Class I railroads
-
Company earnings
June rail traffic sees recovery ‘accelerate’
Rail traffic continued to build through June. U.S. intermodal traffic was only off 5% year-over-year in week 26.
Read More » -
News
Deutsche Bank sees some winners as earnings season approaches
Deutsche Bank analyst Amit Mehrotra favors a few transportation stocks as the second quarter comes to a close.
Read More » -
News
Class 1 railroads may make some cost-cutting measures permanent
Class 1 railroads reiterate that some measures they took to cut costs because of the coronavirus could become permanent.
Read More » -
News
Railcars in storage spike in May
The active railcar fleet fell by 25% in May. Multiple headwinds face railcar demand, but volumes may be turning a corner.
Read More » -
American Shipper
Good economic news: BendPak opens Alabama distribution center
Alabama State Port Authority and APM Terminals Mobile will help get products to customers quickly
Read More » -
News
US Class I railroads inch toward full positive train control implementation
Interoperability between host and tenant railroads nears 60% at the end of the first quarter, up from 48% in December.
Read More » -
Rail
Commentary: When will PSR-driven volume and service growth emerge?
Like all industries, the coronavirus has impacted railroads. What should they be doing to gain market share and better serve their customers?
Read More » -
News
Headcount levels fall nearly 12% in March at US Class I operations
Employee counts at U.S. Class I railroads continue to be lower in 2020 than 2019, although total headcount rose slightly from February.
Read More » -
News
Rail labor groups seek federal oversight on temporary waivers
The groups want the Federal Railroad Administration to ensure that railroads’ requests to waive certain regulations stem from a true labor shortage.
Read More » -
News
Rail analysts expect a tough six months
In terms of financial results for the Class I railroads in 2020, it could get worse before it gets better, according to several Wall Street…
Read More »