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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.
P&L announces management changes
Paducah & Louisville Railway, Inc. and its affiliate companies, Evansville Western Railway, Inc. and Appalachian and Ohio Railroad, Inc. announced on Jan. 16 the appointment of several changes to its…
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…
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…
Wester joins Gulf & Ohio Railways
Gulf & Ohio Railways announced Jan. 11 that Michael Wester joined the company on Jan. 2, 2017.
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…
Cowen and Company: Perspectives from FTR's Noel Perry
Noted trucking industry veteran and freight economist Noel Perry appears to hold a positive near-to-intermediate term view of freight markets, projecting truckload capacity to exceed full utilization in 2018, according…
AAR 2017 outlook focuses on tax code and regulations
The Association of American Railroads (AAR) provided this 2017 outlook on Jan. 4:
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