Gauging rail’s key themes in 2020
Improving rail volumes and service are among the crucial issues to look out for as the railroads reveal their 2020 guidance in the coming days.
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!
Improving rail volumes and service are among the crucial issues to look out for as the railroads reveal their 2020 guidance in the coming days.
Jim Blaze profiles TTX, a company that is essential to the railroad industry.
The rail equipment manufacturer and lessor has tapped a Caterpillar executive and Trinity board member to head the company.
Technology will have a key role, but how will shippers and labor benefit from the railroads’ high-tech initiatives, panel asks.
The Denver-based short line operator promotes from within for the new roles.
The bill would prohibit the transport of crude oil via rail if the Reid vapor pressure of the crude oil exceeds 9.5 pounds per square inch.
We gear up this week with a man charged on Thursday with shooting a truck driver on I-269 outside Memphis, Tennessee, after an in-cab video captured the suspected killer. Violence in Mexico from organized cartels has been surging in recent weeks, with the latest incident involving a 13-year-old American boy killed Jan. 3 near Nuevo […]
The Containerization & Intermodal Institute, EROAD and Great Lakes Dredge & Dock announce board appointments.
Two Norfolk Southern-owned or -operated rail facilities in West Virginia and Virginia have been impacted by closure and layoffs.
Railway Age reports industry veteran will lead the RSI Equipment Leasing Committee.
The principles of Environmental/Social/Governance are going to be a factor in the future, according to Morgan Stanley
The transport of cargo from China to Europe by sea is likely to remain more important than Eurasian railway routes, says the CEO of the German forwarder DACHSER.
Buttigieg proposal part of candidate’s $1 trillion infrastructure plan.
OmniTRAX and R.J. Corman seek to cultivate customer relations with recent appointments.
The railway will work with NorFalco Sales, a division of Glencore Canada, to handle sulfuric acid volumes at facilities in Ontario and Quebec.
Road, rail, port environmental permits to be completed in two years.
Association of American Railroads reports volumes continue to run lower than a year ago.
Companies from Amazon to Zulily agree to help Customs and Border Protection figure out how to identify and target high-risk shipments.
Jim Blaze writes about the key messages he extrapolated about railroading in 2019.
Precision Scheduled Railroading, or PSR, is the operational method of running a railroad for maximum asset utilization by which freight movements are scheduled and managed on the individual carload (rather than entire train level). That contributes to efficiency improvements by, for instance, using more direct point-to-point routing, bypassing classification terminals, and having the flexibility to use long mixed-commodity trains.