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Wabtec posts record second quarter
Wabtec Corp. on June 23, 2015 reported record results for second-quarter 2015.
Carload traffic continues to dip
For the week ending July 18, 2015, total U.S. weekly rail traffic was 551,181 carloads and intermodal units, down 2.8% compared with the same week last year, as carload traffic…
Carload traffic remains mostly flat
For the week ending July 11, 2015, total U.S. weekly rail traffic was 534,097 carloads and intermodal units, down 2.4% compared with the same week last year, as carload traffic…
Waiting for the whites of their eyes
Since March we have been very cautious on the near-term prospects for the railroad stocks, warning investors on multiple occasions about the disappointing volume outlook for the group. These warnings…
Carload dip continues as intermodal grows
For the week ending July 4, 2015 total U.S. weekly rail traffic was 506,284 carloads and intermodal units, up 1.7% compared with the same week last year, as carload traffic…
Intermodal sees highest-volume month in history
In reporting weekly U.S. rail traffic, as well as volumes for June 2015 and the first six months of 2015, the Association of American Railroads (AAR) revealed on July 1,…
Rep. Lipinski introduces new freight research legislation
Addressing the need for increased national freight research, U.S. Representative Dan Lipinski (D-Ill.) introduced on June 29, 2015 legislation aimed at improving freight mobility through transportation research and strategic planning.
CAGTC applauds Senate support of multimodal goods movement
U.S. Senators Maria Cantwell (D-Wash.), Cory Booker (N-N.J.), Patty Murray (D-Wash.) and Ed Markey (D-Mass.) introduced on June 25, 2015, a proposal creating a national multimodal freight policy and investment…
Rail volume essentially flat through year’s first 24 weeks
North American rail volume on 13 reporting U.S., Canadian and Mexican railroads for the first 24 weeks of 2015 was 16,950,429 carloads and intermodal units, flat compared with the same…
AAR: Intermodal sets weekly record
The current trend in 2015 U.S. rail freight traffic—intermodal registering gains over prior-year numbers, carload traffic falling—continued for the week ending June 13, 2015, the Association of American Railroads reported.…
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