Jim Blaze
Tuesday, September 15, 2020
Commentary: Railway insight from New England
Changes with significant impact on rail customers are taking place across New England.
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!
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Joanna Marsh
Monday, September 14, 2020
BNSF names new CEO
Kathryn M. Farmer will assume the role of president and CEO in January, taking the reins from current President and CEO Carl R. Ice. Ice is retiring but will remain on BNSF’s board of directors.
Joanna Marsh
Monday, September 14, 2020
US Class I railroads prepare for Hurricane Sally
The hurricane is expected to make landfall in the New Orleans area sometime Tuesday.
Joanna Marsh
Saturday, September 12, 2020
BNSF, Union Pacific help prevent spread of wildfires
The wildfires in Washington state aren’t a major threat to BNSF’s Washington operations, but the railroad deployed trains to help area first responders. Union Pacific grappled with wildfires near a Northern California subdivision last week.
Chris Gillis
Friday, September 11, 2020
Cedar Rapids logistics park on horizon
Iowa transportation company Travero plans to open a multimodal cross-dock operation by next September.
Joanna Marsh
Friday, September 11, 2020
FreightCar America closing Alabama facility, consolidating operations to Mexico
“Depressed railcar demand” and the need to cut costs factored into the manufacturer’s decision.
Joanna Marsh
Friday, September 11, 2020
Colorado rail park gets final OK
A Colorado county has paved the way for the construction of a 620-acre rail-served industrial park in the greater Denver area.
Chris Gillis
Friday, September 11, 2020
ATS has wind energy at its back
More than 20 years of investment and dedication to the U.S. wind energy industry pays off for Anderson Trucking Service even during the worst of times.
Joanna Marsh
Wednesday, September 9, 2020
US weekly intermodal volumes push higher
U.S. intermodal traffic continues upward trend; separately, Kansas City Southern reportedly rejects takeover bid.
Kim Link Wills
Wednesday, September 9, 2020
Port of LA gives The Signal to cargo stakeholders
Information sharing is part of Executive Director Gene Seroka’s quest for more efficient operations.
Joanna Marsh
Wednesday, September 9, 2020
Union Pacific confirms layoffs
The railroad didn’t say where the layoffs occurred, but they affect union and management employees across the 23-state network.
Noi Mahoney
Tuesday, September 8, 2020
New USMCA trade deal could increase demand for nearshoring in Mexico
CBP’s Virtual Trade Week symposium kicked off Tuesday with a panel on the advantages of United States-Mexico-Canada Agreement.
Joanna Marsh
Monday, September 7, 2020
Class I railroads, shippers alike weigh in on federal agencies’ feedback request
The Class I railroads update agencies on service issues; shippers use the opportunity to ask for data collection on first-mile and last-mile movements.
Joanna Marsh
Friday, September 4, 2020
Surface Transportation Board adopts rule to improve data collected from freight railroads
The Board is modifying what data it collects from the waybill samples of the U.S. freight railroads.
FreightWaves Staff
Friday, September 4, 2020
Focus on FreightCareers over Labor Day weekend
Whether you’re an employer looking to fill freight-related positions or a job-seeker, Freight.Careers.com is the go-to website.
John Kingston
Friday, September 4, 2020
Employment follow: A strong month for the logistics sector
Trucking jobs are up, but warehouse jobs are up even more
Joanna Marsh
Thursday, September 3, 2020
August intermodal loadings best in US since late 2018
The year-over-year growth comes amid reports of congestion at some West Coast ports.
Joanna Marsh
Thursday, September 3, 2020
Stakeholders mixed on new rail inspection technology rule
Railroads and union disagree over Federal Railroad Administration final rule enabling use of continuous rail inspection technology.
Todd Maiden
Wednesday, September 2, 2020
Investment firms reportedly make new bid for Kansas City Southern
The Wall Street Journal is reporting that U.S. Class I railroad Kansas City Southern is in play again. Blackstone and Global Infrastructure Partners are reported to have made an offer.
Jim Blaze
Wednesday, September 2, 2020
Commentary: Intermodal missed signals? Fumbling so close to the growth goal line?
Intermodal was supposed to be the growth engine for rail.