Railroads continue to play a significant role in North America’s economic infrastructure. According to the U.S. Department of Transportation Federal Railroad Administration, the U.S. rail freight network covers almost 140,000 route miles and is generally considered the largest, safest, and most cost-efficient freight system in the world. In addition, says the FRA, the almost $80 billion rail freight industry creates more than 167,000 jobs across the country.
In essence, rail freight companies charge businesses to carry cargo across their network of rails. Their rates are overseen by the Surface Transportation Board, a federal agency that regulates financial aspects of surface transportation. Major railroads in North America include Union Pacific Railroad, BNSF Railway, CSX, Norfolk Southern, Canadian Pacific Kansas City and Canadian National Railway.
Keep up with the latest news, trends and reports concerning rail freight transport here!
GE Appliances has signed on to the new Union Pacific-Norfolk Southern domestic intermodal route serving key markets via west and southwest ports.
Union Pacific has made a donation to help fund President Trump’s White House ballroom, ostensibly to help win regulatory approval of its $85 billion merger with Norfolk Southern.
The Surface Transportation Board has added another executive to its industry advisory council.
Rail carloads were evenly split among winners and losers as intermodal traffic led rail freight lower in the latest week.
Norfolk Southern’s Q3 revenue fell despite efficiency, service and safety gains, as well as increased competition from BNSF and CSX.
Norfolk Southern Corp. said third quarter income fell on revenue that was slightly higher than the 2024 period.
Union Pacific’s Q3 profits rose on improved pricing, record workforce productivity and fuel consumption.
Union Pacific third quarter profit beat estimates despite costs related to its proposed merger with Norfolk Southern.
Wabtec reported stronger third quarter earnings with revenue and profit growth across freight and transit segments.
Cleveland-Cliffs will close its idle Steelton, Pa., facility permanently, leaving just two U.S. producers of steel rail for track.
Canadian National named Patrick Whitehead COO and Janet Drysdale CCO, ending a split operations model; former co-leader Derek Taylor departed.
The American Chemistry Council has serious concerns about the impact to its members’ business.
CSX third quarter were dragged down by declining coal shipments that outweighed higher intermodal traffic.
CSX reported third quarter adjusted net earnings of $818 million, or $0.44 per share, beating forecasts of $0.42 for the eastern railroad operator.
Union Pacific and Norfolk Southern have set a date for shareholders to vote on their historic $85 billion merger proposal.
Rail freight trended lower in the latest weekly data from the Association of American Railroads.
While lower imports ease traffic at intermodal terminals, the ITS Logistics US Port/Rail Ramp Freight Index cautions the silver linings hide gathering clouds.
Canadian National Railway (CN) and Congebec have announced a new partnership to expand cold chain logistics across North America, unveiling plans to build a state-of-the-art temperature-controlled facility within CN’s Calgary Logistics Park. The project aims to bridge a long-standing gap between rail and cold storage, creating a more efficient and sustainable network for temperature-sensitive goods. […]
Intermodal traffic and carload freight were higher for a second consecutive week, according to the Association of American Railroads.
The owner of a popular online sneaker resale business was arrested for allegedly buying $500,000 worth of merchandise stolen from a cargo train.
