Rail News

Partly to boost its cash levels, Canadian Pacific Railway said it plans to slash its joint ownership of the Detroit River Tunnel Partnership to just 16.5 percent from 50 percent now, while its pension

Canadian National Railway shifted four senior operations officials to new roles in running different parts of the railroad.

Canadian Pacific Railway is getting ready for the Red River flood to move north and possibly disrupt freight traffic there as it has in North Dakota.

It may be the oldest of the big U.S. freight lines, but Union Pacific Railroad this week pushed out an innovative Web site makeover that it says is part of a “brand refresh.”

Beginning May 1, MOL's Gator Guarantee will provide a service guarantee on the company's own vessel strings, the Pacific Southwest Express and Japan-American Shuttle.

Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico took its steepest dive ever in January to the lowest monthly dollar

The average retail price of diesel fuel soared 13.1 cents last week to $2.221 per gallon, according to the U.S. Energy Information Administration.

London -- Deutsche Bahn, Europe's biggest rail cargo carrier, reported higher earnings and revenue in 2008 compared with a year ago, even as freight traffic collapsed in the fourth quarter.

When President Obama reached into the labor ranks to choose the next chief of the Federal Railroad Administration, he handed the job of top rail safety regulator to someone who has spent years pursuin

The U.S.

Transportation labor applauded President Obama’s choice of Randy Babbitt, former chief of the Air Line Pilots Association, to be the next Administrator of the Federal Aviation Administration.

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A key rail customers’ lobby group is urging Congress to sharply expand the size of the Surface Transportation Board, to give the agency the muscle to regulate freight railroads more forcefully a

From Official Export Guide

Karen J. Rae takes office March 30 as deputy administrator of the Federal Railroad Administration, the first appointee by President Obama to move into the agency.

A key index of short line railroad traffic hit its worst percentage drop of 2009, falling 27.88 percent in the week ending March 21.

President Obama formally tendered the nominations of Joseph C. Szabo as administrator of the Federal Railroad Administration, and Linda A. Puchala to serve on the National Mediation Board.

The Indianapolis-based regional Indiana Rail Road wants the Surface Transportation Board quickly to approve its plan to build a 5.2-mile link to a large new coal mine.

Major freight railroads got another week of less-bad news, as the year-over-year carload decline was the mildest in the past four weeks.

The Port of Los Angeles is launching an incentive program to encourage ocean carriers to move more containers by rail into the port.

As chair of the full Environment and Public Works Committee, Senator Barbara Boxer, D-Calif., opened a hearing March 25 on the need for transportation investment in relation to the next highway, trans

The international president of the largest rail labor organization, the United Transportation Union, is calling for railroads and customers to settle their fight over rail industry regulation, and rea

Norfolk Southern Railway said Mark D. Manion will be chief operating officer of its parent corporation as of April 1, with the March 31 retirement of Stephen C.

Standard & Poor's Ratings Services, a major ratings agency for corporate debt, lowered its long-term corporate credit rating for Kansas City Southern to “B&r

Kansas City Southern is issuing more debt for its Mexican operations and may issue stock for its U.S.-based company, to boost liquidity as traffic and revenue fall.

Hub Group, one of the leading intermodal service middleman firms and a truck brokerage provider, said traffic and pricing have weakened its earnings outlook for the near term.

The Port of Seattle is postponing the acquisition of the BNSF Eastside Rail Corridor because of the continuing difficulty of raising capital in the nation's bond markets.

Talks between railcar manufacturer Greenbrier and General Electric’s car leasing unit to curb or delay a huge order “are currently stalled,” said Greenbrier President and CEO William

A new short line railroad that will speed intermodal service in the New England-New York corridor will start rolling as early as May after winning approval from federal regulators.

A fight between railroads and chlorine shippers is turning caustic.

North America’s small railroads continued reporting heavy traffic declines in the second week of March, as the RMI RailConnect index said volume for all cargo types fell 24.69 percent in the wee

President Obama said he plans to nominate Robert S.

Cross-country intermodal partners BNSF Railway in the West and CSX Intermodal in the East recently expanded their container service to more Southeast cities.

The Greenbrier Hotel filed for Chapter 11 bankruptcy protections, and said it has a deal under which Marriott will buy the resort owned by railroad operator CSX Corp.

London – France’s main seaports are at a standstill and rail freight is being severely disrupted as thousands of longshoremen and rail workers join a general strike to protest the governme

The U.S.

President Obama said he wants Joseph C. Szabo, the state legislative director in Illinois for the United Transportation Union, to head the Federal Railroad Administration.

Class I railroads as a group cut 1,678 jobs by mid-January from a month earlier, as the recession deepened and freight traffic remained sharply below year-earlier levels.