Association of American Railroads WASHINGTON — The Association of American Railroads today reported U.S. rail traffic for the week ending Feb. 8, 2020. For this week, total U.S. weekly rail traffic was 485,329 carloads and intermodal units, down 6.6% compared with the same week last year. Total carloads for the week ending Feb. 8 were […]
OTTAWA — Canada’s Transport Minister, Marc Garneau, has announced new speed restrictions for trains carrying 20 or more cars of hazardous cargo in the wake of the derailment and subsequent fire of a Canadian Pacific train earlier today (Feb. 6) in Saskatchewan. Effective at midnight on Friday, such trains will be limited to 20 mph […]
WASHINGTON — A Chicago alderman told members of the House Subcommittee on Railroads, Pipelines, and Hazardous Materials that the lives of his constituents were being disrupted because of blocked crossings. During a hearing on Wednesday about grade crossing safety, 19th Ward Alderman Matthew O’Shea told members of Congress about people being late to work and […]
Canadian National CEO J.J. Ruest Canadian National WAUKESHA, Wis. — Executives from at least three Class I railroads will be speaking at investors conferences in the coming weeks, according to news releases from the railroads. Canadian National Canadian National’s CEO J.J. Ruest is expected to speak at the Citi 2020 Global Industrials Conference in Miami […]
Association of American Railroads The Association of American Railroads today reported U.S. rail traffic for the week ending February 1, 2020, as well as volumes for January 2020. U.S. railroads originated 1,165,733 carloads in January 2020, down 5.9%, or 73,110 carloads, from January 2019. U.S. railroads also originated 1,245,080 containers and trailers in January 2020, […]
NJ Transit trains meet in Elizabeth, N.J., in August 2019. A highly critical state auditor’s report says the commuter railroad is at risk of missing the deadline for positive train control implementation, among other issues. TRAINS: David Lassen Friday morning rail news of note: — A state auditor’s report says NJ Transit is at risk […]
WASHINGTON – One of the nation’s largest railroad unions is suing the National Mediation Board after the government agency appointed an arbitrator to handle the issue of crew size, forcing the labor group to deal with a matter they had hoped to avoid during the upcoming round of national bargaining. The National Railway Labor Conference, […]
A Canadian Pacific stack train, with a few auto racks tacked onto the front end, passes through Wauwatosa, Wis., on Jan. 28, 2020. CP reported record results in its quarterly earnings call Wednesday. TRAINS: David Lassen Canadian Pacific CEO Keith Creel TRAINS: David Lassen CALGARY, Alberta – Canadian Pacific, the lone Class I railroad to […]
Keith Creel, Canadian Pacific CEO Canadian Pacific CALGARY, Alberta — Canadian Pacific CEO Keith Creel is excited about his railway’s return to Eastern Canada with its $130 million acquisition of the 481-mile Central Maine & Quebec Railway. CP sold off its routes east of Montreal, including what became the CM&Q and J.D. Irving short lines […]
NORFOLK, Va. — Norfolk Southern’s profits and revenue fell in the fourth quarter amid broad traffic declines led by a 21% drop in coal volume, the railroad reported today. For the quarter, the railroad’s operating income declined 11%, to $962 million, as revenue fell 7%, to $2.9 billion. Earnings per share slumped 1%, to $2.55. […]
OMAHA, Neb. — Union Pacific next month will resume intermodal service in nearly 60 interline lanes it dropped last year under its shift to a Precision Scheduled Railroading operating model and its emphasis on a simplified network. Since late 2018 UP has scrapped service between hundreds of intermodal points it jointly served with CSX Transportation […]
Association of American Railroads WASHINGTON — The Association of American Railroads reported U.S. rail traffic for the week ending Jan. 18, 2020, this week. For this week, total U.S. weekly rail traffic was 499,732 carloads and intermodal units, down 8% compared with the same week last year. Total carloads for the week ending Jan. 18 […]
