Clik here to view.
CP: Proposed merger would "alleviate" Chicago congestion
Written by: Carolina Worrell, Managing EditorFollowing a letter submitted to the U.S. Department of Justice in which Canadian Pacific accused several Class I railroads of joining forces to put a stop...
View ArticleClik here to view.
Keybanc's Barger: Railcar builders in a relatively good place
Written by: William C. Vantuono, Editor-in-ChiefSteve Barger of KeyBanc Capital Markets attended the Midwest Association of Rail Shippers Conference, where, in conversations with railcar OEMs, lessors...
View ArticleClik here to view.
BNSF selects MOBI to manage mobile workforce and M2M management
Written by: Carolina Worrell, Managing EditorBNSF Railway has selected MOBI as its partner to provide more efficient mobile device management across its network of employees and machines, MOBI...
View ArticleClik here to view.
Carload traffic down, intermodal flat
Written by: Carolina Worrell, Managing EditorFor the week ending Jan. 16, 2016, total U.S. rail traffic was 506,433 carloads and intermodal units, down 8.2% compared with the same week in 2015, the...
View ArticleClik here to view.
CP falls short of analyst expectations
Written by: Carolina Worrell, Managing EditorAmid a North-American-wide slump in traffic volume, falling prices for railroad-transported commodities like coal and oil, and an economy that appears to be...
View ArticleClik here to view.
Changes at the top for WSP | Parsons Brinckerhoff
Written by: William C. Vantuono, Editor-in-ChiefWSP | Parsons Brinckerhoff on Jan. 21, 2016 announced four senior management appointments in its U.S. Transportation and Infrastructure sector. Bernie...
View ArticleClik here to view.
Volume declines impact UP financials
Written by: Carolina Worrell, Managing EditorLike all North American railroads, Union Pacific has been experiencing volume declines. As a result, the railroad’s financial performance has suffered, for...
View ArticleClik here to view.
Jason Seidl: CP "still a good play for patient investors"
Written by: William C. Vantuono, Editor-in-ChiefCanadian Pacific’s fourth-quarter and full-year 2015 financial results were slightly below analyst expectations yet “still solid given the macro...
View ArticleClik here to view.
KCS reports difficult fourth quarter
Written by: Carolina Worrell, Managing EditorKansas City Southern (KCS) on Jan. 22, 2016 reported fourth-quarter 2015 revenues of $598 million, a decrease of 7% from fourth-quarter 2014. Overall,...
View ArticleClik here to view.
M&E defies the odds and grows traffic
Written by: William C. Vantuono, Editor-in-ChiefIn the midst of a freight traffic downturn that is significantly impacting Class I railroads, short line Morristown & Erie Railway (M&E) posted...
View ArticleClik here to view.
CN's Mongeau back at the throttle
Written by: William C. Vantuono, Editor-in-ChiefCN President and CEO Claude Mongeau has returned to work after fully recovering from a surgical procedure and will lead the company’s Jan. 26, 2015...
View ArticleClik here to view.
FSM wins two major Amtrak contracts
Written by: Carolina Worrell, Managing EditorFirst State Manufacturing (FSM) announced on Jan. 20, 2016 that it has been awarded two new multi-year contracts with Amtrak to provide repair and...
View ArticleClik here to view.
Siemens completes first Brightline coach carshell
Written by: William C. Vantuono, Editor-in-ChiefBrightline, the higher-speed passenger rail service being developed by Florida East Coast Industries subsidiary All Aboard Florida, and Siemens Rolling...
View ArticleClik here to view.
MARS elects 2016 officers
Written by: Carolina Worrell, Managing EditorThe Midwest Association of Rail Shippers (MARS) elected its 2016 slate of officers at the annual winter meeting earlier in January. Michael Jones,...
View ArticleClik here to view.
BNSF 2016 capex: $4.3 billion
Written by: Carolina Worrell, Managing EditorBNSF Railway Company (BNSF) on Jan. 26, 2016 announced a $4.3 billion 2016 capital expenditure plan that “will focus on helping to ensure the company...
View ArticleClik here to view.
CN Milton Logistics Hub moving along
Written by: William C. Vantuono, Editor-in-ChiefCN’s program to build its new, C$250 million Milton Logistics Hub in Ontario is moving ahead with a formal application to the Canadian Transportation...
View ArticleClik here to view.
For CN, strong, solid financials in a tough year
Written by: William C. Vantuono, Editor-in-ChiefDespite decreases in carloadings and revenue ton-miles, CN on Jan. 26, 2015 posted solid financials for fourth-quarter and full-year 2015. Significant in...
View ArticleClik here to view.
AAR issues first-ever ‘State of the Industry Report’
Written by: Carolina Worrell, Managing EditorThe Association of American Railroads (AAR) on Jan. 27, 2016 released its first “State of the Industry Report” focusing on the key challenges,...
View ArticleClik here to view.
Weekly carload traffic down nearly 20%
Written by: Carolina Worrell, Managing EditorFor the week ending Jan. 23, 2016, total U.S. rail traffic was 490,324 carloads and intermodal units, down 10.5% compared with the same week in 2015, the...
View ArticleClik here to view.
NS: New strategic plan follows a challenging year
Written by: William C. Vantuono, Editor-in-ChiefThough Norfolk Southern’s fourth-quarter and 2015 financial results aren’t all that different from those of most other Class I railroads, NS has been...
View Article