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CP trumpets 1Q earnings ahead of proxy battle
Canadian Pacific Railway early Friday announced stellar first-quarter net income of C$142 million, up C$108 million, or 318%, from the first quarter of 2011. Diluted earnings per share did nearly…
U.S. carload freight down again, intermodal up
U.S. freight carload traffic for the week ending April 14, 2012 continued to fall short of 2011 levels, down 6.4% measured against the comparable week last year, the Association of…
U.S. carloads fall 7.7%, intermodal up 1.1%: AAR
The Association of American Railroads today reported that rail carload traffic for the week ending April 7, 2012, fell 7.7% compared to the prior-year week, with U.S. railroads originating 270,974…
U.S. freight traffic remains mixed: AAR
U.S. freight traffic continued its split personality impersonation spanning most of 2012 for the week ending March 31, 2012.
Rail Logistics-Cold Train announces partnership
Quincy, Wash.-based Rail Logistics-Cold Train and Interstate Distributor Co. have announced a partnership in which Cold Train will utilize a dedicated fleet of trucks from Interstate Distributor Co. for short-haul…
Anthony Perl joins Railway Age bloggers
Noted transportation academician Anthony Perl added his considerable expertise in rail transportation to the pool of Railway Age bloggers this week.
U.S. carload traffic slump continues
U.S. freight carload traffic for the week ending March 24, 2012 fell significantly, down 7.2%, measured against the comparable week in 2011, the Association of American Railroads (AAR) said Thursday,…
AAR: U.S. freight traffic remains mixed
U.S. freight carload traffic for the week ending March 17, 2012 fell 5.3% compared with the same week in 2011, the Association of American Railroads said Thursday. But U.S. intermodal…
Dave Starling: “Not just a job, but a way of life"
Highlights from Kansas City Southern President and CEO Dave Starling’s remarks upon receipt of the Railroader of the Year Award, Union League Club, Chicago, Ill., March 13, 2012. “Railroading in…
AAR: U.S. freight traffic stays mixed
U.S. freight traffic continued its mixed trends in the week ending March 10, 2012, the Association of American Railroads said Thursday. U.S. freight carload traffic declined 4.8% for the week…
BNSF updates data on reduced CO2 emissions
BNSF said Tuesday its customers significantly reduced carbon dioxide emissions in 2011 by shipping their freight by rail instead of their products moving entirely over the road.
UP, Port of Stockton advance PPP effort
The Port of Stockton, Calif., said late Tuesday that, in a public-private partnership with Union Pacific Railroad and Metropolitan Stevedore Co., it has completed a project to add 5,828 feet…
Maersk Line, BNSF team for “Flagship Service”
Madison, N.J.-based Maersk Line announced on Monday its new "Flagship import service direct from Asia to five key markets in North America—Chicago, Dallas-Fort Worth, Houston, Memphis, and northwest Ohio"—in conjunction…
New oil-gas rail terminal on tap for Texas
Kinder Morgan Energy Partners, L.P. and Martin Midstream Partners L.P. have formed a joint venture, Pecos Valley Producer Services LLC, to develop a rail terminal in Pecos, Tex., to serve…
Freight traffic strong as February begins
U.S. freight carload traffic for the week ending Feb. 4, 2012 advanced 6.2% measured against the comparable week in 2011, the Association of American Railroads reported Thursday. U.S. intermodal volume…
An increasingly intermodal railroad
Norfolk Southern is increasingly an intermodal railroad. As of Feb. 18, nearly half of total revenue units year-to-date — 412,077 out of 911,473 or 48.6% — were intermodal boxes (an…
IANA: Intermodal growth continues
Intermodal container volume set a new record in 2011 with 12.4 million moves, beating former record-year 2007 by 3.7%, the Intermodal Associaton of North America (IANA) said Thursday.
J.B. Hunt Intermodal earnings rise
J.B. Hunt Transport Services, Inc. reported late Thursday that fourth quarter 2011 Intermodal Segment revenue increased 24% to $729 million, and operating income grew 20% to $83.9 million.
UP, UPS deliver "perfect peak season"
Union Pacific announced Friday that UP and UPS achieved a "perfect peak season" in 2011 by delivering 100% of UPS peak-season freight without a service failure.
Kansas City Southern President and CEO David L. Starling named Railway Age Railroader of the Year
David L. Starling, President and Chief Executive Officer of Kansas City Southern, has been named 2012 Railroader of the Year by railroad industry trade journal Railway Age.
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