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rail news
Rail News
Stay updated with our rail transport news and trends. Journal of Commerce covers intermodal news, and port connectivity news in the container rail transport sector.
Subsections
North-American rail
International rail
Intermodal providers
The latest
Rail News
& Analysis
UP Pushes Back Grain Terminal Opening
Bill Mongelluzzo, Associate Editor |
Union Pacific Railroad is pushing back the opening of its grain transloading facility at Yermo, Calif., to late 2011 or early 2012 amid a declining grain export market.
North-American rail
Rail News
US Intermodal Container Volume Falls
JOC Staff |
Intermodal container loads for U.S. railroads slowed down in the week ending Nov.
North-American rail
Rail News
Work Begins to Ease California Rail Bottleneck
Bill Mongelluzzo, Associate Editor |
Construction has begun on a $208 million rail crossing project that will reduce train and vehicle congestion in Colton, Calif., where the convergence of east-west and north-south rail lines creates on
Transport, Trade and Regulation News
Rail News
Alameda Shortfall, Just Once More
Bill Mongelluzzo |
Just as it did this year, the Alameda Corridor Transportation Authority probably will need another shortfall payment from the ports of Los Angeles and Long Beach when a debt payment is due on Oct.
Port News
Maritime
Rail News
Forwarding
North-American rail
It's a Builder's Market
John D. Boyd |
Mark Furman has a list of reasons why the market for building new railcars is strong despite continuing worries about where the economy is headed.
Rail News
North-American rail
Domestic Intermodal Surge Offsets Ocean Slump
John D. Boyd, Associate Editor |
Domestic intermodal traffic spiked upward 6.3 percent in the third quarter, an industry group said
Intermodal providers
North-American rail
Federal Rail Board Seeks to Avoid Labor Shutdown
John D. Boyd, Associate Editor |
President Obama’s team trying to head off a nationwide rail strike or lockout offered new recommendations on contract terms, triggering a final 30-day countdown toward labor action on Dec.
North-American rail
Rail News
Hub Logistics Unit Acquires Drayage Trucker
John D. Boyd, Associate Editor |
Intermodal provider Hub Group said its Comtrak Logistics unit acquired assets of intermodal drayage trucker Challenge
Intermodal providers
Rail News
Railcar Owners Place 1,378 More in Storage
John D. Boyd, Associate Editor |
North American owners of freight railcars trucked 1,378 more into storage lots and track sidings during October, as traffic slowed some from the peaks set in
North-American rail
Rail News
Felixstowe Breaks Weekly Rail Traffic Record
Bruce Barnard, Special Correspondent |
Felixstowe’s container rail traffic hit a record 11,019 containers in a single week, as the UK’s largest box port reaps the benefits of a three-year investment in tracks, cranes and termin
Port News
Maritime
Rail News
Forwarding
Going Postal
Going Postal |
The intermodal industry gathers next week in Atlanta for the Intermodal Expo, hosted by the Intermodal Association of North America.
Trucking News
Rail News
STB Defers Action on Shipper Rail Access
John D. Boyd |
Caught between pressure from captive shippers and strong opposition from railroads, industry regulators chose Friday to delay making any decision on whether to impose more competitive switching rules.
North-American rail
Rail News
Transport, Trade and Regulation News
Transportation Jobs Rise 2 Percent in October
William B. Cassidy, Senior Editor |
Transportation employment increased more than 2 percent year-over-year in October, with rail employment up 3.8 percent and trucking up 2.9 percent.
Transport, Trade and Regulation News
Maritime
Trucking News
Rail News
CP Investor Says He’s Not Looking to Sell Railroad
John D. Boyd, Associate Editor |
Activist hedge fund investor William Ackman’s plan for boosting the value of his stake in Canadian Pacific Railway does not include selling off the second-largest carrier in Canada, Ackman told
North-American rail
Rail News
How Long Can The Rally Last?
John D. Boyd and William B. Cassidy |
Somewhere, somehow, the intermodal market missed the message that the U.S. economy might be stumbling back into recession.
Intermodal providers
Trucking News
Rail News
Rails Pushed to Clean Up Their Air
Bill Mongelluzzo |
A lawsuit filed by the Natural Resources Defense Council in California may have national implications for all railroads.
Rail News
Maritime
The New Intermodal Heartland
William B. Cassidy |
The center of intermodal growth is shifting toward the center of the U.S., as U.S. manufacturing creates more shorter-haul, domestic intermodal freight.
Intermodal providers
Trucking News
1 Driver + 1 Day = Intermodal
William B. Cassidy |
As more truckloads are converted to intermodal containerloads, trucking companies aren’t rushing to cut rates to keep that freight on the highway.
Intermodal providers
Trucking News
Rail News
Trucking labor
STB Says Only UP Posted Adequate Revenue in 2010
John D. Boyd, Associate Editor |
The U.S. agency that regulates economic issues between railroads and shippers says Union Pacific Railroad was the only major carrier that pulled in sufficient revenue in 2010.
