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Iowa Pacific, Holdtrade (UK) Ltd. form Colombian joint venture
Iowa Pacific Holdings, LLC, and Holdtrade (UK) Ltd. of Greenwich, England, have formed a new company, Holdtrade Atlantico, to apply for rail freight operating licenses in Colombia. The new company…
Pacific Harbor Line, BLET sign pact
Short line Pacific Harbor Line, Inc. (PHL) and the Brotherhood of Locomotive Engineers and Trainmen (BLET) announced Monday, July 15, 2013, they have signed a new five-year labor agreement covering…
Midyear traffic volumes: Carloads flat, intermodal up
At the midyear point of 2013 (26 out of 52 weeks in), combined North American rail volume on 13 reporting U.S., Canadian, and Mexican railroads totaled 9,650,841 carloads, down 0.4%…
CN to serve new frac sand transloading terminal
CN announced on Wednesday, July 3 that it will start serving a new state-of-the art frac sand terminal north of Grande Prairie, Alta., starting in November 2013.
Educating the next generation of railroaders
“You’re going to be a high school senior this fall. Any thoughts on a career? College?” “Well, Dad, I think I might like to work for a railroad. It’s a…
Midyear Report: Why investors turn to rail
Union Pacific’s record $3.7 billion in capital expenditures in 2012 returned quick dividends, and resulted in the 151-year-old railroad’s best year for its investors.
CSX embarks on a July 4 track blitz
CSX m/w employees on July 1 kicked off an eight-day maintenance “jamboree” or “blitz” designed to complete work that would normally take 18 weeks under traffic. The accelerated timeline is…
RRV&W reaches one million carloads
On June 22, the Red River Valley & Western Railroad Company, after 26 years in business, moved its one-millionth carload. The celebratory shipment was 110 tons of corn destined for…
AAR to Congress: Freight rail strong and flexible—and the backbone of passenger rail
In two days of testimony before two separate U.S. House of Representatives transportation panels, Association of American Railroads President and CEO Edward R. Hamberger emphasized that “billions in annual privately…
Foxx confirmed as new DOT Secretary
The Senate unanimously confirmed former Charlotte, N.C. Mayor Anthony Foxx as the new Secretary of Transportation Thursday, June 27, 2013, succeeding Ray LaHood.
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