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Amid political background, NS TV ad debuts
Norfolk Southern Monday said it has launched "a new television commercial that showcases the railroad's role as a creator of economic possibilities – a powerful force for growth among the…
North American nations score weekly traffic gains
Freight carload traffic and intermodal volume rose for the U.S., Canada, and Mexico during the week ending Aug. 4, 2012, the Association of American Railroads reported Thursday.
Bombardier wins new AirTrain contract
Bombardier Transportation announced Friday that it has signed a contract with the Port Authority of New York & New Jersey to provide operations and maintenance services for the AirTrain system…
Rail intermodal has best July in history
The Association of American Railroads reported Thursday that rail intermodal volume in July was 946,071 trailers and containers, up 5.6% compared with July 2011. U.S. rail carloads totaled 1,103,733, off…
GWI Australia buys key freight terminal
Greenwich, Conn.-based Genesee & Wyoming Inc. announced Wednesday that subsidiary Genesee & Wyoming Australia Pty Ltd. (GWA) purchased an intermodal and freight terminal in Alice Springs, Northern Territory, from Asciano…
NY-NJ ExpressRail port traffic grows 10%
The Port Authority of New York & New Jersey reported July 31 that ExpressRail, its rail system serving New York and New Jersey marine terminals, reported a record 10% increase…
U.S. freight traffic trend reverts to 2012 norm
U.S. freight traffic for the week ending July 21, 2012 resumed its bifurcated trend for the year—a decline in freight carload volume, an increase in intermodal—the Association of American Railroads…
CP earnings up for second quarter and first half
Canadian Pacific Railway announced Wednesday that it earned net income of C$103 million (roughly US$101 million) and diluted earnings per share of 60 Canadian cents, "inclusive of the negative impact of…
CN posts strong earnings, revises outlook upward
Canadian National earned net income of C$631 million in this year's second quarter, or C$1.44 per diluted share, up from C$538 million, or C$1.18 per diluted share, in the second quarter of…
Cold Train expands volume, reach, and fleet
Rail Logistics Tuesday said that due to "continued growth," the company's Cold Train service is expanding its Washington State-based refrigerated container fleet to 300 state-of-the-art 53-foot containers (built by Hyundai),…
OmniTRAX's Mike Ogborn to retire
Transportation management company OmniTRAX, Inc. said late Thursday that Managing Director and Executive Vice President Mike Ogborn will retire. No specific date was given.
Weekly traffic up throughout North America: AAR
Freight carload traffic volume and intermodal movements notched a North American trifecta in the week ending July 14, 2012, measured against the comparable week of 2011, the Association of American…
USPS ponders boosting mail by rail
Hit-or-miss efforts (mostly miss) by the U.S. Postal Service to move mail by railroad have characterized the mode's declining mail modal share for decades, but the USPS is once more…
Intermodal powers KCS to record quarter
With a 23% increase in intermodal revenue taking some of the sting out of 14% slump in revenue from utility coal, Kansas City Southern has reported second-quarter 2012 revenue of $545 million.…
GWI releases 2Q freight traffic report
Greenwich, Conn.-based Genesee & Wyoming, Inc. Monday released its freight traffic results for the second quarter, noting total freight carload traffic fell 6.9% compared with the second quarter of 2011.
AAR says weekly rail traffic is mixed
The Association of American Railroads (AAR) Thursday reported mixed weekly rail traffic for the week ending July 7, 2012, with U.S. railroads originating 243,156 carloads, down 1% compared with the…
Truckers forecast steady rise in intermodal
The American Trucking Associations' Freight Transport to 2023 forecast, released Monday, predicts that rail intermodal tonnage will rise 6.2% a year between 2012 and 2017, slowing to 5.4% annually through 2023.
U.S. freight carload volume sluggish again
U.S. intermodal volume continued its torrid 2012 pace for the week ending June 30, but U.S. freight carload traffic resumed falling short of 2011 volume, the Association of American Railroads…
UP's Koraleski sees "slow, continual growth"
Union Pacific President and CEO Jack Koraleski said Monday that he sees nothing "right now" to indicate the economy is softening, and added: "We see a slow, continual growth pattern."
UP marks "150 years of building America"
The Union Pacific Railroad on Sunday officially celebrated its 150th birthday. On Monday, UP President and CEO Jack Koraleski visited the New York Stock Exchange with 11 other UP employees to ring…
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