5 takeaways from Class I railroads’ earnings season
FreightWaves looks at five themes that ran throughout the earnings discussions of the Class I railroads.
FreightWaves looks at five themes that ran throughout the earnings discussions of the Class I railroads.
Executives with parent company Berkshire Hathaway expect BNSF to take steps to protect the railroad’s franchise as the merger between Kansas City Southern and one of the Canadian railways makes its way through regulatory review.
With a Canadian Pacific and Kansas City Southern merger, grain shippers in the Dakotas will have a real single-line option to reach their end markets rather than having to rely solely on UP or BNSF, says former U.S. Sen. Byron Dorgan.
National Transportation Safety Board investigators will look into what led to the death of a 24-year veteran of BNSF at a customer facility in Missouri.
Witnesses at a U.S. House hearing on Wednesday stressed the need for a multimodal approach in federal support of the railroads, citing freight rail’s connection with both rural, inland towns and coastal ports.
Three investigators will try to determine what caused the death of a BNSF worker on Wednesday at a rail yard near Los Angeles.
The AAR released climate policy proposals encouraging partnerships and market solutions that promote competition and carbon capture, utilization and storage technology.
Lower fuel expenses helped privately held BNSF’s net income grow by 5% in the fourth quarter of 2020.
According to Bank of America and McKinsey, 10 years of expected e-commerce growth penetrated in three months’ time.
Prospective North American and international customers are inquiring about Wabtec’s battery electric, heavy-haul locomotive, which is undergoing advanced tests with BNSF. The company reported its fourth-quarter results on Thursday.
The trade agreement’s rules governing how much of a car must consist of North American parts could incentivize automakers to set up more assembly plants in the U.S.
Extreme cold and lots of snow in the Midwest and other areas could impact rail operations and cause delays, according to some railroads.
Customers taking part in BNSF’s program to develop facilities on BNSF-owned real estate invested $1.1 billion in those facilities in 2020.
The Western U.S. railroad expects to invest $2.99 billion in capital projects to maintain and upgrade its infrastructure and assets.
BNSF and Wabtec conduct advanced tests on a battery-electric locomotive by putting it in service in California with two Tier 4 diesel locomotives.
Canadian Pacific has announced a pilot project to develop North America’s first line-haul hydrogen-powered locomotive.
Initial reports reveal seven tank cars derailed in Washington state and two were on fire, said.
The railroad has named three locations to be part of its site-ready industrial development program.
Samantha Brooks and Ellen Reiche were arrested Saturday night in connection with an alleged terrorist attack on train tracks north of Seattle.
A few images convey a great deal about the intermodal rail model.