GATX to buy 15,000 railcars from Trinity Rail

Logo of rail equipment leasing firm GATX

CHICAGO — GATX Corp. will purchase 15,000 new railcars, including at least 6,000 tank cars, from Trinity Industries subsidiary Trinity Rail in 2023 through 2028, with an option for an additional 500 in each of those years. Trinity’s announcement said the deal is valued at $1.8 billion. The agreement announced Monday calls for 1,200 tank […]

Read More…

STB gets an earful about KCS-NS Meridian Speedway joint venture

NS9656

WASHINGTON – Surface Transportation Board members appear skeptical about CSX Transportation’s bid to force its way on to the Kansas City Southern-Norfolk Southern Meridian Speedway. The Meridian Speedway — which runs from Meridian, Miss., to Shreveport, La., — is the shortest, fastest route between the Southeast and Southwest. NS and KCS formed the Meridian Speedway […]

Read More…

Class I railroads’ chemical carload growth continues amid economic uncertainty: Analysis

Blue and yellow locomotives with a string of tank cars

CHICAGO — U.S. Class I railroads continue hauling more chemicals than before, an area of growth even though higher interest rates are raising fears that the U.S. economy could begin contracting. Railroads’ diverse chemicals portfolio supports manufacturing, automotive, energy, and a hodgepodge of other industries, indicative that growth within this carload segment is generally a […]

Read More…

UP, BNSF say CP-KCS merger traffic will melt down Houston terminal

Train of auto racks meets locomotives

WASHINGTON – Canadian Pacific and Kansas City Southern executives say there’s plenty of capacity in Houston to handle the eight additional trains per day they’ll run through the busy terminal within three years after their merger. But Union Pacific and BNSF Railway told federal regulators, in testimony Thursday and Friday, that they have grave concerns […]

Read More…

Regulators add three days to CP-KCS hearing

Surface Transportation Board logo

WASHINGTON – The three-day Surface Transportation Board hearing on the proposed Canadian Pacific-Kansas City Southern merger has ballooned to a six-day hearing. Testimony and questioning are taking longer than anticipated, STB Chairman Martin J. Oberman said at the start of the session this morning (Friday, Sept. 30) , which had been scheduled to be the […]

Read More…

Duncan to lead Norfolk Southern’s combined Transportation, Network Operations organization

Head shot of smiling man in coat and tie

ATLANTA — Norfolk Southern is revising its managerial structure, creating a combined Transportation and Network Operations organization to be led by Paul B. Duncan. Duncan, who is being promoted to senior vice president, transportation and network operations, will lead a team responsible for designing network operations, executing network plans, and coordinating train movements, the railroad […]

Read More…

FRA study sees issues with locomotive cab automation

Image of computer screen

WASHINGTON — A Federal Railroad Administration-sponsored study on the use of locomotive cab automation systems found human errors occurred in three of 10 sessions in a locomotive simulator, and recommends further training on the systems for engineers, conductors and dispatchers. The study, “Human Error Analyses Associated with Locomotive Cab Automation,” also calls for further study […]

Read More…

Senator introduces bill to address common-carrier rules

Trains Washington Watch logo

WASHINGTON — U.S. Sen. Tammy Baldwin (D-Wis.) introduced a bill this week seeking to better define railroads’ common-carrier rules and establishing criteria for the Surface Transportation Board to consider when assessing complaints about service issues, as well as a timeline to do so. Baldwin says in a press release that the “Reliable Rail Service Act,” introduced […]

Read More…