BNSF has a new operations chief after Matt Garland lasted just five months as COO.
Union Pacific filed a complaint with federal regulators alleging that BNSF Railway’s cancellation of certain reciprocal switching rates has significantly increased costs for grain shippers.
Industrial improvement led rail freight modestly higher as grain and chemical shipments topped volume gains.
Union Pacific and Norfolk Southern defended their revised merger application, calling it “comprehensive and complete” while rebutting calls for its rejection.
Amazon has opened its logistics network to outside businesses, a move analysts believe could increase intermodal volume while disrupting major industry players.
Union Pacific could walk away from its proposed merger with Norfolk Southern if federal regulators impose onerous conditions for approval.
BNSF Railway saw first-quarter profits strengthen on higher freight volume and more efficient operations.
Canadian National said profits declined even as total freight moving across its network improved.
Wabtec reported a rise in first-quarter earnings, fueled by robust sales growth in both its freight and transit divisions compared to the previous year.
Union Pacific delivered record operating income and revenue despite weaker international intermodal and automotive shipments that hurt overall freight volumes.
Norfolk Southern said first-quarter earnings were slightly lower as winter weather woes and higher fuel prices hurt freight volumes.
First-quarter earnings surged at CSX on higher revenue and lower operating costs.
CSX has significantly reduced operations at its major Chicago-area terminal, and shifted most switching work to other carriers.
More than $2 billion in federal grants that have become a vital component of short line and regional railroad operations are now available.
Shippers want federal regulators to disclose confidential terms under which Union Pacific could walk away from its proposed merger with Norfolk Southern.
A dormant short line rail route in southern South Carolina will see its first train traffic in more than a dozen years.
Norfolk Southern has been formally granted control of a Virginia port railroad by federal regulators.
A Maryland bill requiring two-person train crews could soon be on the desk of Gov. Wes Moore.
A key on-dock rail hub at the busiest U.S. port has effectively doubled the terminal’s capacity.
Union Pacific CEO Jim Vena said his railroad will have capacity to manage growth from the proposed merger with Norfolk Southern, since UP has slashed the number of trains it operates on its system by 24% since 2019.