Filed in Railroad Shipping
Thursday, February 10, 2011
Legislation recently introduced by Senator Kay Bailey Hutchison (R-Texas) vows to reform the Positive Train Control (PTC) regulatory mandate to reduce compliance costs and maintain a safe rail system.
Rail volumes in January were up compared to the same period in 2010, according to data released by the Association of American Railroads (AAR).
Friday, February 04, 2011
Railroad traffic for the week ending January 22 was up again on an annual basis, according to data released by the Association of American Railroads (AAR).
Wednesday, February 02, 2011
Legislation calling to increase competition in the railroad industry was recently introduced by Senators Jay Rockefeller (D-WV) and Kay Bailey Hutchison (R-TX).
Friday, January 28, 2011
Carload volume at 282,837 was up 1.5 percent compared to the corresponding week last year. This is nearly identical with the week ending January 15, which hit 282,987 carloads.
In what ostensibly has become an annual piece of legislation, a bill designed to remove antitrust exemptions currently granted to the railroad industry was introduced this week.
Tuesday, January 25, 2011
Following through on excellent momentum through the first three quarters of 2010, it was hardly surprising that CSX announced record fourth quarter and full-year 2010 earnings this week.
Thursday, January 20, 2011
In the latest example of how strong the freight railroad business is, Class I carrier Union Pacific announced today that fourth quarter and full-year earnings were up 44 percent at $1.56 per share and 48 percent at $5.53 per share, respectively, year-over-year.
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Tuesday, August 03, 2010
Canadian National Railway and TSI Terminal Systems recently announced they have taken the next step and signed a Service Level Agreement, following a Memorandum of Understanding inked in June in an effort to draw greater volumes and enhanced service levels for shippers at Port Metro Vancouver.