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AAR "ready to work with Trump"
The Association of American Railroads issued a statement on Donald J. Trump's inauguration day as President of the United States stating that the rail industry is prepared to work with…
BNSF plans $3.4B in 2017 capital spending
BNSF Railway Company (BNSF) on Jan. 19 announced its 2017 capital expenditure plan will be approximately $3.4 billion.
AAR: Total weekly U.S. traffic up 2%
The Association of American Railroads (AAR) on Jan. 18 reported for the week ending Jan. 14, 2017 total U.S. weekly rail traffic was 516,229 carloads and intermodal units, up 2%…
Cowen shipper survey: "Price increase expectations off the bottom"
Rail shippers “are more confident in the economy, and the new Trump Administration is providing a degree of both hopeful optimism and uncertainty,” according to Cowen and Company’s 4Q16 Rail…
CSX: 4Q revenue up, 2016 revenue down
On Jan. 17, CSX Corporation announced fourth quarter 2016 net earnings of $458 million, or $0.49 per share, versus $466 million, or $0.48 per share, in the same period of…
Trackmobile LLC and Rail Safe partner for safety
Trackmobile and Rail Safe Training, Inc. announced on Jan. 16 a new safety partnership. Every new Trackmobile railcar mover sold will now come with complimentary rail safety training from Rail…
AAR replies to STB on proposed access regulation
The Association of American Railroads (AAR) on Jan. 13 responded to comments filed by a group of shippers to the Surface Transportation Board (STB) for new mandated reciprocal switching ("forced…
Cowen and Company: "Notable earnings improvement in '17"
Optimism was the main thread that ran across the presentations we saw at the Midwest Association of Rail Shippers (MARS) meeting in Chicago Jan. 11-12. Most people felt better about…
AAR: total weekly U.S. rail traffic down 11.4%
The Association of American Railroads (AAR) reported Jan. 11 for the week ending January 7, 2017, total U.S. weekly rail traffic was 441,417 carloads and intermodal units, down 11.4% compared…
PANYNJ drafts $32 billion 10-year capital plan
The Port Authority New York/New Jersey Board of Commissioners announced Jan. 6 that it issued a $32 billion draft 2017-2026 Capital Plan for public comment and review.
AAR 2017 outlook focuses on tax code and regulations
The Association of American Railroads (AAR) provided this 2017 outlook on Jan. 4:
AAR: 2016 down 8.2%; 2017 could improve
The Association of American Railroads (AAR), in reporting full-year 2016 traffic figures on Jan. 4, 2017, noted that there are signs of growth following two years of declines.
AAR: 2016 concludes on a positive note
The Association of American Railroads (AAR) on Jan. 4, 2017 reported total U.S. weekly rail traffic for the week ending Dec. 31, 2016 was 425,998 carloads and intermodal units, up…
LRIW nature tour networking event at the NRC Conference
The League of Railway Industry Women (LRIW) announce a networking event and nature tour during the 2017 NRC Conference.
AAR: total weekly traffic up 27% (*)
The Association of American Railroads (AAR) reported Dec. 28 that for the week ending December 24, 2016, total U.S. weekly rail traffic was 496,633 carloads and intermodal units, up 27%…
2017 Freight Rail Outlook
If 2016’s wild, throw-predictions-out-the-window runaway freight train of a Presidential election taught us anything, it’s that nothing is ever a given. As the old saw goes, never assume, because it…
AAR: Weekly U.S. traffic relatively flat
The Association of American Railroads (AAR) reported Dec. 21 that for the week ending Dec. 17, 2016, total U.S. weekly rail traffic was 523,949 carloads and intermodal units, down 0.3%…
NEARS ready for 2017
The North East Association of Rail Shippers (NEARS) has set its slate officers for 2017, appointed a new Executive Director, and announced meeting dates.
Wabtec acquires Workhorse Rail
Wabtec Corporation announced Dec. 20 that it has acquired Workhorse Rail LLC, a supplier of engineered freight car components, mainly for the aftermarket.
Road & Rail Services wins TDSI Terminal Excellence Award
Road & Rail Services, Inc. was recently awarded the Terminal Excellence Award for the month of September 2016 by CSX’s subsidiary, TDSI.
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