Class I railroads
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News
Intermodal up but rail carloads down last week
U.S. intermodal traffic continues its upward trend but carloads are still lower year-over-year.
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News
BNSF names new CEO
Kathryn M. Farmer will assume the role of president and CEO in January, taking the reins from current President and CEO Carl R. Ice. Ice…
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American Shipper
Cedar Rapids logistics park on horizon
Iowa transportation company Travero plans to open a multimodal cross-dock operation by next September.
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News
Class I railroads, shippers alike weigh in on federal agencies’ feedback request
The Class I railroads update agencies on service issues; shippers use the opportunity to ask for data collection on first-mile and last-mile movements.
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News
Class I railroads brace for tropical storms Marco and Laura (UPDATED)
The railroads are taking precautions to ensure their networks are secure ahead of two U.S. Gulf Coast storms.
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Rail
US Class I railroads closer to fully implementing positive train control
The Class I’s have reached 100% compliance with three of the five categories required to reach full implementation.
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American Shipper
‘Land is plentiful’ for APM Terminals Mobile seaport growth
Two logistics parks are in operation nearby and more are to come in Alabama.
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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.
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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.
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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.
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