Filed in Rail Freight
Thursday, May 19, 2011
The National Gateway is a roughly $850 million public-private partnership (PPP) infrastructure initiative designed to provide a highly efficient freight transportation link between the Mid-Atlantic ports and the Midwest. It was first unveiled by CSX in May 2008.
Tuesday, May 17, 2011
Earlier this week, the United States Supreme Court upheld a ruling in which it ordered $345 million in reparations and reductions from Class I railroad Burlington Northern Santa Fe (BNSF) to two shippers, Western Fuels Association Inc. and Basin Electric Cooperative Inc.
Friday, May 13, 2011
Carload volume was down 0.1 percent in the East and down 4.2 percent out West. Carloads on a year-to-date basis are at 5,233,086 for a 3.4 percent annual gain.
Monday, May 09, 2011
As has been the case in recent weeks, rail carload and intermodal volumes were somewhat mixed in April, according to data from the Association of American Railroads (AAR). April rail carloads—at 1,117277—were down 0.2 percent compared to April 2010 and up 2.5 percent compared to March 2011 on a seasonally-adjusted basis
Friday, May 06, 2011
Carload volume—at 295,347—was flat on an annual basis, and intermodal volumes for the week ending April 30 at 229,677 trailers and containers were up 7.8 percent year-over-year.
Monday, April 25, 2011
When a Wall Street Journal article reported that rail shipping woes were impacting auto deliveries, industry experts told LM the situation is not as dire as it seems.
Friday, April 22, 2011
Carload volume—at 295,426—was down 0.3 percent compared to last year, and intermodal was up 9.8 percent at 230,460 trailers and containers.
Tuesday, April 12, 2011
March rail carloads—at 1,493,553—were up 3.4 percent compared to March 2010 and up 11.2 percent compared to March 2009, said the AAR. The weekly carload average in March checked in at 298,711.
Friday, April 08, 2011
For the week ending April 2, the AAR reported that carload volume hit its highest level since the end of 2008 at 305,905 carloads for a 5.7 percent annual increase. This outpaced the weeks ending March 26, March 19, and March 12, which hit 200,903, 292,164, and 303,953, respectively.
View all categories and topics
Thursday, April 07, 2011
Company officials said this effort is possible due to legislation recently passed by the New Mexico state legislature and signed into law by Governor Susan Martinez, which grants Union Pacific a locomotive fuel tax deduction, coupled with a $400 million investment by UPRR.