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For CN, strong, solid financials in a tough year
Despite decreases in carloadings and revenue ton-miles, CN on Jan. 26, 2015 posted solid financials for fourth-quarter and full-year 2015. Significant in its results are record free cash flow and…
CN Milton Logistics Hub moving along
CN’s program to build its new, C$250 million Milton Logistics Hub in Ontario is moving ahead with a formal application to the Canadian Transportation Agency (CTA), which is required to…
Cando Rail Services expanding into B.C.
Brandon, Manitoba-based Cando Rail Services is expanding into British Columbia with the recent purchase of an 89-acre site in Kamloops for a new terminal. The terminal will have the capacity…
Railroader of the Year: CARL ICE
BNSF’s President and CEO leads a railroad that continuously sets high standards for investment, service quality, profitability and safety. Following is the complete interview, as published in the January issue…
Jason Seidl: "Confidence improves slightly but remains weak"
The results from Cowen and Company’s Fourth Quarter 2015 Rail Shipper Survey “continue to show demand weakness, a lack of confidence in the economy and that further truckload rate deterioration…
CN submits Milton Logistics Hub EIS
CN on Jan. 7, 2016 submitted its Environmental Impact Statement (EIS) to the Canadian Environmental Assessment Agency (CEAA) for its proposed logistics hub/intermodal facility to be built in Milton, Ontario.
Railway Age announces winners of inaugural Fast Trackers contest
After nearly three months and 57 entries later, Railway Age editors, along with judges Nick Little, Managing Director of Michigan State University’s Railway Management Program and Ronald L. Batory, President…
BNSF’S CARL R. ICE NAMED RAILROADER OF THE YEAR
January 7, 2016: Carl R. Ice, President and Chief Executive Officer of BNSF Railway, has been named 2016 Railroader of the Year by railroad industry trade journal Railway Age. Ice…
Cowen, Chainalytics partner on truckload data
Wall Street analyst Cowen and Company has partnered with Chainalytics, a leading firm that collects tens of billions of annualized freight spend dollars covering well over 230 direct subscriptions with…
Compromised coal loadings lead week 51 carload crash
The Association of American Railroads, in reporting rail traffic for the week ending Dec. 26, 2015 (week 51), noted that total U.S. weekly rail traffic was 391,107 carloads and intermodal…
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