U.S. rail volumes dip as carriers grapple with flooding impacts
U.S. rail volumes fell again last week as rail service issues continue to plague the post-flooding Midwestern landscape.
U.S. rail volumes fell again last week as rail service issues continue to plague the post-flooding Midwestern landscape.
BNSF (NYSE: BRK) and Union Pacific (NYSE: UNP) are grappling with the aftermath of the recent historic floods, with both companies scrambling to assess and repair damage as quickly as possible.
The request by the Association of American Railroads (AAR) asking the Surface Transportation Board (STB) to include a cost-benefit analysis into its rulemaking process is being viewed by some as a positive step towards aligning STB procedure with other U.S. Department of Transportation (DOT) agencies.
Positive Train Control isn’t just about safety anymore as the railroads revisit how the technology can generate capacity and save money.
Railroads – like trucking – will be focusing on solving the Highway Trust Fund problem this year. But could a Green New Deal become a competitive selling point?
As far as investors are concerned, the trade war is effectively back on.