Rail News

Canadian National Railway is taking a cautious track toward its goal of speeding up rail service around the congested Chicago Freight hub.

The largest railroads operating in the U.S. shed another 1,922 jobs from mid-May to mid-June, leaving 11,575 fewer rail jobs than six months ago.

The Port Authority at Vancouver, British Columbia, is canvassing its options, including legal action, after Canadian National Railway switched its rail service to trucks for three of the port's four c

BNSF Railway struck a different course than most freight companies amid the sharp traffic slump, actually increasing its profit 15.4 percent to $404 million from efficiencies in the second quarter.

North American short lines got some good news for a change in the latest reading of traffic counts, as an industry index showed the highest shipment counts in a month.

Freight traffic at major U.S.

GATX, a railcar and maritime asset leasing provider, earned a profit of $12.7 million on total gross income of $288.1 million in the second quarter. Gross income was down 24 percent.

Union Pacific Railroad posted a $468 million profit in the April-June quarter, a 12 percent fall in income that was milder than the plunge in traffic counts, as the railroad cut costs and boosted some

Intermodal firm Hub Group’s 45 percent drop in net profit, to $8.3 million, still left it with “respectable returns even in this difficult freight environment” for all its lines of b

At a time when normal rail freight traffic has plunged, Canadian National Railway is revving up its jet fuel hauls at Toronto’s Lester B. Pearson International Airport.

Canadian National Railway’s profit fell 16 percent in the second quarter to $352 million, but President and CEO E.

The head of Norfolk Southern Railway used remarks to the National Governors Association to promote multi-state NS intermodal corridor programs as a way for states to help fight highway congestion and

There is plenty of pain in the latest earnings report by railcar builder Greenbrier, reflecting the damage the sharp recession is inflicting on industry suppliers.

CSX Transportation, like the other big North American railroads, is rolling fewer trains, paying fewer workers and handling less cargo than last year, but as the first rail line to report second-quart

Kansas City Southern and Wallenius Wilhelmsen Logistics will open a vehicle distribution center for automaker Nissan near Houston, using the new rail segment KCS opened there this month.

Short line railroads across North America showed just a mild uptick in traffic after the holiday-shortened July 4 week, leaving traffic weaker than during June for the seven days ending July 11.

Kansas City Southern is celebrating a new rail segment in Texas this week that it hopes can open a new era in its cross-border freight traffic and nab more intermodal loads.

Norfolk Southern Railway said it plans to build a $129 million Memphis Regional Intermodal Terminal east of that city in Rossville, Tenn., with a targeted opening date of January 2012.

Carloadings of bulk materials and machinery rose in the latest week to the strongest level in three months at major U.S. railroads, as freight picked up after the slow July 4 holiday period.

APM Terminals in Aarhus, Denmark, has started a new rail shuttle service from the Port of Aarhus to Copenhagen.

Transportation executives looking for clues as to when the U.S.

CSX Transportation saw revenue fall 24.8 percent and net profit drop 20 percent on a sharp decline in shipping in the second quarter, but the railroad still managed a $308 million profit and said it m

Rail industry sources expect a Senate committee to soon unveil a bill that would overhaul railroad regulations and alter the Surface Transportation Board.

A controversial 2007 plan to merge two large labor groups in the AFL-CIO, the United Transportation Union of train conductors and other rail workers with the Sheet Metal Workers International Associat

President Obama is filling out his team to regulate railroads.

Will shorter work assignments equate to the same pay for unionized rail workers? A federal court has been asked to decide.

At a time when North American railroads are idling equipment and workers, slashing capital project spending and trying to ride out a severe traffic slump, Kansas City Southern is celebrating the compl

As it struggles to stay on track and regain speed, Pacer International faces a deadline.

Intermodal Traffic may be down, but the companies that put containers and trailers on trains aren’t out for the count.

Short line railroads surveyed for the RMI RailConnect index hauled 85,276 combined carloads and intermodal units in the week ending July 4, well ahead of the Memorial Day week at the end of May but no

Major U.S. railroads reported stronger traffic over the July 4 holiday period than over the Memorial Day week, and had the lowest decline in year-over-year numbers since March.

In a significant step that will help speed freight movements in the country, Indian Railways announced plans to operate container trains with fixed schedules and assured transit times.

President Obama nominated Daniel R. Elliott III, an associate general counsel at the United Transportation Union, to become the next chairman of the Surface Transportation Board.

Freight traffic at major U.S.

Despite faint signs that parts of the freight industry are bottoming out or even picking up after a long slide, don’t look for bunches of “green shoots” to push through the tracks.

An impending cap on hours worked by train crews has major U.S. railroads wanting to alter pay agreements to reflect the curbs, and they have asked a federal court to quickly step in.

The Cass Freight Index of domestic U.S.

Pacer International, one of the top consolidators of domestic intermodal shipments on the nation’s railroads, said it has negotiated a compliance waiver for its credit leverage amount with a syn

Union Pacific Railroad sold 33 track miles north of Denver to Colorado’s Regional Transportation District for $118 million, in the first and largest of four land transfer deals to develop commut

In counting up railroads that are spending time on the possibilities of electrified freight train operations, don't include CSX Transportation.