Action may be required on your Trains.com account in order to continue accessing content. Click here to learn more.
A website screen capture shows an artist’s rendering of an electric truck developed by automaker Tesla. Tesla website NEW YORK CITY — The most immediate threat to railroads is not autonomous trucking but electric powered trucks, which will arrive much sooner and will be significantly cheaper to operate than diesel rigs. That’s the conclusion of […]
E. Hunter Harrison Canadian Pacific NEW YORK CITY — CSX Transportation, Norfolk Southern, and Union Pacific executives insisted last week that Precision Scheduled Railroading is a formula for growth, not a way for the industry to cut its way to prosperity. The three railroads have stored thousands of locomotives and freight cars, idled yards, and […]
The Northbound Saluki speeds through Buckley, Ill., before the 60 mph restriction was imposed by CN. Bob Johnston CHAMPAIGN, Ill. – U. S. Rep Rodney Davis, R–Ill., says legislation proposed by U.S. Sen Dick Durbin, D–Ill., is “a premature step right now,” the Champaign News Gazette is reporting. The comments came at a news conference […]
UP CEO Lance Fritz Union Pacific NEW YORK CITY — Industrial products traffic has been a lone bright spot for Union Pacific this year as plastics, petrochemical, and construction-related carload volume has continued to grow on the U.S. Gulf Coast. But UP has reduced car handlings enough through Precision Scheduled Railroading that it still does […]
NEW YORK — Canadian Pacific will upgrade Central Maine & Quebec trackage so that the route linking Montreal and Atlantic ports can handle premium intermodal and automotive traffic, Chief Marketing Officer John Brooks told the RailTrends 2019 conference on Friday. CP announced this week that it will acquire the CM&Q from Fortress Transportation and Infrastructure […]
SHELL ROCK, Iowa — The new Butler Intermodal Terminal in Shell Rock will be the hub for an internationally focused intermodal service to be offered by Iowa Northern Railway, Union Pacific, Watco Cos., and logistics firm Valor Victoria. The service will launch in December. It is designed to provide an alternative to larger Midwest rail […]
Association of American Railroads WASHINGTON — The Association of American Railroads today reported U.S. rail traffic for the week ending Nov. 16, 2019. For this week, total U.S. weekly rail traffic was 501,249 carloads and intermodal units, down 8.4% compared with the same week last year. Total carloads for the week ending Nov. 16 were […]
WASHINGTON – U.S. Secretary of Transportation Elaine L. Chao today announced significant plans to advance highway-rail grade crossing safety this week. The announcement comes as the Federal Railroad Administration hosted a grade-crossing safety summit, with remarks from FRA Administrator Ron Batory, Acting Department of Transportation Deputy Secretary Steve Bradbury, and Federal Highway Administration Deputy Administrator […]
Union Pacific CEO Lance Fritz Union Pacific OMAHA, Neb. — The Trump Administration’s trade battle with China has gone too far and will do serious damage to the U.S. economy the longer tariffs remain in place, Union Pacific CEO Lance Fritz says. About 40% of UP’s traffic originates or terminates outside the U.S., so trade […]
KANSAS CITY, Mo. — Kansas City Southern Railway has released details of the second phase of Precision Scheduled Railroading it is introducing to its Mexican subsidiary. With a planned Dec. 2 rollout for Phase Two, Kansas City Southern de Mexico will consolidate trains, move certain Laredo, Texas, terminal work to the Mexican side of the […]
NASHVILLE, Tenn. — Canadian National is more focused on growing with its customers than railroads that are currently implementing Precision Scheduled Railroading, a shipper noted at an investor conference this week. How did CN transition from an emphasis on profit margins, he asked, to one of growth? “We are, as you say, the pioneers of […]
Jim Foote, CSX Corp. CEO CSX Corp. NASHVILLE, Tenn. — Dramatic improvements in service reliability will enable CSX Transportation to grow faster than the overall economy over the long term, CEO Jim Foote told an investor conference this week. That would be an accomplishment: Since 2011, CSX’s overall traffic volume has been flat while the […]
