Filed in Railroad Shipping
Wednesday, February 26, 2014
With a sharp eye on safety in the wake of tragic accidents from crude by rail (CBR) operations, major U.S.-based Class I railroads and United States Transportation Secretary Anthony Foxx recently rolled out what they described as a rail operations safety initiative comprised of new voluntary operating standards for moving crude by rail.
Friday, February 21, 2014
Charles W. “Wick” Moorman told the U.S. Chamber of Commerce second annual infrastructure that he was “optimistic” that new and improved methods of hauling crude on rails will be found that will make the system even safer.
Carloads—at 270,632—dropped 2.9 percent annually, and intermodal was down 5.7 percent at 236,625 containers and trailers.
Posted on 02/21 at 02:17 AM
Railroad Shipping •
Thursday, January 16, 2014
CSX reported fourth quarter earnings of $426 million-or $0.42 per share-which was down 5.2 percent annually, with quarterly operating income of $3.032 billion was up 5 percent annually.
Friday, December 06, 2013
Carloads—at 1,145,353—were up 1.3 percent, and intermodal—at 1,007,549 trailers and containers—was up 7.8 percent.
Friday, November 08, 2013
October carloads—at 1,443,609—were up 1.5 percent—or 21,059 carloads— annually, and intermodal volumes were impressive, rising 6.8 percent (or 84,120 units) to 1,317,601 containers and trailers.
Friday, October 25, 2013
Carload volume—at 289.256—was up 0.2 percent, and intermodal—at 264,687 trailers and containers— was up 4.3 percent.
Wednesday, October 16, 2013
Class I railroad carrier CSX yesterday reported third quarter net earnings of $463 million and $0.46 per share, which was up 1.7 percent annually and beat Wall Street estimates of $0.43 per share.
Friday, October 11, 2013
Carload volume—at 279,128—was down 1.6 percent annually, and intermodall—at 266,580 trailers and containers, which was up 6.2 percent.
Posted on 10/11 at 09:14 AM
Railroad Shipping •
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Thursday, October 10, 2013
Looking at the current state of the United States railroad carload market, the overall take from FTR Associates Senior Consultant Larry Gross is that things have been relatively quiet in terms of year-over-year performance, with signs of improvement going forward.