Railroads in the United States originated 1,028,141 carloads in February, down 0.3% from the same month in 2017, the Association of American Railroads said.
Railroad intermodal growth rates appear to have plateaued, and the ELD (Electronic Logging Device) mandate has changed some dynamics in the motor carrier market. Does this mean most low-hanging fruit has already been converted to rail, or can the railroads take advantage of the ELD disruption and capture additional market share?
Union Pacific’s top executive described as “troubling in a number of ways” President Trump’s plan to levy steep tariffs on imported steel and aluminum.
Shipments of containers and trailers posted healthy gains while commodity carloads were weaker from a year ago.
Canadian Pacific Railway has launched CP TempPro™, for perishable products, expanding the company’s business with perishable protective service (PPS) customers.
Short line operator Genesee & Wyoming said North America operating revenues in the fourth quarter decreased 0.6% to $320.2 million from $322.2 million for the year-ago period, as freight-related revenues declined $11.5 million, partially offset by an increase of $9.3 million in freight revenues.
BNSF Railway plans to spend $160 million in Washington state during 2018. The state capital plan is part of its larger $3.3 billion 2018 capital plan.