North-American rail
Rail News
Transport, Trade and Regulation News
Full Speed Ahead for Railroads
John D. Boyd |
Intermodal rail traffic is maintaining good momentum this autumn even as the international shipping business moving containers on the water remains in the doldrums.
Rail News
Forwarding
Greenbrier Profit Rises 64 Percent on Record Sales
John D. Boyd, Associate Editor |
Propelled by surging rail equipment demand, railcar and barge maker Greenbrier Companies saw profit jump 64 percent to $12.6 million in the fiscal fourth quarter ending Aug. 31.
North-American rail
Rail News
BNSF Expects Return to Pre-Recession Volume in 2013
Joseph Bonney, Senior Editor |
BNSF Railway foresees a slow economic recovery and doesn’t expect its freight volume to return to pre-recession peaks until about 2013, a top executive said.
North-American rail
Rail News
Freightcar America Doubles Revenue, Narrows Loss
Mark Szakonyi, Daily Content Editor |
Freightcar America said growing demand for railcars more than doubled revenue to $130.1 million, but the equipment manufacturer said the impact of weather and light maintenance dragged the company to
North-American rail
Rail News
Genesee & Wyoming Profit, Pricing Leap
Mark Szakonyi, Daily Content Editor |
Genesee & Wyoming’s net profit jumped 32.6 percent to $32.9 million in the third quarter, as the <
North-American rail
Rail News
Russia’s Richest Man Buys Russian Railways Freight Unit
Bruce Barnard, Special Correspondent |
Vladimir Lisin, reputed to be Russia’s richest man, won the auction for state-owned Russian Railways cargo arm, Freight One, in a $4.2 billion deal that gives him control over a fifth of the nat
Rail News
Canadian Pacific Targeted in Buyout Rumors
JOC Staff |
A private equity firm’s new minority stake in Canadian Pacific Railway is triggering suggestions of a large reorganization and even a potential outright sale of Canada’s second-largest rai
North-American rail
RailAmerica Profit Up 13.7 Percent, Carloads Down
Mark Szakonyi, Daily Content Editor |
RailAmerica, operator of 43 small railroads in the U.S.
North-American rail
Rail News
Rail Signs Pointing Higher
John D. Boyd |
The railroad industry expects to keep hauling more freight in the months ahead, but the profits should remain strong whether the freight demand grows or not.
Rail News
North-American rail
Pacer Profit Jumps Six-Fold to $6.6 Million
John D. Boyd, Associate Editor |
Intermodal provider Pacer International had a
Intermodal providers
Rail News
Norfolk Southern Profit Jumps 24 Percent
JOC Staff |
Norfolk Southern Railway saw third quarter profit jump 24 percent to $554 million, with a solid 3.3 percent growth in volume, and the Eastern railroad said growth is continuing despite widespread conc
North-American rail
Profit Surges at Trinity’s Railcar Units
John D. Boyd, Associate Editor |
Trinity Industries, North America’s largest railcar manufacturer and builder of barges, wind towers and steel construction supports, saw third-quarter profit and revenue leap at its railcar buil
North-American rail
Maritime
Rail News
CN Launches Large Share Buyback Program
John D. Boyd, Associate Editor |
The board of directors at Canadian National Railway authorized the company to buy back up to
North-American rail
Rail News
CN Profit Jumps 19 Percent on Record Loads
John D. Boyd, Associate Editor |
Canadian National Railway’s profit rose 19 percent to $648 million in the third quarter from a year ago
North-American rail
Rail News
CP Profit Falls 5.3 Percent as Intermodal Shrinks
John D. Boyd, Associate Editor |
Third-quarter profit fell 5.3 percent at Canadian Pacific Railway to $184 million, as it lost 10.1 percent of intermodal traffic from a year earlier while battling extreme weather disruptions.
North-American rail
Rail News
Paccar Hits $4.26 Billion Quarterly Sales Record
William B. Cassidy, Senior Editor |
Truck manufacturer Paccar reported the highest quarterly revenue in its history as U.S. truck operators raced to replace aging heavy trucks with newer models.
North-American rail
Trucking News
Container Corp. of India Profit Down 16 Percent
JOC Staff |
Container Corp.
Intermodal providers
Maritime
Rail News
Forwarding
US Distilled Grain Exports Will Rebound, Report Says
Mark Szakonyi, Daily Content Editor |
U.S.
International ports
Rail News
North-American rail
CN to Assist Grain Exporter with Supply Chain
RailResource |
Agri-Food Central Ltd.
International ports
Rail News
North-American rail
Heading Down the Wrong Track?
John D. Boyd |
For months, year-over-year gains in rail freight traffic have countered gloom-and-doom warnings about the U.S. economy heading back into recession.
Rail News
All Tracks Lead to Virginia
Peter T. Leach |
The two Class 1 railroads serving the ports of Virginia are playing musical chairs. When the music stops, the big winner will be the Virginia Port Authority.
Rail News
Container lines
Forwarding
North-American rail
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