Stacks and tracks: Intermodal leads AAR weekly freight data
Growing e-commerce and the run-up to end-of-year retail sales helped intermodal shipments gain in the weekly rail freight report from the Association of American Railroads.
CN
CN adds 60 locos to GE order
CN has added 60 units to its initial 200-unit order of GE Transportation Tier 4 Evolution™ Series locomotives placed in December 2017. All the CN locomotives are being produced at the GE Manufacturing Solutions facility in Fort Worth, Tex.
CN highlights sustainability leadership
Some of the world’s largest retailers, manufacturers, and energy companies were among 40 CN customers and supply chain partners honored for superior sustainability practices.
CN 2Q18 financials: “Swift network recovery”
CN is raising its financial outlook “following swift network recovery and solid top-line growth” in this year’s second quarter, and expects that “continued strong demand and capital investments will build momentum for second half of the year”
Ruest rises to CN President and CEO
CN Executive Vice President and Chief Marketing Officer Jean-Jacques Ruest, a 22-year veteran of the railroad who has been serving as Interim President and Chief Executive Officer since March 5, 2018, has been appointed President and CEO, effective immediately. Ruest has also been appointed to CN’s Board of Directors.
Plans aim to streamline Chicago rail network
Officials in the Windy City want to unwind the nation’s most complicated railroad labyrinth.
Safety training cited in 2016 CN runaway
Authorities in Canada want better safety training for rail employees following a 2016 runaway incident.
CN ramping up capacity
CN is investing C$400 million in new capacity this year, primarily in western Canada and the Edmonton-Chicago corridor. Projects currently in progress include 60 miles of double track, 11 new sidings or siding extensions, and eight yard expansions. All should be completed in November.
Carload traffic moves ahead but trade concerns remain
Freight traffic on U.S. Class I railroads totaled 1,319,420 carloads in May, up 3.2% from the same month a year ago.
GE rolls out first of 200 locomotives for CN
GE Transportation has completed the first of 200 Evolution series diesel-electric locomotives, which it is building at its plant in Fort Worth, Texas, for CN Railway.