CSX profits fall on lower revenue, higher costs
Profits at CSX fell in the second quarter as weaker merchandise traffic outweighed improvement in intermodal volumes.
Profits at CSX fell in the second quarter as weaker merchandise traffic outweighed improvement in intermodal volumes.
Canadian rail carrier CN said cost controls helped boost operating income as tariff and other economic factors muted revenues.
Intermodal, coal, and grains are driving Class I railroad traffic higher.
Union Pacific, the largest publicly-held railroad, is in merger talks with eastern rival Norfolk Southern, according to a published report.
BNSF Railway and Union Pacific came to an agreement on routing of intermodal trains ahead of a meeting with regulators.
Building upon SONAR intermodal and dry van contract rate data already available in the platform, as of today, intermodal savings rates are now included in SONAR, as a national average, for 63 individual lanes, and two indices. The LA to Dallas lane is competitive between truckload and intermodal with a 9% average intermodal savings rate. […]
Heists at freight terminals are getting more brazen as Senate Democrats question Trump administration priorities.
J.B. Hunt Transport Services reported a largely inline second quarter on Tuesday.
BNSF is eyeing intra-Texas drayers with expedited intermodal services connecting Los Angeles and Houston.
Schneider National announced improved transit times on its cross-border intermodal service with Canadian Pacific Kansas City.
Rail freight turned in solid gains for the holiday week ending July.
BNSF asks Surface Transportation Board for emergency order to start southern California-Salt Lake City service over Union Pacific tracks.
Intermodal helped make CPKC the fastest-growing railroad in the second quarter.
Carload rail freight edged down in the latest week but stayed ahead of year-to-date levels.
A panoply of socioeconomic factors are weighing on rail freight, as the economy wrestles with signs of strength and uncertainty, a new analysis finds.
That light at the end of the rail merger tunnel is becoming an oncoming investment express.
Rail traffic was flat in the latest week data as softening demand for China imports likely hit intermodal volumes.
U.S. rail traffic was down for a second straight week y/y, the first back-to-back decline this year after 15 straight weeks ahead of 2024 levels.
A letter from the STB chairman says customers continue to report problems in southern US, requests details of ‘concrete steps’ to recover.
The largest U.S. railroad is taking a customer-focused approach as it deploys technology across it 32,000-mile system.