Freight rail and partners outline coronavirus responses
The rail industry will try to keep business as usual for as long as possible, according to recent notices to customers.
The rail industry will try to keep business as usual for as long as possible, according to recent notices to customers.
DMV flexibility, coronavirus testing among requests as potential for supply chain disruption grows.
Economic uncertainties, including the prospect of a coronavirus-induced recession, could spur the railroad to update its 2020 guidance.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Walmart opens new distribution center to meet e-commerce demand; border officials lobby for funding of new truck and railway bridges; two Texas seaports receive $39 million for improvements and expansion; Mexican manufacturing association creates coronavirus prevention task force.
USD Partners and Gibson Energy will begin construction of a unit in April that will produce a nonhazardous heavy crude product.
Uncertainty is still an underlying theme facing North American freight railroads.
Atlanta-based Stonemont Financial Group recently launched phase one of its 540-acre Southwest International Gateway Business Park in El Campo, Texas, around 60 miles southwest of Houston. “We have officially closed on the land and completed all of our designs, and we’re in the process of breaking ground as we speak,” Stonemont Financial CEO Zack Markwell […]
Geopolitical tides, e-commerce and technology are today’s “disruptors” in freight transportation, say panelists at Transportation Research Board convention.
Kansas City Southern can attribute its growth in cross-border traffic to a former president, a Railway Age essay says.
Service improvements will help grow rail volumes and revenue, the company said during its fourth-quarter earnings call Friday.
Net profit for Kansas City Southern (NYSE: KSU) slipped in the fourth quarter of 2019 compared to the prior year, but revenues were 5% higher amid increases for chemicals and petroleum and industrial and consumer products. Fourth-quarter net income was $127.2 million, or $1.30 diluted earnings per share, compared with $161.1 million, or $1.59 diluted […]
Jim Blaze profiles TTX, a company that is essential to the railroad industry.
Lower rail volumes, an active Surface Transportation Board and a strike were among the key events that the U.S. and Canadian freight rail industry experienced this year.
Kansas City Southern and Canadian Pacific deliver goodwill to local communities along portions of their rail networks.
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.
North American Class I carloads increased year-over-year in week 47 on a favorable comp. The prior four-week average remains weak.
Rail executives discussed short-term strategies for growing rail volumes amid expectations that volumes won’t pick up until well into 2020.
The railroad has completed the rollout of a cloud-based operational system.
Company eyes cross-border volume growth and efficiency improvements.
The railroads say the union refuses to negotiate on train crew size as both sides prepare for a new collective bargaining agreement.