Railroad

Lawmakers heard how costly fees and equipment shortages along the supply chain are hurting exports.

Amtrak wants to cut long distance trains for those that travel between heavily populated city pairs. But that plan doesn’t track with what Congress and the freight railroads want.

UPS has sued a pot delivery company in California saying the company is infringing on hits trademarks; also FreightWaves announces a War on Detention, Connecticut wants to add tolls, and Ford leaves South America.

Class 1 railroad plans ongoing projects at intermodal facility which is near major shippers and new warehouse space.

Congress is handing out $93 million in federal grants for improvements at the nation’s top 15 container ports.

Positive Train Control isn’t just about safety anymore as the railroads revisit how the technology can generate capacity and save money.

Rails may need to raise rates to comply with new rules from Washington.

Rise in expansion and efficiency projects comes after strong year of growth in company’s intermodal business.

Never-ending peak season may finally be peaking as shippers rush in goods; shipowners tallying up the cost of scrubbers.

NS invokes precision scheduled railroading as its seeks to match peer performance and lower its operating ratio.

Australian Stock Exchange listed bulk rail freight operator Aurizon reported decreases in top-line revenue, earnings before interest, tax and depreciation, and a big decline in net profit after tax on February 11, 2019.

Railroads – like trucking – will be focusing on solving the Highway Trust Fund problem this year. But could a Green New Deal become a competitive selling point?

Genesee & Wyoming, Inc. (NYSE: GWR) beat fourth quarter revenue consensus estimates by $4.89 million. Revenue was expected to decrease by 0.2 percent year-over-year (Y/Y), but it increased 0.7 percent Y/Y from $571.6 million to $575.6 million, according to Seeking Alpha. GWR also beat fourth quarter consensus earnings per share (EPS) estimates of $0.89 by $0.11 to $1.00.

Rail operator Aurizon has completed the sale of its Queensland Intermodal Business to privately owned Australian logistics company Linfox. The Queensland Intermodal Business delivers general cargo for more than 300 customers across the state and includes a wide variety of freight including groceries, white goods and general goods.  

The European Competition Commissioner rejected the proposed merger of Alstom and Siemens’ rail businesses on the grounds that it would damage the market. But the German Government wants to change European competition law in a bid to create companies that are European champions.

The railroads have delayed installing life-saving automatic braking technology for another two years, and the NTSB is running out of patience.

Not a gangbusters quarter for Saia or Schneider. But the numbers were strong for both and Merrill Lynch thinks the Schneider stock is undervalued.

The Grain Transport Report, a weekly publication by the Agricultural Marketing Service (a division of the U.S. Department of Agriculture) released information showing that total export inspections for grain (corn, wheat and soybeans) declined 22 percent from the previous week.

Small, yet powerful satellites can now be deployed for just a fraction of the cost of more traditional satellites, potentially changing the way logistics companies access location and other data for assets.

Upheaval caused by the U.S.-China trade war has some freight interests uneasy about giving Trump more tariff power.