Jim Blaze writes about the transportation of hazardous materials by rail. Accidents have occurred, and the railroads need to continue to work to decrease their number. However, rail is the safest way to transport hazardous materials.
Year-to-date U.S. rail volumes are still sluggish, and the effect of the coronavirus on intermodal volumes remains unclear.
Jim Blaze explores whether the Class 1 railroads are downsizing their railcar fleets.
When responding to requests for proposals in the contract bidding process, rail and intermodal service providers should tout not only their competitive pricing but why shippers should diversify their modal options.
Trade uncertainties, softness in the manufacturing sector contributed to lower rail volumes in January.
Jim Blaze writes about the long, slow decline of coal as the key commodity for railroads, and whether plastics might replace the lost volume.
The railroad is reducing its capital expenditures budget for this year, but it will allocate more funding toward replacing and upgrading network infrastructure.
Members overwhelmingly ratified the agreement with Canadian National. The collective agreement will last through July 2022.
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The drop comes as the Class I railroads look to the second half of 2020 for volume growth.
Union Pacific opens lanes, while Norfolk Southern talks lane opportunities to take market share from trucks.
Recent trade developments should help rail volumes improve, particularly in the second half of 2020, executives said.
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, […]
Year-to-date U.S. rail traffic is 7.8% lower compared with the same period in 2019.
Employment levels at the U.S. operations of the Class I railroads hit their lowest point in years, according to data from the Surface Transportation Board.
Railroad expert Jim Blaze writes about coal, a key commodity hauled by rail. The amount of coal being hauled by rail is declining. Why? And what does the future hold?
Service improvements will help grow rail volumes and revenue, the company said during its fourth-quarter earnings call Friday.
Jim Blaze explores the decline of railroad freight volume and what may happen going forward.
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 […]
Net earnings fell 8.5% in the fourth quarter of 2019 compared with the same period a year ago.
