Management

Taking full advantage of strong demand for its services and benefitting from a milder winter than last year’s deep freeze, CN posted strong first-quarter 2015 financials.
Canadian National Railroad Company (CN) locomotive engineers, represented by the Teamsters Canada Rail Conference (TCRC) union, have established a new collective agreement with the company, CN announced on April 16,…
According to figures reported by the Association of American Railroads for the week ending April 11, 2015, freight rail traffic remained relatively flat.
Toyota, whose advertising slogan is “Let’s Go Places,” is able to depend upon the railroads for the places its motor vehicles need to go. In recognition, Toyota Logistics Services has…
CSX posted first-quarter 2015 net earnings of $442 million, an 11% increase from $398 million in the same period last year, and generated earnings per share of $0.45, a 13%…
The most recent safety statistics released by the Federal Railroad Administration (FRA) in April show that 2014 was the safest year on record for train operations in the United States,…
While stating that it “does not forecast earnings, and this announcement is not intended to change that policy,” Norfolk Southern said, in a press release issued immediately after the New…
The results of a rail shipper survey conducted by Cowen & Company in 2015’s first quarter indicate a “mild negative for the rail sector,” according to Managing Director and Railway…
Dispatching, says Norfolk Southern Manager-Dispatch Planning Systems Charlie Turnipseed, “is like a game of chess.” Like chess players, train dispatchers are constantly thinking ahead, planning movements, moving “pieces”—trains—across the “board”—the…
Gains in intermodal helped offset a downturn in carload traffic during the month of March 2015, the week ended March 28 and the year’s first quarter, the Association of American…
Two bills of substantial importance to railroads—Staggers Rail Act revisions as part of reauthorization of the Surface Transportation Board (STB), and extension of the deadline to implement Positive Train Control…
The Association of American Railroads (AAR) and American Petroleum Institute (API) have collaborated on a new crude-by-rail (CBR) introductory safety course for first responders. This course is available free of…
Norfolk Southern’s 2014 Annual Report, titled “Behind Every Train,” highlights “record-setting net income, revenues, operating income, earnings per share, and operating ratio.” “2014 was an outstanding year,” said CEO Wick…
Rep. Alan Lowenthal (D-Calif.) has introduced legislation he says “will provide a dedicated revenue source to invest in rebuilding crumbling freight infrastructure.”
Railroad stocks slid precipitously on Monday, March 23, 2015, pulling down the broader transport sector, after Kansas City Southern, citing the negative effects of lower oil prices and continued weakness…
As all good Texas stories require, this one includes beer. While there is no pickup truck or trailer park involved, a railroad and organized labor are prominent. As often is…
It is shipper-friendly legislation with which freight railroads probably can live. And while it’s not all the stuff so-called captive shippers would prefer—such as mandatory caps on rail rates and…
One need not look to the wild blue yonder to find the BNSF air force. Soon, it will be patrolling BNSF tracks from altitudes no higher than 500 feet, but…
One of the largest rail labor unions—the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART)—will have a new president May 1 upon the unexpected retirement April 30…
Electro-Motive Diesel, Inc. (EMD), a subsidiary of Progress Rail Services Corp. (a Caterpillar company), and Uptake, described as “a provider of a dynamic analytics and insight platform for a wide…
4
Page 4 of 59