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Railroad

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!

Trains.com Staff Wednesday, April 2, 2025

APM Terminals buys Panama Canal Railway from CPKC, Lanco Group/Mi-Jack

CALGARY, Alberta — Canadian Pacific Kansas City (NYSE: CP) and the Lanco Group/Mi-Jack have sold the Panama Canal Railway to APM Terminals, a global terminal operator and an independent division of A.P. Moller-Maersk (XCSE: MAERSKa). The 47.6-mile railway provides ocean-to-ocean freight and passenger services along the Panama Canal and has been a 50/50 joint venture […]

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Trains.com Staff Thursday, March 27, 2025

Broad gains as rail carloads stay ahead of 2024

For a fourth straight week, U.S. rail traffic has recorded an increase of more than 5% over the same week a year earlier. Statistics from the Association of American Railroads for the week ending March 22 show total traffic was 496,214 carloads and intermodal units, a 5.5% increase over the same week in 2024. That […]

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Stuart Chirls Wednesday, January 29, 2025

First look: CPKC Q4 earnings improve

Canadian Pacific Kansas City said fourth-quarter revenues increased to $3.9 billion from $3.8 billion a year ago, as diluted earnings per share increased to $1.28 from $1.10 in the same quarter in 2023. The Calgary, Alberta-based company (NASDAQ: CP) said after markets closed that its operating ratio decreased by 210 basis points to 59.7% from […]

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Trains.com Staff Tuesday, January 28, 2025

UPDATED: Trump administration rescinds funding freeze

President Donald Trump’s administration on Wednesday rescinded a freeze on federal grants and other funding that could have had far-reaching effects on the transportation sector, one day after the order was announced amid public uncertainty and criticism, media outlets reported. The reversal also follows a federal judge’s order on Tuesday that temporarily blocked the pause […]

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Trains.com Staff Tuesday, January 28, 2025

CN, IBEW reach tentative agreement, avoid strike

Canadian National and the International Brotherhood of Electrical Workers of Canada have reached a tentative agreement on a new four-year contract, averting a strike that was slated to begin Tuesday. The union represents approximately 750 signals and communications employees across Canada. They have been working without a contract since Dec. 31, 2024. Montreal-based CN (NYSE: […]

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Trains.com Staff Monday, January 27, 2025

CSX, NS tab Begeman, Ryerkerk as new board members

CSX on Monday named former Surface Transportation Board Chair Ann Begeman to its board of directors. Separately, Norfolk Southern (NYSE: NSC) appointed former Celanese Chief Executive Lori J. Ryerkerk to its board, a move made after a search process that was a part of an agreement with activist investor Ancora Holdings. “Ann brings a wealth […]

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Trains.com Staff Sunday, January 26, 2025

CN braces for rail strike

Canadian National Railway is bracing for a work stoppage Tuesday after members of the International Brotherhood of Electrical Workers (IBEW) in Canada issued a 72-hour strike notice. The union represents about 750 signal and communications workers, who are prepared to walk out if a new agreement is not reached by a Jan. 28 deadline.  “CN […]

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Stuart Chirls Thursday, January 23, 2025

First look: CSX profit falls in Q4

CSX Corp. today reported fourth-quarter 2024 operating income of $1.11 billion that fell compared to $1.32 billion in the prior year period.  Revenue totaled $3.54 billion for the quarter, off 4% year over year as declines in fuel surcharge and coal revenue offset higher pricing, merchandise volume and volume growth in intermodal. Net income was […]

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Trains.com Staff Thursday, January 23, 2025

U.S. weekly rail volume shows big jump

U.S. rail traffic showed a massive jump for the week ending Jan. 18, 2025, with both carload and intermodal traffic up more than 25% from the same week a year earlier. Statistics from the Association of American Railroads show overall traffic for the week was 500,160 carloads and intermodal units, a 25.9% increase. That included […]

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Stuart Chirls Thursday, January 23, 2025

First look: Union Pacific profit up 7% in fourth quarter

Union Pacific (NYSE: UNP) on Thursday said fourth-quarter profit increased 7% on improved grain and fertilizer shipments, and core pricing gains. Net income for the Omaha, Nebraska-based company was $1.76 billion, or $2.91 per share, in the fourth quarter, up from $1.65 billion, or $2.71 per share, in 2023.  Intermodal volumes were 6% better on strong […]

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Stuart Chirls Friday, January 17, 2025

Panel: Railroads have lots of questions, some skepticism about zero emissions

WASHINGTON — While global transportation transitions to a cleaner future fueled by alternative power sources, North American railroads have fewer good options outside of diesel fuel. “We love diesel; we like to take showers in diesel,” joked Michael Nicoletti, a partner at Innovative Rail Technologies (IRT), at “Toward Zero Emissions in Rail: Lessons Learned,” a […]

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Trains.com Staff Thursday, January 16, 2025

California gives up on zero-emissions locomotive regulation

The California Air Resources Board (CARB) has scrapped its controversial rule that would have required the use of zero-emissions locomotives in the state beginning in 2030. The board informed the Environmental Protection Agency this week that it was withdrawing its requests to enforce zero-emissions rules covering trucks and locomotives. The move comes a week before […]

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