Filed in Railroad
Monday, July 09, 2012
A Bloomberg report states that the four U.S.-based Class I railroads have asked the U.S. Court of Appeals to reverse the ruling, explaining that it could lead to a cumulative $10 billion or more in potential damages.
Posted on 07/09 at 09:13 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.
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
Friday, April 27, 2012
Carload volume—at 282,262—was down 3.6 percent annually and ahead of the week ending April 14 at 276,789 and the week ending April 7 at 270,974.
Wednesday, April 18, 2012
Class I railroad carrier CSX last night reported record first quarter earnings of $449 million and $0.43 per share. The earnings per share performance exceeded Wall Street expectations of $0.38 per share and was up 23 percent annually.
Monday, March 26, 2012
Last week, the Department of Transportation’s Surface Transportation Board (STB) held a public hearing to explore the impact of Berkshire Hathaway’s acquisition of the BNSF Railway Company on “certain costing determinations.”
Friday, March 16, 2012
Carload volume-at 278,728-was down 4.8 percent annually, and intermodal-at 226,039 trailers and containers—was up 4.2 percent annually.
Friday, March 02, 2012
Earlier today, Class I railroad carrier Union Pacific reported that Chairman, President and CEO James R. Young is taking a medical leave of absence while being treated for pancreatic cancer.
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Friday, January 20, 2012
Following a sluggish first week of 2012, rail volumes for the week ending January 14 showed solid growth, according to data from the Association of American Railroads (AAR).