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!
California Gov. Gavin Newsom says the state plans to lend policing and prosecution support to Union Pacific and other victims of cargo theft.
CSX has been hiring more aggressively not only to meet anticipated market demand but to safeguard against COVID-19-related absences, according to executives on its fourth-quarter 2021 earnings call Thursday.
UP’s capital expenditures plan for 2022 includes investments to intermodal terminals and intermodal ramps, executives said during the company’s fourth-quarter 2021 earnings call Thursday.
From capital investments to competitive access, issues that CSX has brought before the Surface Transportation Board reflect concerns facing the freight rail industry as a whole.
“We founded Parallel to allow railroads to open new markets, increase infrastructure utilization and improve service to accelerate freight decarbonization,” said Matt Soule, co-founder and CEO at Parallel Systems.
Schneider’s intermodal profits in the first nine months of 2020 were double those of a year earlier.
The western U.S. railroad is asking a district court in Dallas to prevent two rail unions from striking over changes to BNSF’s attendance program, saying a strike would result in significant disruptions.
The railroad wants stricter penalties for those caught stealing from trains.
BLET and SMART-TD say the attendance program is overly restrictive and repudiates numerous collective bargaining agreements in place.
The 10th circuit court of appeals ruled that Oklahoma’s blocked crossing mandate violates the Interstate Commerce Commission Termination Act, ending a court battle that lasted over two years.
CN is asking the Surface Transportation Board to require Canadian Pacific to divest KCS’ Springfield Line in Missouri and Illinois to help ensure competition.
Amit Bose becomes the 15th head of the Federal Railroad Administration.
North American freight railroads can pursue sustainability that not only benefits customers but also the railroads’ bottom line, according to panelists at a Transportation Research Board session.
Rio Tinto is the second Australian mining company that will use Wabtec’s FLXdrive battery-electric locomotive in mining operations.
2021 was a banner year for The Port of Virginia, SC Ports and Alabama Port Authority.
FreightWaves chatted with former STB Chairman Dan Elliott on the history of the board’s relationship with reciprocal switching and why the board should still review it today.
The panel on rail consolidations also addressed different approaches to creating competition on monopoly networks.
A federal district court has ruled that two rail unions must work with Chicago commuter rail Metra as it pursues a COVID-19 vaccine mandate.
The terminal in Orange, Texas, serves a diverse range of customers and is located between Beaumont, Texas, and Lake Charles, Louisiana.
The year 2023 and beyond could boost railcar production volumes for Greenbrier as global low-carbon mandates drive freight to rail, say Greenbrier executives.
