WASHINGTON — An array of shipper groups has asked the Biden administration to head off a potential railroad strike. Trade associations representing manufacturers, farmers, food and beverage producers, and retailers sent a letter to President Joe Biden on Thursday urging the White House to work with railroads and unions to ensure that tentative contract agreements […]
CALGARY, Alberta – Canadian Pacific reported double-digit growth in revenue and earnings in the third quarter, as overall volume grew 10% and intermodal and potash traffic set new records. “Throughout the year, we have said 2022 would be a tale of two halves and that is exactly how it is unfolding,” CEO Keith Creel said […]
WASHINGTON — Press Secretary Karine Jean-Pierre said Wednesday that the Biden Administration “is in regular contact” with the two sides in the ongoing dispute and negotiations between railroads and their unions, but that she did not have anything to share about President Joe Biden’s “involvement specifically with the parties.” During a press briefing at the […]
GATINEAU, Quebec — Two rail-specific issues — failure by crew members to follow railway signal indications, and unplanned or uncontrolled equipment movements — are on the 2022 Watchlist of leading safety issues released Wednesday, Oct. 26, by the Transportation Safety Board of Canada. Three other issues on the eight-item list — fatigue, safety management, and […]
DENVER — Alpenglow Rail Services Corp and partner Connor, Clark & Lunn Infrastructure have acquired Alberta Midland Railway Terminal Ltd., the companies announced this week. The terminal, approximately 30 kilometers (18.6) miles east of Fort Saskatchewan, Alberta, in the Greater Edmonton region, becomes Alpenglow’s third rail terminal in Canada to go with three in the […]
FRONT ROYAL, Va. — Members of the Brotherhood of Railroad Signalmen have voted against ratification of the tentative agreement union leaders had reached with the U.S. Class I railroads on Sept. 15. Nearly 61% of the rank and file voted no, while 39% voted yes for the proposed contract. The two sides now will head […]
ATLANTA — Norfolk Southern on Wednesday reported record third-quarter financial results despite handling lower volume. “The Norfolk Southern team delivered strong financial results in the third quarter, achieving quarterly records for revenue, net income, and earnings per share,” CEO Alan Shaw said on the railroad’s earnings call with investors and analysts. NS’s operations also improved […]
BALTIMORE — Tradepoint Atlantic, developer of the former Sparrows Point steel mill at the Port of Baltimore, has announced plans for a 165-acre container terminal with on-dock rail as the next major step of redevelopment of the 3,300-acre site. The project, a partnership with Terminal Investment Limited, should lead to hundreds of new jobs during […]
MONTREAL — Canadian National posted record third-quarter financial results on Tuesday and boosted its outlook for the full year due to a combination of operational improvements, strong pricing gains, and traffic growth. CEO Tracy Robinson, who joined the railway on Feb. 28 and prioritized getting back to operational basics, said she was proud of the […]
CHICAGO — To weigh the significance of Tuesday’s groundbreaking for part of CREATE’s latest infrastructure project, consider the adage that “success has many fathers, but defeat is an orphan.” Then consider the 13 speakers and many other representatives from federal, state, county, and local government that were part of the ceremony for the Forest Hill […]
LAREDO, Texas — Kansas City Southern will hold a groundbreaking ceremony on Monday for the second span the railway is building over the Rio Grande at Laredo. The current International Railway Bridge linking Laredo with Nuevo Laredo, Mexico, is the busiest railroad freight gateway in North America. The U.S. ceremony will take place just south […]
WASHINGTON – Short line Eastern Maine Railway next month will acquire 45 miles of track in the Pine Tree State from Canadian Pacific’s Central Maine & Quebec subsidiary. Eastern Maine Railway, owned by the New Brunswick-based J.D. Irving Ltd., will gain 36.57 miles of main line along with nine miles of branch line trackage in […]
