FORT WORTH, Texas — BNSF Railway and COFC Logistics today announced an expansion of COFC’s service into the Eastern U.S. and Mexico. The move allows COFC Logistics, which has a fleet of more than 8,000 containers, to deliver increased container availability to intermodal marketing companies. COFC sells container space and train capacity to intermodal marketing […]
NICHOLASVILLE, Ky. — R.J. Corman Railroad Group on Thursday (Sept. 11) announced the promotion of three executives, saying the move will “strengthen and optimize the senior team with tenured employees of who demonstrated proven senior leadership.” Promoted are: — Shannon Drown, now chief commercial officer-railroad. She will have responsibility for directing the commercial teams for the […]
CALGARY, Alberta — Genesee & Wyoming Canada will build and operate a rail terminal that will serve a new Gasia Energy Corp. complex in the Alberta Industrial Heartland northeast of Edmonton. G&W announced today that a new subsidiary, Alberta Heartland Railway, has entered into various agreements with Gasia, including the long-term lease of more than […]
LAGUNA BEACH, Calif. — Canadian National and CSX executives today touted cooperation — not combination — as the best way to convert freight from highway to rail. While Union Pacific has proposed an $85 billion acquisition of Norfolk Southern to create the first transcontinental railroad in the U.S., CN CEO Tracy Robinson says interline partnerships […]
BALTIMORE — CSX plans to resume operations through the Howard Street Tunnel and over its hurricane-damaged Blue Ridge Subdivision ahead of schedule, CEO Joe Hinrichs said today. Trains will begin running through the Howard Street Tunnel in Baltimore during the last week of September. The tunnel on CSX’s I-95 corridor has been closed since Feb. […]
WASHINGTON — President Donald Trump has nominated railroad industry consultant Richard Kloster for an initial five-year term as a member of the Surface Transportation Board, and re-nominated current member Michelle Schultz, FreightWaves has learned. The nominations now go to the Senate for confirmation. The nominations are critically important, as the board will soon consider the […]
NEW YORK — New York Gov. Kathy Hochul declined to say Wednesday whether she would ask President Donald Trump to appoint a Presidential Emergency Board to head off a potential strike by five Long Island Rail Road unions, and claimed that the Trump administration was responsible for the possibility of a walkout as soon as […]
EDMONTON, Alberta — The Canada Infrastructure Bank has reached financial close on a $72.1 million (U.S.) loan to Cando Rail & Terminals for expansion of its Sturgeon Terminal in the Alberta Industrial Heartland. The project will double the size of the terminal, which currently handles car supply for a dozen industrial customers in the Edmonton […]
WASHINGTON — U.S. rail traffic showed one of its biggest single-week dips compared to 2024 for the week ending Sept. 6, with volume down 2.4% compared to the same week a year ago. According to the Association of American Railroads, volume for the week was 467,880 carloads and intermodal units. That included 214,383 carloads, down […]
WASHINGTON — Though outsiders were not permitted to comment or ask questions, the online Amtrak board of directors meeting today (Wednesday, Sept. 10) was much more informative than the previous edition, in large part because of interrogation by board members following company executives’ presentations and candid admission of where results are falling short. The last […]
LAGUNA BEACH, Calif. — Norfolk Southern CEO Mark George says the rail industry is ready to put periodic service crises in the rearview mirror — and regain market share lost to trucking in the process. “We went through … more than a decade where service crises happened every couple of years,” George told an investor […]
LAGUNA BEACH, Calif. — Union Pacific CEO Jim Vena and Norfolk Southern CEO Mark George say the interline partnerships that BNSF, CSX, and Canadian National have announced recently are proof that the proposed UP-NS merger will boost railroad competition. “Just the mere idea of having a transcontinental railroad has already enhanced competition … And I […]
