Rail investors and observers think the Class I railroads’ efforts to bolster train and engine crew counts will improve rail service in the second half of this year. But geopolitical, economic and regulatory uncertainties also abound.
Higher revenues contributed to increased profits in the first quarter for BNSF.
Customers are keen to lock in capacity for the year and mitigate risk, executives said during Hub Group’s first-quarter 2022 earnings call.
Canadian Pacific believes its acquisition of Kansas City Southern is still on pace to receive federal approval sometime early next year.
The operating plan, which builds upon the precision scheduled railroading-inspired initiative for NS’ manifest network, will be launched sometime late in the second quarter of this year.
“There’s been a big shock in the supply chains, and we’re working very hard to get our rhythm back and our operation back and to serve our customers well,” says new CEO Tracy Robinson.
Precision scheduled railroading will help the western U.S. railroad recover service more efficiently, UP executives argue.
The eastern U.S. railroad says its hiring initiative is going well.
The U.S. railcar lessor doesn’t expect the war in Ukraine to impact company profits, but the conflict is affecting operations in Poland.
The year 2023 and beyond could boost railcar production volumes for Greenbrier as global low-carbon mandates drive freight to rail, say Greenbrier executives.
