Carriers and shippers call for long-term infrastructure funding
Response to DOT’s national freight strategy proposal reveals top concerns.
Response to DOT’s national freight strategy proposal reveals top concerns.
Union Pacific opens lanes, while Norfolk Southern talks lane opportunities to take market share from trucks.
Railroad giant Norfolk Southern Corp.’s fourth-quarter profit declined 5% as the company hauled 9% less freight, officials said. Norfolk Southern (NYSE: NSC) reported its operating and financial results for the fourth quarter of 2019 before the market opened Wednesday. Norfolk Southern (NS) reported total revenues of $2.7 billion in the fourth quarter, down 7% year-over-year, […]
J.B. Hunt’s fourth quarter call addresses some challenges facing its brokerage and intermodal businesses.
Jim Blaze profiles TTX, a company that is essential to the railroad industry.
Two Norfolk Southern-owned or -operated rail facilities in West Virginia and Virginia have been impacted by closure and layoffs.
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.
Proposal providing relief for shippers could be rolled out next year.
Railway Age reports NS wants to double-stack its trains as they move through Pittsburgh, but residents in the north side of the city are stacking up arguments and fighting back.
The changes come as the railroad deploys precision scheduled railroading.
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 Class I railroads furlough workers in times of lower volumes but unions think the cuts have been too deep as a result of precision scheduled railroading.
Jim Blaze writes about Conrail Shared Assets and its accomplishments on behalf of CSX and Norfolk Southern.
Further operational efficiencies will push the railroad to its target, the company said.
Now Goldman thinks that ISM data won’t turn positive until Q2 2020.
Carloads on the railroads remained under water in the first week of the fourth quarter 2019. Intermodal weakness will be in the spotlight as third quarter earnings season approaches.
Trucks are competitively priced on East Coast lanes and offer better service than the railroads.
“We don’t know where the bridge went. We do know it went down, most of the middle sections did go down to the south.”
More downpours add to flood threat in parts of Desert Southwest hit hard yesterday. New spots of flooding also likely.