Railroad

Multimillion-dollar backlog will help the rail equipment and locomotive manufacturer stay afloat, executives said.

U.S. Federal Maritime Commission asks lawmakers to consider “financial bridge” to help container terminals make their lease payments.

The COVID-19 pandemic dented volume growth in the first quarter for the privately owned railroad.

Like all industries, the coronavirus has impacted railroads. What should they be doing to gain market share and better serve their customers?

The agencies’ report, which uses findings from Sandia National Laboratories, says a crude oil’s vapor pressure shouldn’t factor into deciding whether certain types of crude oil can be transported via rail.

The board hopes the decisions will clarify the controversial practice for stakeholders.

The drop in North American rail traffic could push railcar leasing rates lower.

The effects of the COVID-19 pandemic, as well as the structural decline in U.S. coal consumption, are pulling rail volumes downward.

The cuts to train starts are part of the railroad’s wider objective to implement precision scheduled railroading.

Like other railroads, Norfolk Southern is feeling the effect of lower rail volumes because of the coronavirus pandemic.

The effect that the coronavirus pandemic is having on rail volumes could get worse in the coming weeks before things get better, according to executives.

The smallest of the standardized ocean containers in the global fleet remains ideal for dense, heavy agricultural goods, forest products, and machinery shipments.

The railway managed to boost its first-quarter net income despite the February rail blockades and the COVID-19 pandemic.

North American railroad leaders believe that the industry is resilient and have reported ongoing demand for rail services.

The western U.S. railroad can deploy additional cost reduction measures, but how much cost savings it can realize from those measures will depend on how much rail volumes fall in the second quarter.

Even before the COVID-19 pandemic the Class I railroads were mothballing freight cars – and locomotives. Jim Blaze examines the issues surrounding the surplus of locomotives.

Despite lower revenues, the western U.S. railroad saw its first-quarter net income increase as the company trimmed quarterly expenses by 10%.

o hedge against rail volume uncertainty in the second quarter, CSX aims to control costs.

CSX’s (NASDAQ: CSX) first-quarter net profit fell 7.7% amid lower revenues and a record operating ratio. First-quarter 2020 net income was $770 million, or $1 a share, compared with $834 million, or $1.02 a share in the first quarter of 2019, the company said Wednesday. Meanwhile, CSX’s first-quarter operating ratio was a record 58.7%, compared […]

U.S. rail traffic slumps amid pandemic woes, and challenges are likely to persist into the second quarter.