Higher electricity demand boosts railroad coal carloads
Intermodal, coal, and grains are driving Class I railroad traffic higher.
Intermodal, coal, and grains are driving Class I railroad traffic higher.
A CPKC union is polling members about a possible strike, claiming the railroad took advantage of a service crisis to make workplace job changes on the troubled Kansas City Southern network.
Schneider National announced improved transit times on its cross-border intermodal service with Canadian Pacific Kansas City.
Intermodal helped make CPKC the fastest-growing railroad in the second quarter.
That light at the end of the rail merger tunnel is becoming an oncoming investment express.
CPKC foresees July return to normal service after a botched computer system cutover on former Kansas City Southern.
A letter from the STB chairman says customers continue to report problems in southern US, requests details of ‘concrete steps’ to recover.
Chicago, Il. — The Canadian Pacific-Kansas City Southern merger has gone smoothly over the past two years — until a long-planned computer system cutover last month in former Kansas City Southern territory in the U.S. CPKC Chief Operating Officer Mark Redd says the cutover — during which CP’s operations system replaced the old KCS system […]
Cold storage warehouse operator Americold said it has started building an $80 million facility at Canada’s Port Saint John.
Intermodal volumes so far seem to be dodging the “air pocket” expected in the wake of steep tariffs on goods from China.
Railroad executives told an investors conference that future mergers face likely insurmountable regulatory hurdles.
Talk of mergers is making the rounds of Class I railroads as a way to kick-start growth and take advantage of a business-friendly Trump administration.
Rebuilding after hurricane damage and rerouting around a Baltimore tunnel project cost CSX a million dollars a day in lost revenue in the first quarter, a company executive told an investor conference.
Most major railroads maintained their 2025 outlooks even amid worries about trade and the economy.
CPKC CEO Keith Creel says the railroad, which reported higher revenue and profits for the first quarter, is “off to a strong start” for the year.
Railroad stocks dropped after President Trump’s announcement Wednesday of tariffs on U.S. trading partners.
CALGARY, Alberta — Canadian Pacific Kansas City (NYSE: CP) and the Lanco Group/Mi-Jack have sold the Panama Canal Railway to APM Terminals, a global terminal operator and an independent division of A.P. Moller-Maersk (XCSE: MAERSKa). The 47.6-mile railway provides ocean-to-ocean freight and passenger services along the Panama Canal and has been a 50/50 joint venture […]
Class 1 railroads saw mixed results in Q4 of 2024, but consultant Oliver Wyman sees a steadier year ahead.
Canada’s largest railroads see mixed progress at the country’s busiest container gateway.
Port fees on Chinese ships are aimed at boosting U.S. shipbuilding but could have follow-on effects for intermodal traffic, too.