North-American rail

With Canadian National Railway set to elevate its chief financial officer into the CEO’s chair, it is replacing Claude Mongeau as CFO with a senior executive from a large holding company that sp

Union Pacific Railroad is paying out $228,000 in civil penalties and related costs to settle environmental complaints linked to its 2005 removal of some railroad-owned huts.

The Childrens Investment Fund Management, the aggressive hedge fund that last year waged a fierce and successful fight to install new directors on the CSX board to reshape the railroad, no longer hold

Burlington Northern Santa Fe profits in the first quarter fell 36 percent to $293 million as freight volume declined dramatically and an unfavorable coal rate case decision slashed revenue.

Consol Energy, signaling a weakening market for coal shipping this year, cut its production forecast for the year because of reduced demand.

Sharp decreases in operating costs at Union Pacific couldn’t put the brakes on a runaway first-quarter decline in railroad revenue and profit that threatens to gain speed as volumes plummet.

Canadian Pacific Railway profits fell 31 percent in the first quarter to $50.9 million.

For the fourth consecutive week, U.S.

W.

A former regulator at the Surface Transportation Board, W.

Profit at one of the largest eastern-U.S.

An aged BNSF Railway bridge on the Upper Mississippi River, which the Coast Guard considers a hazard to barge traffic and other navigation, will be rebuilt with the aid of Recovery Act funds.

Claude Mongeau will replace E. Hunter Harrison at the end of this year as president and CEO of Canadian National Railway, the company said.

Canadian National Railway revenue and operating income took a hit from the tough economic environment but net earnings improved year-over-year in the first quarter after including some exceptional ite

* BNSF Eyes Route to Electric Trains

The Surface Transportation Board tried to launch a big hearing on the most controversial issues it regulates – competition between railroads and access to rail service for shippers – but i

A railroad executive, opening a new line of opposition to efforts to tighten antitrust oversight of the industry, said Friday carriers could seek federal compensation if the plan undercuts deals th

Bulk freight volume at major U.S.

By the middle of February, employment levels at the U.S. operations of the seven Class I railroads had been set back by four years.

The Surface Transportation Board will air out some of the most controversial issues between railroads and their customers, in a wide-ranging public hearing on competition issues May 18 and 19.

Rail giant CSX said its profit fell 30 percent to $246 million in the first three months of 2009, as revenue fell 17 percent to $2.25 billion.

Canadian National Railway reported 50 instances when its trains or those of a short line it bought blocked road crossings in the Chicago area, in the first two months since it took over those tracks e

"It's really going to have to be a federal vision, with some federal funding."

"What he’s really talking about ... is Phase I of the Interstate II idea.”

"It's not a technology leap. It's an incremental move."

At the Federal Energy Regulatory Commission, Chairman Jon Wellinghoff has been thinking about freight railroads.

"You at least have to start with a dual locomotive."

As efforts continue in Congress to craft a new rail competition bill that shippers and railroads can both accept, a top railroad CEO says the pivotal lawmakers understand the need for rail firms to ea

Another week of unusually tough springtime weather, on top of a still-bad economy, left bulk railcar volume down 20.5 percent in the latest week for major U.S. railroads.

Although the Red River is subsiding in North Dakota so that railroads can start to dig out or mop up from heavy flooding, damage reports are still coming in.

It is a measure of how bad things are in the rail supply market that equipment builder Greenbrier spent much of its latest earnings announcement talking about ways it is guarding its cash position.

As he settles in as the new head of the Surface Transportation Board, the changes that Francis P. Mulvey brings may be more of emphasis than direction.

The new head of the Surface Transportation Board wants to fix some of the agency's creaky infrastructure.

Debt rating agency Standard & Poor’s took railroad operator Kansas City Southern off its CreditWatch list, after the company’s Mexican subsidiary privately sold $200 million in seven-y

BNSF is taking advantage of the slack in freight volume this year to cut time off its intermodal services but saying those improvements will outlast the downturn.

Canadian Pacific Railway temporarily shut down its line that connects the cities of Emerson and Winnipeg, after Red River flooding pushed out of North Dakota and across the Manitoba border into Canada

In many ways, cargo business on the West Coast can be as much about railroad operations as port operations.

The Surface Transportation Board may be on a path toward big changes in the way it oversees railroad rates and service.

Norfolk Southern Railway said its train system and industrial development work helped spur more than $2.2 billion in new shipper facilities or expansions last year.