Railroad

April employment levels at the U.S. operations of the Class I railroads were up 0.42% from March but down 7% year-over-year.

FreightWaves chats with chief sustainability officers about their experience and how they drive sustainable change at each company.

This AskWaves article explains what Class I, Class II and Class III railroads are and why they exist.

News briefs outline U.S. rail volumes, expanded service offerings by TNW Corporation and The Andersons, OmniTRAX rail-ready sites in northeast Ohio and milestones at the Transportation Technology Center complex in Pueblo, Colorado.

Kansas City Southern has opted for CN’s merger offer. It is terminating an existing merger agreement it has with Canadian Pacific.

Four rail labor groups have banded together to warn regulators about potential post-merger efforts to trim labor costs, while investment banking firm Cowen says regulators’ denial of CN’s voting trust signals that CN will have to make a strong case for its proposed merger.

Canadian Pacific wants Kansas City Southern to reject CN’s competing merger offer. The railway also said it won’t engage in a bidding war.

Improving market conditions should support BNSF’s financials in 2021, said S&P on why it modified its ratings for the privately held railroad.

Rising rail traffic and lower numbers of railcars in storage should benefit FreightCar America, as should anticipated market demand to replace an aging railcar fleet, executives said during Monday’s first-quarter earnings call.

The technology upgrades at 12 points of entry along the borders of Canada and Mexico will enable U.S. Customs and Border Protection to inspect rail cargo more quickly and securely, according to CBP.

The attorney who led the legal effort said U.S. chassis producers are ramping up because of the import fees.

Following the Surface Transportation Board’s decision on Monday regarding CN’s proposed merger with Kansas City Southern, both CN and Canadian Pacific remained confident that each is the better suitor for KCS.

Executives with wireless network provider Ondas Networks describe how private telecommunications networks benefit the Class I railroads as well as other transportation modes.

Wabtec’s battery-electric locomotive can reduce a train’s fuel consumption by 11%, a three-month study involving the company, BNSF and the San Joaquin Pollution Control District found.

Democratic leaders with the House Committee on Transportation and Infrastructure want the General Accountability Office to examine the effects that precision scheduled railroading has had on freight and passenger rail operations, rail safety and the labor workforce.

The Surface Transportation Board has decided that it would review a proposed merger between CN and Kansas City Southern under newer, stricter merger rules. The board also denied for now CN’s request to form a voting trust, saying CN’s application is incomplete.

Union Pacific is investigating why a train hauling 28 cars derailed in Minnesota as emergency responders contend with a hydrochloric acid leak.

U.S. rail traffic slipped last week from the prior week, although they’re still up by double-digit percentage points year-over-year, according to data from the Association of American Railroads.

FreightWaves looks at five themes that ran throughout the earnings discussions of the Class I railroads.

CN revised its bid to acquire KCS; CP said it will not seek to counterbid.