Intermodal

The United States trails Germany and China in deployment of fiber optic sensors – a key technology for monitoring railroad infrastructure – according to a leading trade organization.
Amazon.com announced plans to open its fourth Maryland fulfillment facility at the Tradepoint Atlantic multimodal center near Baltimore.
Third quarter earnings at BNSF Railway reflected gains in most carload categories that boosted revenue and income, but some moderation in growth through the first nine months of the year…
Joseph Parsons will take on the newly-created title of general manager at the Iowa Interstate Railroad (IAIS), effective Nov. 3, concurrent with the retirement of Jerome Lipka from the position…
The South Carolina Ports Authority Board of Directors approved a $69.5-million contract for the purchase of six new ship-to-shore cranes to serve growing container volumes and larger ships calling the…
The union representing Canadian Pacific train crews met again with the railroad after membership voted to reject a one-year contract proposal.
CSX on Nov. 1 announced that it is cancelling its share of a long-planned P3 (public-private partnership) to rebuild and expand Howard Street Tunnel, a 122-year-old structure under downtown Baltimore…
Following steadily growing weekly volume, intermodal rail traffic reached an all-time high on U.S. carriers in October, according to the Association of American Railroads.
Regional and short line operator Genesee & Wyoming saw higher revenue in the third quarter, but said weaker than expected earnings fell by 18% on lower agricultural shipments out of…
A pilot program to advance the use of Unmanned Aircraft Systems (UAS, or drones) will partner the U.S. Department of Transportation and local jurisdictions in developing rules that will allow…
Railcar builder The Greenbrier Companies reported fourth-quarter revenue of $611.4 million and net earnings of $23.7 million, or 75 cents per diluted share, including a $3.5 million goodwill impairment charge.…
Union Pacific Corp. had third quarter net income of $1.2 billion, or a $1.50 per share, up from $1.1 billion, or $1.36, in the year-ago quarter, on improved pricing despite…
Total U.S. rail traffic for the week ending Oct. 21 was 559,989 carloads and intermodal units, up 3% from the same week a year ago, according to the Association of…
Recent acquisitions helped boost results for component and systems provider Wabtec Corp. in the third quarter as sales of existing equipment in the transit and freight categories faced “challenging market…
Norfolk Southern Corp. reported third-quarter net income of $506 million, up 10% on-year, as income from railway operations increased 11% to $911 million and the operating ratio fell to a…
Canadian National reaffirmed full-year financial estimates on third-quarter revenue that was 7% higher and earnings that were essentially unchanged.
Union Pacific has unveiled No. 1943 “The Spirit of the Union Pacific” locomotive at San Antonio's Sunset Station, the 16th commemorative locomotive in the railroad’s 155-year history The arrival of…
Total U.S. rail traffic was 548,264 carloads and intermodal units, up 3.1% for the week ending Oct. 14 compared with the same week in 2016, according to the Association of…
Canadian Pacific Railway reported third-quarter adjusted diluted earnings per share of $2.90, up 6%, on revenue that was 3% higher at $1.6 billion.
Railroad shippers are anticipating price increases averaging 3.2% over the next 6-12 months, according to Cowen and Company’s Third-Quarter 2017 Rail Shipper Survey. This is a 20 basis point sequential…
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