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Filed in Railroad Shipping

Friday, December 05, 2014

Carloads—at 1,161,820—were up 1.4 percent, or 16,396 carloads, compared to November 2013, and intermodal volumes were up 2.7 percent––or 27,463 units––at 1,035,054 containers and trailers.
Posted on 12/05 at 01:22 PM
NewsAARRailroad ShippingintermodalPermalink


Thursday, December 04, 2014

Even with the well-documented service issues freight railroads have experienced over the last several months, there is a lot to be excited about when looking at the industry, according to Ed Hamberger, president and CEO of the Association of American Railroads (AAR).
Posted on 12/04 at 02:42 PM
NewsAARRailroad ShippingPermalink


Monday, December 01, 2014

Carloads were down 0.3 percent annually at 295,812, and intermodal units, at 269,373 containers and trailers saw a 0.7 percent annual gain.
Posted on 12/01 at 12:40 PM
NewsAARRailroad ShippingintermodalPermalink


Tuesday, November 25, 2014

NS said that the D&H lines it plans to acquire connect with the NS network at Sunbury, Pa. and Binghamton, N.Y. and give NS single-line routes from Chicago and the southeast U.S. to Albany, N.Y., which is in close proximity to NS’ Mechanicville, N.Y.-based intermodal terminal.
Posted on 11/25 at 10:21 AM
NewsRailroad ShippingNorfolk SouthernCanadian PacificPermalink


Monday, November 24, 2014

BNSF said that its 2015 capital expenditures will be allocated towards various areas of its business, including maintenance and expansion of the railroad to meet the expected demand for freight rail service, with 2015 representing the third straight year BNSF has invested a record annual capital expenditures investment.
Posted on 11/24 at 01:47 PM
NewsRail FreightRailroad ShippingBNSFPermalink


Thursday, October 16, 2014

In light on various service-related freight railroad service issues, the Department of Transportation’s Surface Transportation Board (STB) recently announced it is now requiring Class I railroads to publicly file weekly data reports on service performance. These weekly reports are slated to begin on October 22.
Posted on 10/16 at 01:00 PM
NewsAARRailroad ShippingPermalink


Wednesday, October 15, 2014

CSX reported it had record third quarter earnings of $509 million or $0.51 per share, which was up 10.6 percent annually over $455 million and $0.45 per share and ahead of Wall Street estimates of $0.48 per share.
Posted on 10/15 at 09:08 AM
NewsRailroad ShippingCSXPermalink


Monday, October 13, 2014

The Wall Street Journal reported that this merger, which would have brought together two of North America’s largest rail operators, was rejected by CSX, adding it was not clear if CP would continue to make further efforts.
Posted on 10/13 at 10:44 AM
NewsRailroad ShippingCSXM&ACPPermalink


Tuesday, September 02, 2014

When publicly-traded Class I freight railroad and intermodal service providers issued second quarter earnings results earlier this summer, the topic of less than ideal service on the rails was a common theme within the earnings releases and question and answer sessions with top management at those companies.
Posted on 09/02 at 09:47 AM
NewsRailroad ShippingDriver ShortageintermodalPermalink


Thursday, July 24, 2014

With an eye on making transportation of crude oil by rail (CBR) and ethanol safer following various tragic accidents over the last year, the United States Department of Transportation yesterday released details regarding its rulemaking proposal designed to improve how large quantities of flammable materials by rail can be moved in a safer manner.
Posted on 07/24 at 12:43 PM
NewsRailroad ShippingCrude OilrailroadBakkenPermalink



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