Belt tightening continues for railcar maker
FreightCar America entered a joint venture to build a new manufacturing facility in Mexico as part of its cost improvement initiative.
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!
FreightCar America entered a joint venture to build a new manufacturing facility in Mexico as part of its cost improvement initiative.
Through the continued development of automated processes, U.S. Customs and Border Protection foresees the day when paper export manifests will no longer be necessary.
The rail equipment manufacturer will close its Boise facility and move operations to Erie.
Two lawmakers want more extensive review of the risks and practice of using tank cars to haul liquefied natural gas.
Executives at North America’s major railroads are making the case that intermodal service will be more reliable and consistent after a year of major service changes. This comes as weakness in the industrial economy makes consumer-driven freight more important than ever to the railroads. Collectively known as precision scheduled railroading, the efficiency drives have made […]
Trade uncertainty and loose truck capacity continue to weigh on rail traffic.
The Port of Savannah’s expansion plans will benefit shippers — so long as infrastructure needs outside the port are met.
The trade group has been lobbying Congress to make permanent a tax credit for infrastructure investments.
The railroad, which has dedicated operations in Mexico, has invested in capital infrastructure related to energy.
The halt in vehicle production at General Motors [NYSE: GM] plants on Sept. 16 over a labor dispute is expected to have ripple effects throughout the automakers’ supply chain, but experts say the severity of any business interruption will depend on the duration of the strike by the United Auto Workers. The most immediate casualty […]
Australia is linking its interior to its coasts and its export markets by building a giant railway to the main seaports. But someone forgot to link the railway to the northern port.
In Australia this week: new truck sales this year in Australia are slumping when compared to last year; transport company PAGE buys Allalong to exploit the Sydney to Tasmania freight market; seaport says millions of truck movements can be eliminated; electric truck is donated to charity; stink-trunk gets un-sunk.
Millions in private and public funding are going toward the two western Canadian ports.
The Surface Transportation Board has proposed two rules that could ease shippers’ burdens when contesting rail rates.
Pictured above, left to right: Glenn Smith, Wayne Farms; John Schmitter, KEP; Todd Tranausky, FTR) A shipper and a consultant talking about how precision railroading’s implementation has affected them both had a distinctly middle of the road–or maybe middle of the tracks–conclusion. John Schmitter, president of KEP Llc and Glenn Smith, the director of feed […]
CSX needs to be more proactive if wants to compete with trucks, CSX’s chief said.
U.S. rail volumes are down nearly 4% year-to-date amid a 6.6% decline for coal and a 4% drop for intermodal.
The railroad was building the train when it derailed and caused a tank car to catch fire.
The Class I railroads are steadily implementing positive train control, but the railroads overall still have a ways to go before the December 2020 deadline.
Three Class I U.S. rail operations earned enough returns on investment in 2018 to support their capital projects.