U.S. logistics real estate operator announces it has reached the 100 million euro cap for its European logistics fund.
The railroads say the coronavirus pandemic could influence their financial results in 2020, but how deep that impact will be will depend on how long the pandemic lasts.
The three Class I railroads have set or will set targets as part of their involvement in a global initiative.
The railroad installed its first-ever train inspection portal southeast of its largest hump yard in Georgia last December.
Schneider National’s fourth quarter suffered from a “muted peak season” and softer rates. However, the carrier’s 2020 outlook calls for improving fundamentals.
Coal declines and a still sluggish industrial economy could put pressure on revenue this year. Still, CSX sees upside potential for intermodal and merchandise volumes.
Net earnings fell 8.5% in the fourth quarter of 2019 compared with the same period a year ago.
Jim Blaze profiles TTX, a company that is essential to the railroad industry.
CSX and passenger and commuter rail share the same railroad track between Washington, D.C. and Richmond. Investments to the corridor south of Washington, D.C. would change that.
Market Expert Michael Baudendistel writes about rail intermodal volume is lower for the long-term, or can it be more competitive with trucking.
