Union Pacific (UP) recently announced in a notice to customers that it is updating its current intermodal reservation system—with a projected release next month—to “improve ease of use while also improving reservation utilization through technology and better processes” as the railroad continues its transition to PSR (Precision Scheduled Railroading).
Two 2Q19 surveys of rail shippers on pricing/service quality and equipment needs conducted by Cowen and Company analysts Jason Seidl (Managing Director and Railway Age Wall Street Contributing Editor), Matt Elkott and Adam Kramer indicate that, compared to 1Q19, Class I railroad customers are anticipating somewhat lower rate increases, and little change in demand for new railcars.
Though still very early, it appears that July is no salvation for rail freight traffic’s June swoon.
Manufacturing, housing and trade tensions are the main culprits for rail traffic’s fifth straight month of decline, according to Association of American Railroads (AAR) Senior Vice President Policy and Economics John T. Gray.
Birmingham Rail & Locomotive Co. (BR&L) recently named Jimmy May Director of Operations for its Locomotive Division.
No news is good news—or so it seems when the Association of American Railroads (AAR) sends out its weekly report on U.S. rail traffic.
In an unfortunate sign of the times, U.S. weekly rail traffic has continued its slide, according to figures released by the Association of American Railroads (AAR).
Canadian Pacific (CP) recently announced that it took home the Best Logistics Service Provider – Rail award at the Asian Freight Logistics and Supply Chain Awards (AFLAS) in Hong Kong.
A revolutionary track design to stage and process more trains more efficiently through loading and unloading terminals was recognized at The American Council of Engineering Companies (ACEC) Engineering Excellence Awards Gala in Washington, D.C., on May 7, 2019. ACEC’s Grand Award was given to Omaha-based HDR, Inc., for its patent-pending Infinity Loop.
On the heels of a dreary May, things are not looking up for rail traffic in June, according to figures released by the Association of American Railroads (AAR).