RA Young Professionals: Fast Tracking Your Career

‘Young Professionals’ Virtual Conference Set for May 9

Railway Age’s second-annual Young Professionals conference—the rail industry’s only free event tailored to helping “fast trackers” in the freight, passenger and supply sectors advance their careers—will be held virtually on May 9

Commentary

TD Cowen 1Q24 Rail Shipper Survey Says …

Our survey is comprehensive and covers a broad range of industrial and consumer industries, among others. Chemicals, Transportation, and Manufacturing comprised the largest percentages of participants. Shippers completing this survey had approximately

Supply Side: North American Rail Solutions/Condor, Railroad Software/Arcadea Group

North American Rail Solutions acquires Condor Signals and Communications (Condor) of Ontario, Canada. Also, Cummings, Ga.-based Railroad Software, Inc., is backed by Arcadea Group, a global software investor.

Commentary

TD Cowen 1Q24 Rail Equipment Survey Says …

Our 1Q24 survey results are neutral to mildly positive for railcar demand. The order outlook was mixed, but a lower percent of shippers not ordering cited “no need” in 1Q24 than did

Commentary

TD Cowen 1Q24 Earnings Preview

We adjust our models as we head into Q124 earnings–a slow start to the year due to harsh weather was followed with a rebound and U.S. carloadings turning positive YTD, led by

Quentin Schulte, President, Northern Lines Railway, an Anacostia Rail Holdings subsidiary (left); and Chris Statham, Chief Financial Officer, STV.

People News: NLR, STV

Anacostia Rail Holdings (ARH) elevates Quentin Schulte to President, Northern Lines Railway (NLR). Also, professional services firm STV appoints Chris Statham as Chief Financial Officer.

(CN Photograph)

AAR: North American Rail Volume Up Through Week 14

Through the first 14 weeks of 2024 (ending April 6), total North American carload and intermodal traffic rose 2.2% from the same point last year, the Association of American Railroads (AAR) reported April 10. The U.S. and Mexico experienced gains, while Canada saw a decline.

(Port NOLA Photograph)

Port NOLA, The Kearney Companies Agree on 10-Year Consolidated Lease

The Port of New Orleans (Port NOLA) on April 9 reported a new 10-year lease arrangement with site development firm The Kearney Companies, Inc., which it called a “milestone” in the longstanding relationship

The Union Pacific 2023 J.C. Kenefick Safety Award winner Bayson Oxuzidis with, from left, Chief Executive Officer Jim Vena; Bayson’s wife, Jennifer; and Eric Gehringer, Executive Vice President-Operations. (UP Photograph)
Commentary

Watch: Bayson Oxuzidis Trailblazes Path at UP

Under the harsh gaze of the Sonoran sun, one leader’s approach to safety is as relentless as the desert heat itself. That quiet force is Bayson Oxuzidis, a dedicated Union Pacific (UP)

STB Crunches Three-Benchmark Rate Case Numbers

The Surface Transportation Board in Docket No. EP 689 (Sub No. 15) (download below) has published the  2019-2022 RSAM (Revenue Shortfall Allocation Methodology and R/VC>180 (Revenue-to-Variable Cost Greater than 180%) ratios for

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