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!
TE Management affiliate American Industrial Transport has completed its acquisition of the rail car assets of SMBC Rail Services.
Rail technology provider Wabtec is joining forces with Dutch company Intermodal Telematics to create telematics technology for rail cars.
In this fireside chat, FreightWaves’ chief economist Anthony Smith talks with Union Pacific’s Matt Gloeb about how collaboration between the railroad and truck carriers in the intermodal space can help customers reach sustainability goals.
The Federal Railroad Administration has proposed that rail car manufacturers certify that their rail cars were made in countries that haven’t been flagged by the U.S. government for national security concerns. Two trade groups representing rail equipment manufacturers support this measure.
The Federal Railroad Administration is providing over $8 billion in grants that will support two high-speed rail projects as well as capital improvements on existing rail corridors that carry both passenger rail and freight rail traffic.
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Canadian railway CN is acquiring family-owned Iowa Northern Railway, a 275-mile short-line railroad serving the Upper Midwest.
The U.S. and Canada plan to form a joint task force aimed at developing and integrating zero-emissions technologies for locomotives at a wider and accelerated scale.
Georgia Ports Authority will use internal funds and a $46.8 million federal grant to build the Blue Ridge Connection inland rail terminal in Gainesville.
The Brotherhood of Maintenance of Way – Employes Division is continuing to express its disappointment over planned furloughs at Union Pacific. But UP insists that it will call back furloughed employees as the railway pursues rail service and safety goals.
CSX is facing a class action lawsuit over the sulfur dioxide that was released into the air when a train derailed in eastern Kentucky the day before Thanksgiving.
Union Pacific is seeking to beef up its intermodal offerings via a terminal in Phoenix and the addition of destinations for its on-dock rail service at Port Houston.
Will Congress pass any rail safety bills before 2023 ends? One consultant thinks the answer is probably no.
Genesee & Wyoming subsidiary Rail Link has secured five new contracts since September, the private short-line operator recently announced.
Next year’s transportation environment is expected to see gains in three key areas: service, sustainability and technology. Rail has made strides in all three, making it a viable, affordable option for shippers.
A failed wheel bearing may have caused the derailment of a CSX train in Kentucky last week.
Using technology to assess adverse weather impacts in real time and working with other railroads to adopt best practices were two of the Federal Railroad Administration’s recommendations.
EPA’s proposal to consider mandating air pollution reporting could place new burdens on rail yards and rail carriers, critics say.
A CSX train carrying molten sulfur derailed and caught fire on Wednesday north of Livingston, Kentucky, prompting a voluntary evacuation and state of emergency declaration.
In light of the numerous comments that the Surface Transportation Board received on its proposed reciprocal switching rule, the board has extended a deadline for additional feedback by two weeks.
