Union Pacific seeks to eke out efficiencies
The railroad eyes slight volume growth in 2020 amid plans for longer trains and reduced headcount.
The railroad eyes slight volume growth in 2020 amid plans for longer trains and reduced headcount.
Net income falls in the fourth quarter amid a decline in operating revenue and a decrease in rail volumes.
Los Angeles port signals efficiency gains as the third-largest container alliance plans additional SE Asia stops.
Lower rail volumes, an active Surface Transportation Board and a strike were among the key events that the U.S. and Canadian freight rail industry experienced this year.
The next step is achieving full interoperability with other railroads.
Proposal providing relief for shippers could be rolled out next year.
Several management teams from North America’s largest Class I railroads were on hand to discuss current demand, their networks and the future at the Credit Suisse 7th Annual Industrials Conference.
Union Pacific (NYSE: UNP) is suing the city of Palestine, Texas, to nullify a 150-year-old contract to keep a certain number of jobs in the town indefinitely. The agreement between Union Pacific and Palestine — which was signed in 1872 — dates back to the days when the city was at the crossroads of several […]
North American Class I carloads increased year-over-year in week 47 on a favorable comp. The prior four-week average remains weak.
The terminal wants to be an alternative for those needing intermodal services to the U.S. West Coast.
Rationalizing additional network assets is still a possibility in 2020.
Now Goldman thinks that ISM data won’t turn positive until Q2 2020.
Carloads on the railroads remained under water in the first week of the fourth quarter 2019. Intermodal weakness will be in the spotlight as third quarter earnings season approaches.
Excerpt: The companies promote and assign new roles to longstanding employees.
Companies file a flurry of lawsuits against the big four U.S. Class I railroads, alleging their fuel surcharge programs violated antitrust laws.
Heading into earnings season, the railroads clearly have a revenue headwind as carloads declined again in the latest week.
Jennifer Hamann will succeed Rob Knight on January 1, 2020.
But a lot depends on stabilizing global growth and an industrial recovery in the United States.
Amazon Air to begin flying at Dallas/Fort Worth regional hub next month
Hub Group believes “soft” intermodal volumes will begin to flatten out and that the 2019 peak shipping season will be similar to that of 2017.