Intermodal traffic continues to drive overall rail volume

Association of American Railroads statistics table

WASHINGTON — Intermodal strength continues to be the defining characteristic of U.S. rail traffic, according to the latest weekly statistics from the Association of American Railroads. For the week ending Jan. 16, 2021, the total rail traffic of 528,547 carloads and intermodal units was up 5.8% over the corresponding week in 2020 — thanks to […]

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Safety Train adds LNG car for first-responder training

Tanker car

SHERBORN, Mass. — The Firefighters Education and Training Foundation has added a DOT 113 cryogenic tank car, the type approved for movement of liquefied natural gas, to its Safety Train program. Acquisition of the one-of-a-kind training car was possible through a joint effort of the Federal Railroad Administration, which donated the car, and insight and […]

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Class I earnings expected to rise

Front of train

The publicly traded Class I railroads will begin reporting their fourth-quarter and full-year financial results Thursday, when Union Pacific and CSX Transportation release their earnings. As a group, earnings for the six Class I systems are expected to rise 5.5%, according to I/B/E/S consensus estimates. That’s far better performance than is anticipated for the large […]

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Digest: Former NYC transportation commissioner Trottenberg nominated as Deputy Secretary of Transportation

Tuesday morning rail news: Trottenberg, former NYC transportation commissioner, nominated as deputy transportation secretary Former New York City Department of Transportation Commissioner Polly Trottenberg will be nominated as U.S. Deputy Secretary for Transportation, the transition team for President-elect Joe Biden has announced. A press release announcing the appointment calls Trottenberg “a nationally recognized transportation leader […]

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