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Moorman “optimistic” on traffic prospects
Norfolk Southern CEO Wick Moorman told stockholders at the company's 30th annual meeting in Williamsburg, Va., Thursday that he is “confident, optimistic, and enthusiastic about our future business prospects.”
U.S. freight trends continue, both up and down
In line with much of 2012, U.S. freight carload traffic for the week ending May 5, 2012 failed to keep pace with 2011 levels, down 2% measured against the comparable…
Schneider National extends BNSF Railway pact
Green Bay, Wis.-based Schneider National, Inc., on Wednesday said it has signed a new, multiyear agreement with BNSF, under which the Class I railroad will continue to serve as one…
Domestic containers drive 1Q intermodal gains
Whatever woes coal volumes are posing for North American railroads in 2012, domestic intermodal container traffic seems determined to offset them, at least in part. First-quarter domestic container volume moving…
Fitch cites railroad challenges—and strengths
Fitch Ratings says it views "weak year-to-date rail volume trends as a reflection of fundamental shifts in demand patterns for key industrial commodities as domestic production of unconventional oil and gas resources continues…
Iowa Pacific, Rail Logistics announce partnership
Rail Logistics and Iowa Pacific Holdings on Monday jointly announced a partnership in which Rail Logistics will manage, operate, and market Iowa Pacific's refrigerated railcar fleet. The venture began May…
Carloads down, intermodal up, yet again: AAR
U.S. freight carload volume for the week ending April 28, 2012 fell 4.1% measured against the comparable week a year ago, continuing an ongoing trend for the year, the Association…
U.S. freight traffic picture stays mixed, AAR says
U.S. freight carload traffic again fell short of year-ago levels in the latest week ending April 21, 2012, down 3.6% when measured against the comparable week in 2011, the Association…
KCS: Record 1Q revenue, operating ratio
Kansas City Southern has reported record first-quarter 2012 revenue of $548 million with carloads up 7% from first-quarter 2011.
CP trumpets 1Q earnings ahead of proxy battle
Canadian Pacific Railway early Friday announced stellar first-quarter net income of C$142 million, up C$108 million, or 318%, from the first quarter of 2011. Diluted earnings per share did nearly…
U.S. carload freight down again, intermodal up
U.S. freight carload traffic for the week ending April 14, 2012 continued to fall short of 2011 levels, down 6.4% measured against the comparable week last year, the Association of…
U.S. carloads fall 7.7%, intermodal up 1.1%: AAR
The Association of American Railroads today reported that rail carload traffic for the week ending April 7, 2012, fell 7.7% compared to the prior-year week, with U.S. railroads originating 270,974…
U.S. freight traffic remains mixed: AAR
U.S. freight traffic continued its split personality impersonation spanning most of 2012 for the week ending March 31, 2012.
Rail Logistics-Cold Train announces partnership
Quincy, Wash.-based Rail Logistics-Cold Train and Interstate Distributor Co. have announced a partnership in which Cold Train will utilize a dedicated fleet of trucks from Interstate Distributor Co. for short-haul…
Anthony Perl joins Railway Age bloggers
Noted transportation academician Anthony Perl added his considerable expertise in rail transportation to the pool of Railway Age bloggers this week.
U.S. carload traffic slump continues
U.S. freight carload traffic for the week ending March 24, 2012 fell significantly, down 7.2%, measured against the comparable week in 2011, the Association of American Railroads (AAR) said Thursday,…
AAR: U.S. freight traffic remains mixed
U.S. freight carload traffic for the week ending March 17, 2012 fell 5.3% compared with the same week in 2011, the Association of American Railroads said Thursday. But U.S. intermodal…
Dave Starling: “Not just a job, but a way of life"
Highlights from Kansas City Southern President and CEO Dave Starling’s remarks upon receipt of the Railroader of the Year Award, Union League Club, Chicago, Ill., March 13, 2012. “Railroading in…
AAR: U.S. freight traffic stays mixed
U.S. freight traffic continued its mixed trends in the week ending March 10, 2012, the Association of American Railroads said Thursday. U.S. freight carload traffic declined 4.8% for the week…
BNSF updates data on reduced CO2 emissions
BNSF said Tuesday its customers significantly reduced carbon dioxide emissions in 2011 by shipping their freight by rail instead of their products moving entirely over the road.
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