Intermodal

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…
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 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…
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…
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…
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),…
Transportation management company OmniTRAX, Inc. said late Thursday that Managing Director and Executive Vice President Mike Ogborn will retire. No specific date was given.
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…
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…
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.…
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.
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…
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. 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…
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."
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…
Canadian Pacific Friday officially made its long-anticipated move of appointing E. Hunter Harrison president and chief executive officer, completing a significant revision of CP leadership through its revamped board of…
Freight carload volume gained ground in Canada, Mexico, and the U.S. during the week ending June 23, 2012, measured against the comparable week a year ago, the Association of American…
California's Port of Stockton on Monday said it was "pleased to announce the completion of 3,347 feet of new track on the Port's West Complex ." The port implemented the…
While the railroad world waits for the Canadian Pacific Railway board of directors to name a permanent chief executive to succeed acting CEO Steve Tobias, some railfans are whiling away…
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