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AAR: Weekly rail traffic down 5.5%
The Association of American Railroads (AAR) on August 10, 2016 reported U.S. rail traffic for the week ending August 6, 2016. For this week, total U.S. weekly rail traffic was…
AAR: total July carloads decline 8.8% led by coal at 17.5% and petroleum at 22%
The Association of American Railroads (AAR) on August 3rd reported weekly U.S. rail traffic, as well as volumes for July 2016:
AAR: Total weekly rail traffic down 5.3%
For the week ending July 23, 2016, total U.S. weekly rail traffic was 528,070 carloads and intermodal units, down 5.3% compared with the same week last year, according the Association…
Wabtec reports 2Q16 results, updates full-year guidance
Wabtec Corp. on July 25, 2016 reported second-quarter results affected by lower freight sector-related revenues.
USDOT constructs Build America Bureau
The U.S. Department of Transportation (USDOT) announced the establishment of the Build America Bureau, "which will drive transportation infrastructure development projects in the United States by streamlining credit and grant…
AAR: Total weekly rail traffic down 5.6%
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending Jul. 16, 2016:
Minnesota establishes council on freight rail
Minnesota Gov. Mark Dayton issued an executive order, establishing the Governor’s Council on Freight Rail, which will bring together state officials and railroads in a public-private working group to improve…
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…
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