Wabtec, Progress Rail settle anti-trust lawsuit
Wabtec and Progress Rail settle a lawsuit alleging anti-competitive behavior in the rail locomotive market.
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!
Wabtec and Progress Rail settle a lawsuit alleging anti-competitive behavior in the rail locomotive market.
New Berkshire Hathaway CEO Greg Abel said that BNSF Railway must reduce its operating-ratio gap with other Class I railroads.
Freight on U.S. railroads posted robust weekly gains led by higher energy and metals shipments.
An Arkansas port plans to expand rail capacity as part of its multi-million dollar flood rebuilding project.
Jill Medeiros is the new Chief Administrative Officer for the railroad industry’s Short Line Safety Institute.
CSX Chief Executive Steve Angel says it should be no surprise that railroads are struggling to grow their freight volumes. “When you look around the world, there really isn’t much growth,” Angel told an investor conference in his first detailed public remarks outside of earnings calls since becoming CEO in September. China is no longer […]
BNSF Railway reached a five-year agreement with union employees at four intermodal terminals.
Cando Rail & Terminals is acquiring Savage Rail to create a far-reaching North American market in first and last mile rail operating services and terminal infrastructure.
Rival railroad CEO says the STB’s rejection of the initial UP-NS merger application shows the $85 billion deal is not a certainty.
A better than 1300% increase in grain shipments led a winning week for freight moving by rail in the U.S.
Norfolk Southern and CMA CGM are offering a new door-to-door intermodal service incorporating rail’s reach with truckload simplicity.
Union Pacific delayed its revised merger application with Norfolk Southern after regulators clarified data formatting requirements, its CEO said.
Union Pacific and Norfolk Southern set a new date to file their revised merger application with regulators.
Rail freight demand hinges on sustained manufacturing, trade policy, and labor market developments, according to AAR.
A coalition of GOP Attorney Generals have asked the Department of Justice to review the proposed Union Pacific-Norfolk Southern merger.
The freight market has been sending mixed signals for months, but one trend stands out clearly as we move deeper into 2026: trucking spot rates have staged a meaningful recovery, while intermodal rates remain stubbornly anchored near cycle lows. Look at the data. Truckload spot rates (inclusive of fuel) are holding elevated around $2.80 per […]
Rail freight data showed a waiting game by U.S. shippers as commodity and intermodal volumes declined.
Union Pacific has again asked federal regulators to investigate Canadian Pacific Kansas City over its handling of intermodal trains on a key southern route.
CSX signed a $670 million deal with Wabtec to upgrade its locomotive fleet, the latest railroad to do so.
Dozens of Senators and Representatives have urged a careful review by federal regulators of the proposed merger of Union Pacific and Norfolk Southern.