For the week ending Feb. 20, total U.S. rail traffic of 377,904 carloads and containers fell 21.7% vs. the same week last year, reported the Association of American Railroads on Feb. 24.
For week 6, total U.S. weekly rail traffic was virtually on par with the comparable week in 2020, according to the Association of American Railroads’ Feb. 17 report.
Precision Scheduled Railroading overall so far is not anywhere near “precise-delivery railroading.”
Week 5 rail freight traffic didn’t change much from Week 4, the Association of American Railroads has reported.
Are digital railroads now set to fly?
FINANCIAL EDGE, RAILWAY AGE FEBRUARY 2021 ISSUE: 2020 is in the rearview mirror.
The Port of Victoria in Southeast Texas, owned and operated by the Victoria County Navigation District, is the recipient of a $6 million CARES (Coronavirus Aid, Relief, and Economic Security) Act Grant from the U.S. Economic Development Administration (EDA) for a proposed Rail Expansion Project.
The February 2021 issue of Railway Age is now available digitally, covering topics from hydrogen fuel cell locomotives to Big Data and showcasing the Honorees of our 20 Under 40 program.
In January, U.S. intermodal shipments and carloads of chemicals set new records, and grain was up 40%, its “biggest-ever” year-over-year increase, Association of American Railroads (AAR) Senior Vice President John T. Gray reported on Feb. 3. Total carloads (930,303) were the highest they have been in a year, he added—an encouraging sign.
Chicago-based GATX Corp. has reported fourth-quarter 2020 net income from continuing operations of $17.8 million, or $0.50 per diluted share, compared with fourth-quarter 2019’s $42.1 million, or $1.18 per diluted share. For full-year 2020, net income from continuing operations was $150.2 million, or $4.24 per diluted share, vs. the prior year’s $180.8 million or $4.97 per diluted share.