North-American rail

The top economic regulator of U.S.

Rail carriers and their customers were encouraged by the brief peak shipping season this fall and anticipate modest growth in traffic in 2010.

The planned purchase of BNSF Railway by Warren Buffett’s Berkshire Hathaway could cause a change in how the Surface Transportation Board calculates a key cost formula that helps it shape some ra

The U.S. lines of the seven Class I railroads trimmed another 408 jobs as of mid-October from a month earlier, taking their total employment level down to a new low.

After Warren Buffett’s Berkshire Hathaway concludes his deal to buy up BNSF Railway, the investor says he will expect a “reasonable return” on any added capital investment he puts in

Pennsylvania’s governor joined with Philadelphia’s mayor and the chairman, president and CEO of eastern-U.S.

Investor Warren Buffett said his Berkshire Hathaway firm has moved quickly to shed its holdings in railroads other than BNSF Railway, which it plans to buy out for $26 billion.

Intermodal marketing companies, middleman firms that arrange either all-highway or combined rail-truck shipments for clients such as factories or retail stores, used trains for a greater share of thei

Despite all the talk that weak intermodal volumes this year meant there was not really a normal “peak,” the major industry group that tracks shipments says traffic actually rose this fall

Shippers and carriers expect there will be sufficient capacity in the domestic transportation system to handle the modest growth in traffic that will occur in the coming year, but eventually there wil

Bulk railcar loadings slipped while intermodal traffic picked up in the latest week for major railroads operating in the United States.

West Coast port directors and executives from the two Class I western railroads meeting in China cited their region's deep-water ports and extensive ocean and intermodal rail services as reasons why t

The rail reform bill being prepared for the Senate Commerce, Science and Transportation Committee is unlikely to strip railroads of their limited antitrust immunity, said a key Republican senator.

The planned purchased of BNSF Railway by Warren Buffett’s Berkshire Hathaway will not trigger a special compensation package for the railroad’s CEO, who plans to stay aboard and has offici

Before it completes its deal to buy out the rest of BNSF Railway, Warren Buffett’s Berkshire Hathaway will divest its shares of Union Pacific Railroad and Norfolk Southern Railway.

The first two of GE Transportation’s PowerHaul locomotives have arrived in the United Kingdom for the Freightliner Group freight rail line, marking GE’s first entry to European markets wit

Asking for changes to the controversial approval of a key rail merger, Chicago suburbs and the Illinois Department of Transportation managed to get a split decision out of the Surface Transportation B

The head of BNSF Railway said he has shopped the planned acquisition by Warren Buffett’s Berkshire Hathaway among U.S. policymakers in Washington, D.C., and gotten a favorable response.

Days after its deal to become a unit of Warren Buffett’s Berkshire Hathaway holding company, BNSF Railway said it forged a tentative multi-year labor contract agreement with its train engineers.

Trucking and intermodal shipment operator J. B.

New loadings of bulk railcar traffic declined mildly in the final week of October at major U.S.

Credit risk evaluator Fitch Ratings warned it may cut Berkshire Hathaway’s debt ratings over its $26 billion buyout of BNSF Railway.

A purchase of U.S. freight rail giant BNSF Railway by Warren Buffett’s Berkshire Hathaway could lead Standard & Poor's Ratings Services to upgrade its assessment of BNSF debt.

Pacer International, seeking to settle a contracting issue central to the company’s intermodal business, announced Tuesday it reached a multi-year agreement with Union Pacific Railroad for new r

The planned purchase of BNSF Railway by Berkshire Hathaway underscores the value of railroads generally, according to Wall Street analysts.

The Clorox Co. says it will stop using chlorine in its signature bleach product because of growing concerns over the safety and oversight of transporting the product on railroads.

Norfolk Southern Railway and Pennsylvania’s state government will spend $11 million to expand track and parking in the railroad’s Philadelphia Navy Yard intermodal facility.

Warren Buffett’s Berkshire Hathaway announced Tuesday it will buy the Burlington Northern Santa Fe railroad in a transaction worth an estimated $34 billion.

The prices of the kinds of commodities that manufacturers around the world use to make industrial products hit a record high in the week at the end of October, according to the Industrial price Index

Shippers in the National Industrial Transportation League are firm in wanting an expected rail regulatory reform bill to strip railroads of a limited exemption they enjoy from antitrust laws, said NIT

The chairman of the Surface Transportation Board is filling his remaining top staff job with a lawyer who has represented industrial firms before regulatory agencies, giving him a pair of senior aides

Traffic edged higher for major U.S. railroads in the week ending Oct. 24, as both carloads and intermodal pickups rose from a week earlier, said the Association of American Railroads.

Kansas City Southern, smallest of the seven Class I railroads, saw net income fall 47 percent from a year earlier to $25.8 million in the third quarter.

Norfolk Southern Railway’s third-quarter profit fell 41.7 percent from a year earlier to $303 million, as rail revenue fell 28.7 percent to $2.063 billion.

Canadian Pacific Railway’s profit of $183 million in the third quarter increased 14 percent from $161 million in 2008.

Canadian National Railway will have to expand its monthly reporting to regulators about its newly acquired short line outside Chicago, as the Surface Transportation Board said the reports must include

An activist rail shippers’ lobbying group pushed back hard against an industry proposal for Congress to make only limited change in laws governing rail competition.

An advisory panel of railroads and freight shippers that meets regularly with the Surface Transportation Board is urging Congress to adopt cargo switching rules favored by shipper groups, but it bogge

BNSF Railway’s profit of $488 million in the recession-struck third quarter was down 29.8 percent from a year earlier, as revenue fell 26.7 percent to $3.49 billion.

Major U.S. railroads continued to load their trains last week at a pace close to recent levels, in keeping with a freight recovery that is now moving in a narrow volume range.