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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
Factory Cargoes Ebb for Major Railroads
John D. Boyd |
Major North American railroads in recent weeks saw a slowdown in their loadings of some cargoes important to the factory sector.
Rail News
North-American rail
Washington Hits ‘Reset’
John D. Boyd |
So much for the Democrats’ transportation plans.
Transport, Trade and Regulation News
Rail News
Mica, Shuster Set Sights
John D. Boyd |
House Republicans did not wait for the Nov. 2 election to lay down markers for how they may change federal spending under the Transportation and Infrastructure Committee.
Transport, Trade and Regulation News
Rail News
Trains Set for Christmas
John D. Boyd |
It’s beginning to look at lot like Christmas in the intermodal business.
Rail News
North-American rail
Railcar Owners Shrink Idled Car Fleet in October
John D. Boyd |
In a sign of growing strength in rail freight demand, North American railcar leasing firms and other car owners pulled 12,799 more railcars out of storage in October, said the Association of American
Rail News
North-American rail
LaHood Tells New Governors 'No' on Shifting Rail Grants
John D. Boyd |
Transportation Secretary Ray LaHood told the governors-elect of Wisconsin and Ohio they cannot redirect federal passenger rail grants to other uses once they take office, so the Department of Transpor
Transport, Trade and Regulation News
Rail News
Greenbrier Profit Rises 26 percent to $7.7 Million
John D. Boyd |
Railcar and barge builder Greenbrier Companies earned a $7.7 million net profit in its fiscal fourth quarter that ended Aug.
Rail News
BNSF Presents Awards to Short Lines
Bill Mongelluzzo |
BNSF Railway presented achievement awards to three shortline railroads at the annual Shortline conference in Grapevine, Texas.
Rail News
North-American rail
Wisconsin Rail Fight Heats Up
John D. Boyd |
Wisconsin’s Republican governor-elect, Scott Walker, campaigned and won on a pledge to kill a planned Madison-Milwaukee passenger rail line that drew a large federal grant.
Rail News
North-American rail
UP Plans 25 Percent Capital Spending Jump in 2011
John D. Boyd |
Union Pacific Railroad tentatively plans to increase its capital spending on network repairs and growth projects 25 percent in 2011 to $3.25 billion, company officials said.
Rail News
North-American rail
BNSF Net Jumps 45 Percent to $706 Million
John D. Boyd |
BNSF Railway's net income in the third quarter rose 44.7 percent from a year earlier to $706 million, as revenue rose 22.1 percent to $4.391 billion.
Rail News
North-American rail
Rolling Out the Rail Grants
John D. Boyd |
The Obama administration isn’t letting a little politics-altering event like midterm elections get in the way of its passenger rail program.
Transport, Trade and Regulation News
Rail News
Rail Demand Rumbles
John D. Boyd |
It’s a cautious time for railroads. The economy, senior executives say, is too weak to plan for much growth in the year ahead.
Rail News
North-American rail
BNSF Names Fox EVP for Operations
Rail Resource |
BNSF Railway promoted Greg Fox to executive vice president for operations, reporting to Carl Ice, whose promotion to the newly created pos
Rail News
North-American rail
IANA Says Traffic Surge Points to Big Holiday Volume
John D. Boyd |
This year's unexpectedly strong peak season for intermodal traffic suggests that shippers are getting ready for lots of packages under the Christmas tree, according to the Intermodal Association of No
Rail News
UP-Amtrak Shared Rail Corridor Advances in Illinois
John D. Boyd |
What is shaping up to be the nation's first of the targeted shared-use rail corridors for higher-speed passenger and freight operations is moving into a new phase in Illinois.
Rail News
North-American rail
UP Expects 6-8 Percent Annual Revenue Growth
Bill Mongelluzzo |
Union Pacific Railroad expects growing volume, higher rates and new pricing on expiring contracts with shippers to push annual revenue up 6 to 8 percent per year over the next five years, Chief Financ
Rail News
North-American rail
Groundbreaking for $55.5 Million Boston-Area Commuter Rail Extension
Rail Resource |
Massachusetts Lieutenant Governor Timothy P. Murray recently joined U.S.
