Greenbrier, CSX and Norfolk Southern announce executive appointments
The new appointments could indicate how the companies are preparing to respond to future market trends.
The new appointments could indicate how the companies are preparing to respond to future market trends.
Year-to-date U.S. rail volumes are still slumping this year, due in part to a competitive truck market for intermodal shipments.
The acquisition seeks to build upon the company’s rail assets in Ohio and expand its presence into the Port of Cleveland.
Market Voice Jim Blaze writes about rail intermodal and what is happening to this area of the railroad sector.
The railroad contends the Interstate Commerce Commission Termination Act and the Federal Railroad Safety Act preempt Oklahoma’s law.
The continued slump in U.S. rail volumes is putting pressure on overall North American rail volumes.
Headcount continues to fall at U.S. rail operations as the railroads implement precision scheduled railroading.
Jim Blaze writes about FreightWaves SONAR and how it could be a helpful tool for the freight railroads.
Competition from other grain-producing countries weigh on U.S. grain exports – and on U.S. rail volumes for grain.
Year-to-date North American rail volumes fell 2.3 percent last week. But what about for the rest of the year?
The states of Illinois, Nevada and Washington are seeking to push ahead with state laws requiring a train crew size of at least two individuals, despite a federal declaration saying that such laws have been voided.
Volatility appears to be the only certainty for transportation stocks as trade concerns loom. The transportation stocks walked through a less than stellar earnings season, but renewed trade concerns has them bouncing about.
The announcements confirming Canada’s planned investments in rail infrastructure come as the country prepares for a federal election in October.
As railroads cut less profitable routes, shippers should learn as much as possible about railroads plans for future service.
U.S. rail carloads no longer appear to be following the lead of broader economic indicators. Why? Look to concerns about rail service reliability and trade uncertainty as answers.
CSX and Canadian National’s partnership to create new intermodal service between Montreal and Toronto and the greater New York City area is a strategy to expand each other’s geographical reach and compete with the long-haul trucking market.
Railcar manufacturer Greenbrier will invest $16 million in an American Railcar Industries facility that produces tank cars.
U.S. railroad operations loaded 5.5 percent fewer carloads and intermodal units in July, and trade uncertainty could threaten to maintain that downward trend in rail volumes for the remainder of 2019.
Genesee and Wyoming sees second-quarter operating income decline amid lower freight revenues from its Australian and European operations and flat year-over-year revenue from its North American operations.
U.S. Senator Ron Wyden’s (D-Oregon) new bill would require the railroads to supply information on crude volumes to emergency responders, and it would mandate that the railroads share crude-by-rail data annually.