BNSF (NYSE: BRK) and Union Pacific (NYSE: UNP) are grappling with the aftermath of the recent historic floods, with both companies scrambling to assess and repair damage as quickly as possible.
NS invokes precision scheduled railroading as its seeks to match peer performance and lower its operating ratio.
Five-year high in growth seen last year thanks to tariff front-loading and tight truck supply, but shippers likely to put brakes on growth this year.
Class 1 railroads may have to shorten train lengths and reduce speeds to cope with cold, while drayage supply will also be tight.
ELD impact substantive but short-lived, Hunt, NS executives say.
The still-high operating ratio came in for criticism while management says it will reveal all on February 11.
Port’s growing base of automotive and other shippers needs better way to move freight as traffic woes mean Charleston is ‘not as quaint.‘
Hard commodity volumes were mixed, but intermodal and coal are better; pricing is the best in seven years.
Just a few months after its CEO expressed some skepticism about the practice, the NAFTA-focused rail company will adopt its principles.
The operating ratio—strong enough in the third quarter that it can be argued it was earth-shaking—weakened slightly but was still ahead of the fourth quarter of 2017.
A current rail attorney who was with the STB for many years wonders whether it has ever broken free of the changes envisioned by the Staggers Act.
Auto parts imports could take a hit as vehicle sales slow; Japan makes its own play for African port supremacy.
Overall import growth mean more freight all around, but high drayage costs and better service bringing more boxes to rail.
After first saying in November that operating ratio for the year would be flat, a strong December has enabled it to tick up slightly.
Once dependent on drayage to move boxes to rail, GCT Bayonne now has near-dock rail to speed shipments to U.S. hinterland.
Record intermodal shipments on the rail for the second year in a row has deep implication for the trucking market into 2019. Trucking will benefit, at least partially, from Norfolk Southern’s latest decision.
Railroad to leave Norfolk for Georgian pastures.
Cowen expects softening trucking prices in 2019 to be a headwind for truckload carrier earnings, but should widen gross margins for freight brokerages.
Winter Storm Diego still on track to ice over parts of the South and sock in areas with heavy snow. Significant disruptions to supply chains and travel expected.
Big ships, bigger plans in store for Savannah
