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Moorman to shareholders: “We see continuing strength”
Addressing his final annual meeting as Norfolk Southern’s CEO, Wick Moorman told shareholders that “we see continuing strength in the overall economy as well as opportunities in many of the…
Shippers hoist by own petard at House hearing
Poor Mr. Dooley—Calvin, that is, president of the American Chemistry Council and not the fictional Mr. Dooley created during the late 19th century by humorist Finley Peter Dunne. The latter…
NS recognizes rail customers for safe chemical handling
Norfolk Southern Corporation (NS), on May 12, 2015, announced that 66 of its customers have been awarded the 2014 Thoroughbred Chemical Safety Award for altogether safely shipping more than 227,000…
CSX’s Kuthiala receives AAR Chafee Award
The Association of American Railroads has presented CSX Director of Advanced engineering Suneil Kuthiala with the John H. Chafee Environmental Excellence Award “for his outstanding environmental leadership, especially in the…
Railroads free, leave us be!
Freedom from excessive regulation helped transform the freight railroads into the most cost effective of all transportation modes. There’s no reason to change that.
The Dean of American Transportation Journalists
After nearly 60 years with Railway Age, and at the age of 88, Senior Consulting Editor Luther Sigsbee Miller has retired from Simmons-Boardman Publishing Corp.
Rail traffic: Intermodal gain offsets carload decline
In reporting weekly U.S. rail traffic, as well as volumes for April 2015 and the first four months of 2015, the Association of American Railroads took note of how growth…
STB nominee reflects a shipper tilt
Paint former Surface Transportation Board (STB) Chairman Dan Elliott a darling of the National Industrial Transportation League (NITL), a shipper organization asking the STB to require—through so-called open access—that two…
Fiery crude oil train wreck in North Dakota
A BNSF crude oil unit train derailed near the small North Dakota town of Heimdal, at 7:30 a.m. CDT on May 6, 2015, resulting in explosions and fire.
USEIA: CBR tops 50% of supply to East Coast refineries
The U.S. Energy Information Administration (EIA) has determined that there has been a “huge increase” in rail deliveries of crude oil to East Coast refineries.
CSX announces Chemical Safety Excellence Awards
CSX on May 4, 2015 announced the winners of its 21st annual Chemical Safety Excellence Award, recognizing 70 customers for their commitment to the safe transportation of hazardous materials by…
CP names new Executive VP and CFO
Canadian Pacific has appointed Mark Erceg as Executive Vice President and Chief Financial Officer, effective May 18, 2015. He will replace outgoing CFO Bart Demosky, who will be departing from…
Intermodal gain offsets carload drop
Compared to the prior-year week, carloads for the week ending April 25, 2015 on U.S. Class I railroads dropped 7.9%, but intermodal saw yet another gain, rising 5.6%, netting a…
Carolina Worrell joins Railway Age as Managing Editor
Carolina Worrell has joined Railway Age as Managing Editor, based at Simmons-Boardman Publishing Corp.’s headquarters in New York City.
Weak coal market impacts NS first-quarter financials
A 16% dip in coal revenue was the main factor contributing to a 16% drop in net income and a 17% drop in diluted earnings per share for Norfolk Southern Corp.in first-quarter…
ASLRRA creates two new positions
To help build its reputation on a broader stage and deliver significant value to its member organizations and the customers they serve via new education and business services, the American…
Intermodal traffic at record high
According to figures reported by the Association of American Railroads (AAR) for the week ending April 18, 2015, this is the second highest week on record for intermodal volume, up…
Volume decline affects UP earnings; capex plan reduced
Core pricing gains helped Union Pacific achieve 9% earnings per share growth in the first quarter of 2015, but EPS would have been stronger had a sharp drop in volume…
Maestri and Martínez assume new responsibilities at NS; Wimbush retires
As part of Norfolk Southern’s ongoing program of executive development and in support of its efforts to reduce its environmental footprint and expand its market opportunities, Bruno Maestri and Robert…
KCS reports flat first quarter
A 1% decrease in overall revenue combined with a 1% increase in carload volume compared to the prior-year period produced relatively flat first-quarter 2015 financial results for Kansas City Southern’s…
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