Filed in Railroad Shipping
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 •
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.
Friday, October 04, 2013
The AAR reported that September carloads—at 1,159,784—were up 0.7 percent over September 2012, and intermodal containers and trailers were up 4.4 percent annually with 1,027,522 containers and trailers.
Monday, September 30, 2013
The Department of Transportation’s Surface Transportation Board (STB) recently introduced its adoption of final rules establishing disclosure requirements for transactions involving interchange agreements.
Friday, September 20, 2013
Carload volume—at 296,221—was up 1.5 percent annually, and intermodal was up 4.9 percent annually at 296,221 trailers and containers.
Friday, August 16, 2013
Carload and intermodal volumes were mixed for the week ending August 10, according to data released by the Association of American Railroads (AAR).
Monday, August 12, 2013
The four United States-based Class I railroads received good news late last week, when the United States Court of Appeals for the District of Columbia Circuit dismissed a June 2012 decision by a U.S. District judge in the District of Columbia that maintained Burlington Northern Santa Fe, Union Pacific, Norfolk Southern, and CSX worked together—or colluded—on fuel surcharges assessed to shippers.
Monday, August 05, 2013
Following the tragic event on July 6 in Lac-Megantic, Quebec, when a Montreal, Maine & Atlantic Railway train carrying crude oil derailed, resulting in a massive explosion and 47 casualties, Transport Canada, the Canadian equivalent of the United States Department of Transportation, issued an emergency directive designed to increase rail safety.
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Friday, July 26, 2013
Carload volume—at 277,933—was down 3 percent annually, and intermodal was up 2.8 percent annually at 253,424 trailers and containers.