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Cowen shipper survey: Price increases expected
Shippers expect a 2.9% price increase from the railroads over the next 6-12 months, according Cowen and Company’s Second-Quarter 2016 Rail Shipper Survey (downloadable from the link below).
US DOT reports second consecutive month uptick in freight
The U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS) released numbers on July 13 showing the Freight Transportation Services Index (TSI), which is based on the amount of freight…
AAR: weekly rail traffic's summer slump
The Association of American Railroads (AAR) reported on July 13th U.S. rail traffic for the week ending July 9, 2016. For this week, total U.S. weekly rail traffic was 442,113…
FEC: Big trains, big ships
The panamax era has begun in Miami, and Florida East Coast Railway (FECR) stands ready to handle intermodal containers from the Pacific Rim arriving on the gargantuan ships via the…
Greenbrier posts solid fiscal third quarter
The Greenbrier Companies, Inc., reported financial results for its third fiscal quarter ended May 31, 2016 that indicate continued strong performance, despite a railcar market that has softened in recent…
Savannah rail projects FASTer to intermodal
The Georgia Ports Authority announced on July 6 it has received a $44 million Fixing America's Surface Transportation (FAST) grant from the U.S. Department of Transportation to increase rail capacity…
AAR: carload traffic down 7% for June
The Association of American Railroads (AAR) on July 6th reported weekly U.S. rail traffic, as well as volumes for June 2016.
Summer don’t slump: Weekly AAR rail traffic report
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending Jun. 25, 2016, with fewer declines than previous weeks as we head into summer.
Head-on crash on BNSF Transcon
Two BNSF intermodal trains collided head-on early Tuesday morning, June 28, 2016, on the railroad’s busy Chicago-Los Angeles Transcon near Panhandle, Tex., about 25 miles northeast of Amarillo. Three crew…
UIC's Loubinoux awarded BIC's global rail freight honor
The Bureau International des Containers (BIC) announced on June 23 that Jean-Pierre Loubinoux, General Director, International Union of Railways, (UIC) has won the 2016 BIC Award.
Grain gain helps offset coal and crude crash
In reporting U.S. rail traffic for the week ending June 18, 2016, the Association of American Railroads noted a large increase in grain shipments that partially offset substantial losses in…
MSLLC plans for main line through La. and Ms.
Kansas City Southern announced June 22 that the Meridian Speedway©, LLC (MSLLC), is investing approximately $28 million in 2016 on construction and improvement projects on its Vicksburg and Meridian Subdivisions.
Crosbie returns to Parsons
William “Bill” Crosbie has rejoined Parsons Corp. as Senior Vice President and Business Development Director for its Transport Division, which provides full-service engineering and management services in rail transit, ports…
HNTB names U.S. business development director
HNTB Corporation has hired Ian Choudri in the new position of national rail and transit business development director and senior vice president, where he will support the firm's growth across…
Mass DOT invites public for State Rail Plan presentation
The Massachusetts Department of Transportation (MassDOT) is undertaking an update to the 2010 State Rail Plan to document the current state of the rail system, identify planned improvements and outline…
Total U.S. weekly rail traffic down 17.3% for week ending June 4
For the week ending June 4, 2016, AAR reports total U.S. weekly rail traffic was 455,346 carloads and intermodal units, down 17.3% compared with the same week last year.
Carload traffic down 10.3% for May
The Association of American Railroads (AAR) announced its monthly rail freight traffic report for May, and the week ending May 28, 2016. The figures, as expected, haven’t improved.
MARS: Volume vs. velocity
“Volume vs. Velocity—Managing Change in 2016” will be the theme for the 247th meeting of the Midwest Association of Rail Shippers (MARS) to be held July 11–12, 2016 at the…
Jason Seidl: Takeaways from the NARS 2016 Annual Meeting
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl attended the National Association of Rail Shippers (NARS) 2016 Annual Meeting, and offers the following report:
Rail freight traffic: Same stuff, different week
North American rail freight traffic remains in the doldrums, the Association of American Railroads reported for the week ending May 21, 2016.
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