Rail News
Imports Drive 20 Percent Intermodal Surge
John D. Boyd |
Intermodal traffic rose 20.3 percent in the third quarter from a year earlier, driven by a 28.1 percent rise in import-powered international loadings, according to the Intermodal Association of North
Rail News
Pacer Net Climbs 83 Percent to $1.1 Million
John D. Boyd |
Intermodal provider Pacer International saw its third-quarter net income jump 83 percent to $1.1 million while revenue fell, but said it would have done better had not Hurricane Alex disrupted its tra
Rail News
CN, Stevedore Plan Chicago Multi-Modal Steel Facility
John D. Boyd |
Canadian National Railway and North America Stevedoring Company, a unit of Quebec Stevedoring, said they will soon build a multi-modal steel trans-loading facility in Chicago, to tap what is already t
Rail News
Forwarding
North-American rail
FreightCar Completes DTE Rail Services Purchase
John D. Boyd |
Rail equipment supplier FreightCar America wrapped up its acquisition of DTE Rail Services from Detroit-based DTE Energy.
Rail News
BNSF Splits CEO, President Roles
John D. Boyd |
BNSF Railway, splitting its CEO and president roles, promoted Carl Ice to president and chief operating office while keeping Matthew K. Rose in the chairman and CEO positions.
Rail News
North-American rail
Scaling the Peak
John D. Boyd |
Don’t tuck the peak season away just yet. Two of the biggest partners in U.S. intermodal traffic expect strong growth in demand to extend well into the fall.
Rail News
JOC Week in Review
JOC Staff |
The JOC Week in Review for October 29 gives you the highlights of top news stories from this week, and also a preview of the Nov. 1 edition of the Journal of Commerce.
Trucking News
Maritime
Air Cargo
Rail News
Russia's TransContainer Sets London IPO Price
Bruce Barnard |
TransContainer set a price for its forthcoming initial public offering in London that values Russia's largest rail container operator between $1.3 billion and $1.6 billion.
Rail News
American Railcar Industries Reports $6.3 Million Loss
Rail Resource |
American Railcar Industries had revenue of $64.8 million and a net loss of $6.3 million or 29 cents per share in the third quarter of 2010, the company reported, but ARI is seeing a moderate upturn in
Rail News
New DOT Grants Boost Freight Rail Network
John D. Boyd |
Parts of the U.S.
Rail News
North-American rail
Trinity’s Profit Rises 36 Percent to $31.5 Million
John D. Boyd |
Trinity Industries, a maker of railcars, barges and highway construction support products, saw net income rise 36 percent in the third quarter to $31.5 million even though revenue shrank 3 percent to
Rail News
Norfolk Southern Net Jumps 47 Percent to $445 Million
John D. Boyd |
Norfolk Southern Railway’s profit surged 47 percent in the third quarter from a year earlier, to $445 million, as revenue grew faster than expenses.
Rail News
North-American rail
Union Pacific Confident of Rail Agreement
John D. Boyd |
While a number of planned high-speed passenger rail corridors are still waiting for implementing contracts with freight railroads to use designated federal funds, Union Pacific Railroad CEO James R.
Rail News
North-American rail
US Railroads Add Workers in September
John D. Boyd |
The largest freight railroads said they increased their U.S. employment by 1,386 workers from mid-August to mid-September, to the highest level since April 2009.
Rail News
North-American rail
Sales Rise, Profit Falls for Canadian Pacific
John D. Boyd |
Canadian Pacific Railway saw net income fall 5.7 percent to about $191.5 million in the third quarter from a year earlier, but said freight operations are running strong and the 2009 profit had been s
Rail News
North-American rail
CN Net Rises 21 Percent to $543 Million
John D. Boyd |
Canadian National Railway’s net income rose 20.6 percent in the July-September quarter from a year earlier to $543 million, as revenue increased 15 percent to $2.072 billion.
Rail News
CSX Brings GenSet Locomotives to Maryland
John D. Boyd |
CSX Transportation began using the first of two low-emission GenSet switcher locomotives at its Curtis Bay Yard in Baltimore.
Rail News
North-American rail
KCS Profit Surges 85 Percent to $52.8 Million
John D. Boyd |
Kansas City Southern, the smallest of the North American Class I railroads with operations split between U.S.
Rail News
North-American rail
Union Pacific Again Boosts Container Fleet
John D. Boyd |
The still strong domestic intermodal market has Union Pacific Railroad back in the market for new 53-foot, jumbo sized intermodal containers and chassis, on top of a larger order it placed earlier thi
Rail News
North-American rail
DOT Stimulus Payouts Top $21 Billion
John D. Boyd |
Stimulus spending by the Department of Transportation reached $21.2 billion as of Oct.
Transport, Trade and Regulation News
Air Cargo
Trucking News
Rail News
CSX’s Strong Earnings Energize Analysts
John D. Boyd |
CSX Transportation’s robust start to the rail industry’s earnings season points to an autumn freight market that may be stronger than many expected.
Rail News
More Roads Than One
William B. Cassidy |
North American shippers may be on the verge of a second intermodal revolution.
Intermodal providers
Trucking News
Rail News
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