Companies file a flurry of lawsuits against the big four U.S. Class I railroads, alleging their fuel surcharge programs violated antitrust laws.
Jennifer Hamann will succeed Rob Knight on January 1, 2020.
U.S. rail volumes are down nearly 4% year-to-date amid a 6.6% decline for coal and a 4% drop for intermodal.
The railroad was building the train when it derailed and caused a tank car to catch fire.
Three Class I U.S. rail operations earned enough returns on investment in 2018 to support their capital projects.
Slumping coal demand, trade wars and a competitive truck market are weighing on rail volumes for the remainder of the year.
Market Voice Jim Blaze writes about rail intermodal and what is happening to this area of the railroad sector.
