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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.
FASTLANE grant applications approach $10 billion
The U.S. Department of Transportation announced on May 20, 2016 that it has received 212 applications totaling nearly $9.8 billion for grants through the newly-created Fostering Advancements in Shipping and…
ASLRRA honors four short lines for marketing achievements
The American Short Line and Regional Railroad Association recognized four short lines on May 18, 2016 "for their efforts in designing and enacting innovative and successful marketing initiatives in the…
Infrastructure week unveiled
150 non-partisan organizations recognize Infrastructure Week May 16th to 23rd. Business, labor and civic organizations are uniting under the week's 2016 theme: “Infrastructure Matters.”
Ben Vient joins Railway Age as Managing Editor
Ben Vient has joined the editorial staff of Railway Age as Managing Editor, based at Simmons-Boardman Publishing Corp. headquarters in New York City.
$36 million for 31 rail projects across 34 counties in Pennsylvania
The Pennsylvania State Transportation Commission on May 13, 2016 approved $36 million for 31 rail projects across 34 counties.
Total U.S. weekly rail traffic down 10.6%
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending May 7, 2016: Total U.S. weekly rail traffic was 492,923 carloads and intermodal units, down 10.6%…
TTX gives platinum to Strato
For the 20th consecutive year, TTX awarded Strato with its 2015 SECO (Supplier Evaluation Committee) Award.
Evergreen Shipping Agency Corp. names CN 2015 Railroad Company of the Year
Evergreen Shipping Agency (America) Corp. announced on May 10, 2016 that it has named CN as its 2015 Railroad Company of the Year in recognition of CN's "consistent high level…
The Thoroughbred that got away
Cover story from the May 2016 issue of Railway Age: Norfolk Southern has been looking over its shoulder for almost a year. Now, it can focus its attention ahead.
AAR: Freight traffic slump continues
For April 2016, combined U.S. carload and intermodal originations were 1,972,829, down 11.8% or 264,327 carloads and intermodal units from April 2015, reported the Association of American Railroads on May…
Jason Seidl: Takeaways from NEARS
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl returned from attending the April 26-28, 2016 North East Association of Rail Shippers (NEARS) Spring Conference…
Wabtec reports first quarter EPS of $1.02
Wabtec Corporation on April 26, 2016 reported results for first-quarter 2016, with higher sales in the company’s Transit Group more than offset by lower sales in the Freight Group, leading…
AAR names environmental award recipients
The Association of American Railroads on April 12, 2016 presented Michael Hoey, a CSX Transportation civil engineer from Philadelphia, Pa., the 2016 John H. Chafee Environmental Excellence Award. U.S. Senator…
CSX weathers tough first quarter
Impacted by lower volume, CSX posted first-quarter 2016 net earnings of $356 million, or $0.37 per share, down from $442 million, or $0.45 per share, in the same period of…
Jason Seidl: Pricing expectations slow
Rail price increases will come at a slowing rate over the next 6-12 months, says Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl. This…
INRD, CN win ASLRRA Marketing Award
The American Short Line and Regional Railroad Association (ASLRRA) has honored the Indiana Rail Road Company (INRD) with its 2016 Railroad Marketing Award for INRD’s successful Indiana intermodal service, which…
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