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.
Intermodal
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.
Railcar builder Greenbrier reshapes leadership roles
The Greenbrier Companies, with an eye on the future. announced new corporate officer assignments and promotions.
Canadian Pacific net slows on higher expenses
First-quarter profit fell 19.3% at Canadian Pacific Railway on higher expenses across its network.
Vehicle shipments lead new carload report
Intermodal shipments and motor vehicle volumes regained some of their luster among U.S. Class 1 railroads in the latest weekly carload data.
CSX serves new SC inland box hub
CSX has added another South Carolina stop on its intermodal route to inland markets.
Outstanding 2017 BNSF employees honored
Hurricane recovery and Positive Train Control were front and center as BNSF Railway Company recognized its 2017 Employees of the Year.
Union Pacific targets Colorado investment
Union Pacific (UP) will invest $24.2 million into its Colorado network as part of the railroad’s 2018 capital program.
Feds fund Montreal port intermodal rail project
The government of Canada is committing C$18.4 million ($14.6 million) to the Port of Montreal for a rail project aimed at keeping the maritime gateway competitive in a changing global supply chain.
AAR: Trade war would hurt grain rail shipments
The industry group representing Class I railroads wants policy makers to take a broader look at the potential deleterious effects tariffs could have on U.S. grain exports.