Strike deadline shadows CP, union talks
Canadian Pacific and two of its unions reportedly continued to negotiate against an approaching strike deadline.
Freight
Revenue up, net lower for Kansas City Southern
Kansas City Southern reported record first quarter 2018 revenues of $639 million, an increase of 5%, but net income fell slightly from the year-ago period.
KCS adds NOLA port-Dallas intermodal shuttle
The Port of New Orleans is starting to ramp up intermodal rail service, beginning with a new Texas connection.
BNSF earns Toyota President’s Award
BNSF Railway was the 2017 recipient of the President’s Award for Rail Logistics Excellence by Toyota Logistics Services for the fourth year in a row.
Want airline food? Take Amtrak
Ex-Florida Congressman John Luigi Mica, a foodie who spent a considerable amount of time when he was Chairman of the House Transportation and Infrastructure Committee questioning Amtrak’s food service costs, must be very pleased with Amtrak’s announcement that it’s getting rid of dining cars on two long-distance trains.
CP begins network shutdown after union strike notices
Canadian Pacific has initiated a shutdown of its network after a strike notice from two unions.
CN adding to boxcar fleet
CN announced it would acquire 350 boxcars to meet growing demand among industrial customers across its North American network.
Canadian Pacific net slows on higher expenses
First-quarter profit fell 19.3% at Canadian Pacific Railway on higher expenses across its network.
Norfolk Southern awards safe chem shippers
Norfolk Southern has awarded its 2017 Thoroughbred Chemical Safety Award to 52 chemical customers in recognition of their safe handling of rail-shipped products.
CSX 1Q18 financials: Records broken, but where is volume growth?
CSX on April 17 posted record earnings and an all-time low operating ratio—based almost entirely on cost-cutting measures, headcount reductions, rate increases and stock buybacks, not volume growth.