Intermodal

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…
CSX Corp. on Oct. 17 reported third-quarter 2017 net earnings of $459 million, or 51 cents per share, up from $455 million, or 48 cents per share, in the same…
The Port of Savannah moved more than one million twenty-foot equivalent container units (TEUs) at Garden City Terminal in the first quarter of fiscal 2018, as traffic increased by 5.8%…
General Electric announced that Rafael Santana, president and Chief Executive of GE Latin America, has been named president and CEO of GE Transportation, effective November 1.
The Association of American Railroads said total U.S. rail traffic for the week ending October 7 was 554,826 carloads and intermodal units, up 6.3% compared with the same week in…
Long-time Greenbrier Cos. executive and board member, and former Interstate Commerce Commission Chairman A. Daniel O’Neal died at home on Oct. 10 at the age of 81.
U.S. District Court for the District of Columbia Judge Paul Friedman on Oct. 10 denied class certification in the 10-year-old class action lawsuit alleging that BNSF, Union Pacific, CSX and…
Canadian Pacific Railway announced a new partnership with Genesee & Wyoming Inc. and Bluegrass Farms of Ohio that will open up the Ohio Valley to CP intermodal customers and further…
Approximately one week before the Oct. 11 Surface Transportation Board hearing (curiously called a “public listening session” by the STB) on CSX service issues, the railroad is pointing to extended…
Norfolk Southern issued the following service advisory on Oct. 6 in anticipation of Tropical Storm Nate strengthening into a full-fledged hurricane and making landfall on the U.S. Gulf Coast:
The North East Association of Rail Shippers (NEARS) wrapped up its Fall 2017 Conference in Pittsburgh, Pa., “with record attendance and a plethora of outstanding speakers.,” according to Executive Director…
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