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AAR: Freight traffic slump continues
For April 2016, combined U.S. carload and intermodal originations were 1,972,829, down 11.8% or 264,327 carloads and intermodal units from April 2015, reported the Association of American Railroads on May…
Jason Seidl: Takeaways from NEARS
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl returned from attending the April 26-28, 2016 North East Association of Rail Shippers (NEARS) Spring Conference…
Wabtec reports first quarter EPS of $1.02
Wabtec Corporation on April 26, 2016 reported results for first-quarter 2016, with higher sales in the company’s Transit Group more than offset by lower sales in the Freight Group, leading…
AAR names environmental award recipients
The Association of American Railroads on April 12, 2016 presented Michael Hoey, a CSX Transportation civil engineer from Philadelphia, Pa., the 2016 John H. Chafee Environmental Excellence Award. U.S. Senator…
CSX weathers tough first quarter
Impacted by lower volume, CSX posted first-quarter 2016 net earnings of $356 million, or $0.37 per share, down from $442 million, or $0.45 per share, in the same period of…
Jason Seidl: Pricing expectations slow
Rail price increases will come at a slowing rate over the next 6-12 months, says Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl. This…
INRD, CN win ASLRRA Marketing Award
The American Short Line and Regional Railroad Association (ASLRRA) has honored the Indiana Rail Road Company (INRD) with its 2016 Railroad Marketing Award for INRD’s successful Indiana intermodal service, which…
Luther S. Miller, Nov. 30, 1926 – March 8, 2016
Luther Sigsbee Miller, long-time Editor-in-Chief of Railway Age, died March 8, 2016. He was 89.
OmniTRAX Logistics Services expects 2016 growth
OmniTRAX Logistics Services, LLC (OLS), the transloading, terminal and logistics affiliate of OmniTRAX, Inc., is rapidly expanding its service territory throughout the US in 2016.
Introducing Transportation and Logistics Advisors, LLC
Long-time transportation industry consultant Lee Clair has launched Transportation and Logistics Advisors, LLC, described as “management advisors with deep experience in transportation and logistics, and energy and resources.” The firm…
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