U.S. rail traffic shows modest gain in May

Green and yellow locomotive leading freight train

WASHINGTON — U.S. rail traffic was up 1% in May over the same month in 2023, the fourth straight month of modest gains over the previous year, according to the Association of American Railroads. Traffic for the week ending June 1 was also up over the same week a year earlier. May volume included a […]

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Watco welcomes new Oklahoma short line into its stable

Watco logo, new version as of 2022

Watco recently began operating its 46th short line, the 3-mile Verdigris Southern Railroad (VESO) that serves the Port of Inola in Oklahoma. VESO serves one customer at the inland port, paper products company Sofidel America. Sofidel’s paper mill received its first seven boxcars of compressed wood pulp in mid-April, Watco reports in its June newsletter. […]

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Norfolk Southern’s Loeb discusses railroad’s growth strategy at ‘Future of Supply Chain’ event (updated)

Man gesturing while speaking

ATLANTA — After the turmoil of Norfolk Southern’s proxy fight against an activist investor last month, the railroad’s Stefan Loeb says the shareholders’ vote showed confidence in management’s strategy. While board chair Amy Miles lost her position, Norfolk Southern’s management mainly prevailed in the vote to retain control of the Class 1 railroad, with Ancora […]

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Tom Williams named chief marketing officer at BNSF Railway

FORT WORTH, Texas — BNSF Railway today announced that Chief Marketing Officer Steve Bobb will retire in August after more than 36 years of service. Tom Williams, who currently serves as group vice president, consumer products, will succeed Bobb as executive vice president and chief marketing officer, effective Sept. 1. Jon Gabriel, currently vice president, […]

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