Norfolk Southern and New York State on May 24 dedicated the new Genesee Arch Bridge on NS’s Southern Tier Line (ex-Conrail, ex-Erie), which spans the 235-foot-deep Genesee River Gorge, known as the “Grand Canyon of the East.”
Railroads continue to benefit from a multiplicity of issues throttling the trucking industry, as tight capacity and higher rates push more traffic to the rails.
The price of improving rail access to U.S. ports is steep, but the price of not improving access may be even costlier.
Western Canada is the latest location for development of an inland terminal as a strategic move to improve the supply chain to and from coastal facilities.
Sand, coal and chemicals topped rail shipments for the week of May 12, while intermodal traffic outdistanced carloads again.
Association of American Railroads President and Chief Executive Officer Edward R. Hamberger today (May 16) announced that he will be retiring in early 2019, following a transition period.
Norfolk Southern in 2017 recorded record earnings and operating ratio, part of a “good story” that has carried over into 2018.
As the economy goes, so go the railroads, and the latest weekly data show an improving picture for carload commodities.
The improving economy helped higher freight volumes boost first-quarter revenue at BNSF Railway, which also saw profits soar.
The Mississippi Department of Environmental Quality (MDEQ) has been awarded a $574,000 grant to fund planning, surveying and permitting for a 4,300-foot rail connection serving the Port of Pascagoula in Jackson County.