Filed in Railroad Shipping
Monday, March 26, 2012
Last week, the Department of Transportation’s Surface Transportation Board (STB) held a public hearing to explore the impact of Berkshire Hathaway’s acquisition of the BNSF Railway Company on “certain costing determinations.”
Friday, March 23, 2012
Carload volume—at 278,420—was down 5.3 percent annually and slightly below the week ending March 10 at 278,728 and also below the week ending March 3 at 283,312.
Wednesday, March 14, 2012
Class I railroad carrier CN said this week it has introduced new import/export container train services between the Port of Prince Rupert, British Columbia and Calgary and Edmonton, effective June 2012.
Friday, March 02, 2012
Carload volume—at 281,644—was down 5 percent annually and slightly behind the week ending February 18 at 281,989.
Monday, February 06, 2012
January carloads—at 1,144,800—were up 0.1 percent annually. Intermodal—at 877,637 trailers and containers—was up 1.7 percent compared to January 2011.
Monday, January 09, 2012
Railroad and intermodal volumes continued to move in the right direction in 2011, according to data released by the Association of American Railroads (AAR).
Friday, December 16, 2011
Carload volume—at 297,400—was up 3.7 percent annually.
Monday, December 05, 2011
In a recent filing with the Department of Transportation’s Surface Transportation Board (STB), a group comprised of several rail shippers voiced their opinions as to why allowing BNSF Railway to take a write-up of roughly $8 billion based on the acquisition premium paid by Berkshire Hathaway in its February 2010 $34.5 billion acquisition of BNSF is “objectionable for many reasons.”
Friday, December 02, 2011
While the prospects of a national railroad strike were fairly high earlier in the week, the situation appears to be far less dire, with tentative agreements in place between major freight railroads and two of the three railroad labor unions that the railroads had yet to reach an agreement.
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Rail traffic continues to positively trend upward, with gains on both the carload and intermodal side for the week ending November 26 according to data released by the Association of American Railroads (AAR).