Railroad

Jim Blaze explores whether the Class 1 railroads are downsizing their railcar fleets.

When responding to requests for proposals in the contract bidding process, rail and intermodal service providers should tout not only their competitive pricing but why shippers should diversify their modal options.

The federal agency issues the order following a fiery derailment of a Canadian Pacific crude train.

Full year net income set a record; CEO speaks highly of rail operations

January was a record month for grain volumes for CP.

Authorities evacuate town of Guernsey, Saskatchewan, and close five-mile stretch of key Western Canada highway after morning accident involving CP train.

Trade uncertainties, softness in the manufacturing sector contributed to lower rail volumes in January.

Jim Blaze writes about the long, slow decline of coal as the key commodity for railroads, and whether plastics might replace the lost volume.

The railroad is reducing its capital expenditures budget for this year, but it will allocate more funding toward replacing and upgrading network infrastructure.

The acquisition will expand Regional Rail’s short line operations into North Carolina.

Members overwhelmingly ratified the agreement with Canadian National. The collective agreement will last through July 2022.

Lawmakers in Missouri, New York, Virginia and Wyoming introduce legislation to require freight trains to have a minimum crew size.

FreightWaves SONAR has new information for subscribers.

A short line acquisition in Atlantic Canada and enhanced crude oil production in western Canada could boost rail volumes in the coming years, executive said.

The drop comes as the Class I railroads look to the second half of 2020 for volume growth.

Union Pacific opens lanes, while Norfolk Southern talks lane opportunities to take market share from trucks.

Moscow-based Grand Service Express began offering service to the Russian-occupied Crimean Peninsula in December.

Recent trade developments should help rail volumes improve, particularly in the second half of 2020, executives said.

Railroad giant Norfolk Southern Corp.’s fourth-quarter profit declined 5% as the company hauled 9% less freight, officials said.  Norfolk Southern (NYSE: NSC) reported its operating and financial results for the fourth quarter of 2019 before the market opened Wednesday. Norfolk Southern (NS) reported total revenues of $2.7 billion in the fourth quarter, down 7% year-over-year, […]

Revenue gains for grain, energy, chemicals and plastics provide boost.