Railroad Shipping

By Jeff Berman · May 9, 2013
Following a March decision by the Los Angeles Board of Harbor Commissions to recommend approval of Class I railroad carrier BNSF Railway’s Southern California International Gateway (SCIG) project, BNSF received more good news yesterday, when the Los Angeles City Council voted to approve the $500 million project.
By Jeff Berman · May 1, 2013
BNSF CEO Matt Rose discusses myriad facets of supply chain in a wide-ranging keynote at last week's NASSTRAC Annual Conference.
By LM Staff · April 26, 2013
Carload volume—at 276,662—was down 2 percent annually, and intermodal—at 240,698 trailers and containers—was up 0.6 percent.
By Jeff Berman · April 2, 2013
A few weeks shy of their respective first quarter earnings announcements East Coast-based Class I railroads Norfolk Southern and CSX are feeling pretty good about their businesses.
By Jeff Berman · March 26, 2013
Legislation geared to remove the industry’s exemptions from antitrust laws is rolled out by a bipartisan Senate due, and the arguments for an and against removing the railroads industry’s exemptions from antitrust laws remain the same.
By LM Staff · March 15, 2013
Carload volume—at 276,698—was down 0.9 percent, and intermodal—at 235,174 containers and trailers—was up 4 percent annually.
By Jeff Berman · December 17, 2012
Heads of NITL and AAR discuss differences over railroad switching at RailTrends conference.
By LM Staff · November 16, 2012
Carload volume—at 283,414—was down 5.4 percent annually, and intermodal at 249,531 trailers and containers—were up 1.9 percent.
By Jeff Berman · November 5, 2012
The Department of Transportation’s Surface Transportation Board (STB) last week announced it is requesting the disclosure of additional information in regards to a new rule regarding interchange commitments underlying a lease or rail-line sale filed with the STB, also known as paper barriers.
By Jeff Berman · October 17, 2012
Leading off third quarter earnings results for Class I railroads, CSX last night reported net earnings of $455 million, which was down 2 percent annually and $0.44 per share, which fell short of Wall Street estimates of $0.47 and ahead of last year’s $0.43.
By LM Staff · October 5, 2012
September carloads—at 1,152,174—were down 3.7 percent—or 43,746 carloads— annually. Intermodal—at 973,715 trailers and containers—was up 2.5 percent—or 24,126 trailers and containers—compared to September 2011.
By LM Staff · September 21, 2012
Carload volume—at 291,350—was down 2.9 percent annually, and intermodal—at 251,720 trailers and containers—were up 3.9 percent.
By Jeff Berman · September 20, 2012
NS said it expects earnings to be in the $1.18-$1.25 range per diluted share.
By Jeff Berman · September 11, 2012
STB officials wrote in a decision to the two railroads, whom were seeking STB approval for the discussion, that it determined it was a “minor transaction” as defined by its regulations.
By LM Staff · August 31, 2012
Carload volume—at 297,042—was down 0.8 percent annually, and intermodal volumes—at 248,364 trailer and containers were up 5.2 percent annually.

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