating the lowest rate of price increases over the next 6-12 months that we’ve seen in our survey…
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AAR to Pence: "Freight railroads can serve as an example" for transition team
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SMART TD to Trump: "Provide the safe working environment"
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