Total U.S. rail traffic of 534,607 carloads and intermodal units for the week ending Nov. 21, 2020, kept pace with the same week last year, rising 2.5%, based on a double-digit intermodal gain, according to a Nov. 25 report from the Association of American Railroads (AAR). Total carloads were down 7.2% to 233,478, compared with the same week in 2019, while U.S. weekly intermodal volume was up 11.5% to 301,129 containers and trailers, compared with 2019.
We hosted rail industry experts in our third Suds with Seidl event. The overall mood was optimistic. The outlook for 2021 was strong, with one participant noting he was surprised to hear just how bullish his customers were this past week. Class I’s may be missing business opportunities, but there is still hope for greater communication via technology initiatives. We remain positive on the rail group.
Beaufort, S.C.-based OptiFuel Systems is offering a new line of 1,200- to 2,400-hp, 100% natural gas-fueled freight locomotives.
Chicago-based Amsted Rail has appointed Michael Carter President, succeeding John Wories.
John W. “Jack” Barriger IV, eldest son of legendary railroad executive and promoter John Barriger III, died Nov. 20, at his home in Kenilworth, Ill. He was 93.
Norfolk Southern (NS) named John Hatfield Vice President Corporate Communications and promoted Kathleen Smith to Vice President Business Development and Real Estate, succeeding Robert Martínez, who retires Dec. 1.
CN announced it is the first North American railroad to formally support the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), joining more than 1,500 organizations worldwide.
For the 10th consecutive year, CSX has been named to the Dow Jones Sustainability Index (DJSI) North America.
As freight transportation providers build up traffic volumes from pandemic-related lows, there remains a strong focus on supply chain visibility among ship operators, railroads and truckers. Additionally, shippers and beneficial cargo owners want better tools to see and track shipments from release to delivery, in the same way consumers track Amazon or UPS shipments. As consumers become more accustomed to better tracking and service standards, these capabilities are needed now at every stage of the transportation and handling process.
Legislation has been introduced in the U.S. Senate to authorize the Federal Railroad Administration’s (FRA) blocked grade crossing reporter website as a three-year pilot project.