COVID-19 uncertainties, PSR part II: What’s on the minds of rail execs
Train lengths, improving network velocity and coronavirus uncertainties are among the big themes expressed by Class I railroad executives at a recent investor conference.
Train lengths, improving network velocity and coronavirus uncertainties are among the big themes expressed by Class I railroad executives at a recent investor conference.
October’s total employment level among the U.S. Class Is was the second lowest for 2020 as railroads implement PSR.
The railroad has opened a new intermodal terminal in Minneapolis, and service to and from Los Angeles will begin in January.
Railroads are leveraging automation and evaluating assets to improve fuel efficiency. Corporate climate goals are on the rise as railroads increase their conservation and emission-reducing efforts.
U.S. carload traffic on a weekly basis was 3.1% lower last week on a year-over-year basis and 1.7% higher sequentially.
1998: The Surface Transportation Board has approved the division of Conrail between Norfolk Southern and CSX, which will be left in control of most railroad traffic in the eastern half of the United States.
CSX and Union Pacific executives talk about their companies’ plans to grow the business.
UP expects longer and heavier trains in its future as it seeks to take more intermodal market share away from trucks.
Intermodal traffic props up rail volumes and gains for retail sales; CSX, Union Pacific announce new appointments.
Lower fuel prices drove Union Pacific’s operating ratio lower. Meanwhile, third-quarter net profit fell 12% year-over-year.
Although the hurricane isn’t expected to make landfall until later this week, the Class I railroads are preparing now for potential service disruptions.
Individuals who allegedly crossed border illegally were reportedly found climbing moving train and locked in grain hopper.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican train blockade costing millions; Toyota and VW expand in Mexico; tire manufacturer opens Houston facility; Xxentria opens border operation; US, Mexico and Canada extend border closures.
U.S. rail volumes, including intermodal traffic, fell in a week that was shortened by Labor Day.
The wildfires in Washington state aren’t a major threat to BNSF’s Washington operations, but the railroad deployed trains to help area first responders. Union Pacific grappled with wildfires near a Northern California subdivision last week.
Iowa transportation company Travero plans to open a multimodal cross-dock operation by next September.
A Colorado county has paved the way for the construction of a 620-acre rail-served industrial park in the greater Denver area.
U.S. intermodal traffic continues upward trend; separately, Kansas City Southern reportedly rejects takeover bid.
The railroad didn’t say where the layoffs occurred, but they affect union and management employees across the 23-state network.
Class I railroad crews will spend the next two days clearing downed trees and restoring electric power along tracks in southern Louisiana.