Stuart Chirls
Wednesday, February 12, 2025
Tax credit would upgrade US rail freight car fleet
A tax credit to help pay for the renewal of the U.S. freight car fleet has been reintroduced in Congress.
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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Stuart Chirls
Tuesday, February 11, 2025
Short line eyes Cali market, buys hydrogen locomotive builder
Sacramento-based Sierra Northern Railway has acquired RailPower LLC in an effort to develop low- and zero-emission motive power.
Stuart Chirls
Friday, February 7, 2025
Ceremony marks CPKC opening of second US-Mexico rail bridge
A ceremony marked the opening of CPKC’s new Patrick J. Ottensmeyer International Railway Bridge crossing the Rio Grande, at the busiest rail gateway connecting the United States and Mexico.
Trains.com Staff
Friday, February 7, 2025
Second life for bills more broadly defining hazmat trains
Separate legislation to broaden the definition of high-hazard trains and reimburse rail hazmat incident first responders have been reintroduced in Congress.
John Kingston
Friday, February 7, 2025
BLS revision: Far fewer workers in truck transportation than earlier estimated
The annual revision to the Bureau of Labor Statistics’ employment report showed a lot fewer jobs in truck transportation than earlier thought.
Stuart Chirls
Thursday, February 6, 2025
Railcar builder CEO Tekorius appointed to Federal Reserve branch
The Greenbrier Cos. said Chief Executive Lorie Tekorius has been appointed to the Portland, Oregon, branch of the Federal Reserve Bank of San Francisco.
Trains.com Staff
Thursday, February 6, 2025
Weekly US rail traffic back ahead of 2024 levels
US weekly rail traffic rebounds after a slight downturn.
Stuart Chirls
Tuesday, February 4, 2025
ONE, LX Pantos in Boxlinks venture for US domestic intermodal
Liner operator Ocean Network Express and LX Pantos are partnering on Boxlinks for U.S. domestic intermodal logistics.
Trains.com Staff
Tuesday, February 4, 2025
CSX reopens part of hurricane-damaged rail line to world’s top quartz supplier
CSX has reopened part of its Clinchfield Railroad through western North Carolina that was damaged by Hurricane Helene in September 2024.
John Paul Hampstead
Monday, February 3, 2025
Tariff threat hits CPKC with cross-border trade disruption
How bad can it get for cross-border?
Stuart Chirls
Monday, February 3, 2025
Port of Baltimore claims a first with battery-electric railcar mover
The Port of Baltimore has deployed an electric railcar mover it says is a first for the U.S. maritime industry.
Stuart Chirls
Saturday, February 1, 2025
British investor buys Pennsylvania shortline railroad
British infrastructure investor Ancala and Arkadia Rail Partners have teamed up to purchase Lehigh Valley Rail Management.
Stuart Chirls
Friday, January 31, 2025
IANA: Intermodal saw turnaround in 2024
A new report from the Intermodal Association of North America found international volumes helped intermodal freight author a turnaround in 2024.
Trains.com Staff
Friday, January 31, 2025
CN profits dip after fourth-quarter port and weather disruptions
Profits and revenue fell at Canadian National amid port work stoppages and extreme cold.
John Kingston
Thursday, January 30, 2025
Takeaways from State of Freight: Volatility in Washington, intermodal surge
In the first State of Freight webinar for the year, intermodal and politics were on the agenda.
Trains.com Staff
Thursday, January 30, 2025
CPKC sees higher Q4 profits, forecasts continued growth despite trade concerns
CPKC delivers on 2024 guidance of double-digit earnings growth, despite economic uncertainties and tariff threats.
John Paul Hampstead
Thursday, January 30, 2025
Norfolk Southern poised for opportunistic growth in 2025
Norfolk Southern COO John Orr has the railroad running tighter and faster.
Stuart Chirls
Wednesday, January 29, 2025
First look: CPKC Q4 earnings improve
Canadian Pacific Kansas City said fourth-quarter revenues increased to $3.9 billion from $3.8 billion a year ago, as diluted earnings per share increased to $1.28 from $1.10 in the same quarter in 2023. The Calgary, Alberta-based company (NASDAQ: CP) said after markets closed that its operating ratio decreased by 210 basis points to 59.7% from […]
Trains.com Staff
Wednesday, January 29, 2025
Norfolk Southern touts operational, service and financial improvement
Operational and other improvements helped Norfolk Southern meet or exceed financial targets it set amid last year’s nasty proxy battle with activist investor Ancora Holdings.
Trains.com Staff
Wednesday, January 29, 2025
East Palestine, Norfolk Southern reach $22M settlement over derailment
A settlement has been reached between Norfolk Southern and East Palestine, Ohio, after a 2023 derailment left hazardous waste and more behind.