Charting U.S. Rail Freight Through a Troubled First Half

Over the next few days and then amplified by mid-month investor reporting, we will learn more about how U.S. rail freight is trending. Association of American Railroads six-month data is out. In the interim, Susquehanna Financial Group (SFG) data scientists have circulated their freight market view. As well, we’ve added some FreightWaves SONAR intermodal data to the mix.

Why “Data Soup” Provides No Real-Time Nutrition

In my most recent Railway Age article entitled “U.S. Railroads Resurgent With Digitization at Just the Right Time,” I described how the railroads were the driver of U.S. growth, expansion and prosperity. They provided the spine for the economy to flourish.

Watco to Acquire Dow’s Rail Assets for $310MM

Watco Companies LLC announced it will acquire for more than $310 million Dow Inc.’s rail infrastructure assets and equipment at six North American locations.

Kelly to Serve as RFC VP

Railroad Financial Corporation (RFC) recently hired Roger Kelly as a Vice President.

FreightWaves SONAR: Need For Speed Drives Ships To Pacific Ports

The battle for Asian containerized exports rages on between West and East Coast ports. The East had been steadily gaining ground, but COVID-19 is changing the balance in favor of the West, at least in the short term. The most immediate effect of the coronavirus was a shift from air cargo to premium ocean service. Advantage West Coast ports. Former air-cargo shippers with time pressures don’t take the long route to the East Coast.

O’Malley Departing RSI

After just over two years at the helm, Railway Supply Institute (RSI) President Mike O’Malley is leaving the organization at the end of July. O’Malley, who has served as RSI’s leader since early 2018, is “pursuing an opportunity with a corporation outside the Washington, D.C. area,” RSI said in an announcement. O’Malley joined the organization after serving in a government relations capacity with CSX.

2020 MIDYEAR REPORT: NORTH AMERICAN MOMENT

RAILWAY AGE, JULY 2020 ISSUE: In a world turned upside-down, opportunities abound. Will railroads seize the moment?

PSR, The Next Generation, Part 2: Implementing and Scaling PSR 2.0 for 20% to 80% Process Waste Reduction

RAILWAY AGE, JULY 2020 ISSUE: Precision Scheduled Railroading (PSR), as we know it today, is rapidly reaching an inflection point. Escalating trade disruptions, rail strikes, blockades, weather events and the COVID-19 pandemic have highlighted the urgency to make supply chains more resilient. Weaknesses in international supply chains have been exposed, and escalating domestic transportation turmoil demonstrates the need for end-to-end approaches, standards, solutions, and greater service level accountability and safety. PSR has been applied to some Class I’s and has yet to be applied widely to Class II, Class III, tenant and passenger railroads in North America. This gap represents 40% of North American route-miles.

For KCS, PSR Personnel Adjustments

Kansas City Southern on July 1 implemented several organizational changes “designed to further support the company’s ongoing Precision Scheduled Railroading (PSR) strategy and provide development opportunities for several KCS leaders.”

USMCA, In Force, Offers Challenges, Opportunities

As the U.S.-Mexico-Canadian trade agreement (USMCA) officially becomes the governing statute for commerce across North America, Marc Brazeau, President and Chief Executive Officer of the Railway Association of Canada (RAC), Iker de Luisa Plazas, Director General of Asociacion Mexicana de Ferrocarriles (AMF) and Ian Jefferies, President and CEO of the Association of American Railroads (AAR) issued the following statement:

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