Class I railroads

After a surge in freight over the past few weeks, UBS transportation analyst Tom Wadewitz is predicting a rough two months.

Hub Group joins other transportation companies in accessing revolving credit to improve liquidity.

Freight rail trade and labor groups applaud the U.S. federal government for passing the $2 trillion stimulus package aimed at stabilizing the American economy amid the coronavirus pandemic.

Total headcount falls to its lowest level amid continued declines in U.S. rail volumes.

The Class I railroads would need to ensure that Amtrak can meet FRA’s on-time performance metrics for the routes they share with Amtrak.

OmniTRAX announces new CFO following several additions to the management team.

Economic uncertainties, including the prospect of a coronavirus-induced recession, could spur the railroad to update its 2020 guidance.

Norfolk Southern and Union Pacific say they have contingency plans should the coronavirus threaten to disrupt operations.

William J. Flynn was formerly CEO of Atlas Air Worldwide Holdings, and his leadership experience spans the air cargo, freight railroad and maritime industries.

The rail industry could see merger activity in the next five to 10 years should the regulatory and economic environment make them necessary.

FreightCar America’s fourth-quarter results highlight the weakened railcar demand environment.

Uncertainty is still an underlying theme facing North American freight railroads.

The court ruled in favor of the Class I railroads and said SMART-TD must discuss crew size during ongoing collective bargaining negotiations.

Employment levels at the U.S. operations of the Class I railroads hit their lowest point in years, according to data from the Surface Transportation Board.

A portfolio of acquisitions culminates in a large sale. Genesee and Wyoming announces that the sale of the company has been completed.

Canadian National reports operations have returned to “normalized” levels after an eight-day work stoppage.

Canadian National’s grain shipments gain momentum with eight-day strike in the rearview.

Several management teams from North America’s largest Class I railroads were on hand to discuss current demand, their networks and the future at the Credit Suisse 7th Annual Industrials Conference.

FreightCar America sees net loss more than double as it navigates the downside of railcar demand. The company’s cost restructuring remains on track.

Jim Blaze explains the new CSX trip compliance reporting… perhaps the first step for railroads to compete more effectively with the trucking industry.