WASHINGTON – Technology class was in session for Congress Monday, courtesy of Class I railroads.
The Association of American Railroads is offering an up-close view of technology as seen through a railroad lens.
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.
Freight traffic among U.S. railroads in April was 3.3% higher than the same month a year ago, according to the Association of American Railroads.
It’s not just investment bankers and Wall Street traders who are getting big bonuses. Add newly-hired railroad workers to the list.
BNSF Railway was the 2017 recipient of the President’s Award for Rail Logistics Excellence by Toyota Logistics Services for the fourth year in a row.
Intermodal shipments and motor vehicle volumes regained some of their luster among U.S. Class 1 railroads in the latest weekly carload data.
Hurricane recovery and Positive Train Control were front and center as BNSF Railway Company recognized its 2017 Employees of the Year.
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.