Filed in Rail Freight
Friday, June 29, 2012
In a widely anticipated move, Class I railroad carrier Canadian Pacific Railway formally named Hunter Harrison as its president and chief executive office and a member of its Board of Directors.
Carload volume—at 288,730—was up 1.4 percent annually, and intermodal volume—at 246,128 trailer and containers—were up 4.8 percent.
Tuesday, June 26, 2012
Late last week, a U.S. District judge in the District of Columbia granted class action certification to shipper plaintiffs in a lawsuit which maintains that four United States-based Class I railroads—Burlington Northern Santa Fe, Union Pacific, Norfolk Southern Corp., and CSX—worked together , or colluded, on fuel surcharges assessed to shippers.
Friday, June 22, 2012
Carload volume—at 287,036—was down 2.5 percent annually, and intermodal was up 5.2 percent at 249,975 trailers and containers.
Posted on 06/22 at 09:32 AM
Rail Freight •
Friday, June 15, 2012
Carload volume was down 1.7 percent compared to the same week last year and intermodal volumes were up 3.8 percent.
Friday, June 08, 2012
The Association of American Railroads (AAR) reported that carload and intermodal volumes were mixed in May, continuing an uneven trend of growth on the tracks.
Monday, June 04, 2012
A railroad expert provides guidance on things rail shippers should be in the know on.
Friday, June 01, 2012
Carload volume at 291,381 was up 1.3 percent compared to the same week last year, and intermodal at 244,726 trailers and containers was up 4.3 percent annually
Thursday, May 24, 2012
Carload volume—at 280,565—was down 5 percent annually. Intermodal volumes—at 241,664 trailers and containers—were up 3.1 percent .
Posted on 05/24 at 12:04 PM
Rail Freight •
View all categories and topics
Thursday, May 17, 2012
Class I railroad carrier Canadian Pacific Railway Ltd. said ahead of its annual shareholder meeting earlier today that Fred Green, president and CEO, has left the company. This move comes in the wake of a proxy vote by activist investor Bill Ackman, head of Pershing Square Capital Management, and the single largest CP shareholder with a 14.1 percent stake in the company.