Rail News

At a time when freight traffic was slowing and worries spreading about a slowdown in the U.S.

The Department of Transportation's payouts of stimulus checks to states for work on roads, bridges and other projects reached $17.134 billion as of Aug.

Norfolk Southern Railway completed in and around Front Royal, Va., a series of state- and company-funded construction projects, which will boost speeds for its double-stack intermodal trains moving al

A rebound in U.S. rail freight volume pushed intermodal loads to their highest level of 2010 during the week ending Aug. 14.

USA Truck is rebounding from the recession and expanding its fast-growing intermodal business. The dry-van truckload carrier said Aug.

In a followup to the Department of Transportation’s earlier allocation of $8 billion in stimulus grants for faster and expanded inter-city passenger rail service, the DOT said it has taken 77 ai

Duisburg, the world’s largest inland port, boosted first-half container traffic by 29 percent from a year ago, almost double the growth at Europe’s top box hubs Rotterdam and Antwerp.

Rail and construction product supplier L.B. Foster is extending to the end of this month its tender offer to buy all outstanding common shares of Portec Rail Products.

The rail freight industry may be humming, and intermodal may be too tight for comfort, but North American railcar equipment suppliers are mostly holding on until customers need them again.

A return to profitability is helping to sway cautious Wall Street analysts that Pacer International’s strategic shift from a wholesale middleman service to a company focused on moving containers

Surging international cargoes were the biggest driver in the second quarter for rail hauls of intermodal containers and trailers, said the Intermodal Association of North America.

State-owned rail operator Container Corporation of India announced the launch of train services between the ports of Jawaharlal Nehru (Nhava Sheva), Mundra and Pipavav.

Users of railcars pulled another 5,808 out of storage in July from sidings and rail yards across North America, the strongest drawdown since April when freight traffic was stronger.

Regional and short line railroad operator Patriot Rail reached an agreement in principle with paper manufacturer and forest products supplier Weyerhaeuser to buy six small rail lines the shipper has i

The lull in rail freight volume growth might have ended last month, as seasonally adjusted U.S.

BNSF Railway posted a $603 million net income for the second quarter, up 49.3 percent from a year earlier as revenue rose 23.5 percent to $4.094 billion.

North Baltimore, Ohio — Scheduled for opening in early 2011, CSX says this 185-acre site south of Toledo will also become the “nerve center” of its entire intermodal network.

As rail executives peer through the fog of uncertainty around the economic outlook for the rest of the year, many find their intermodal business lighting the path ahead.

A push-pull this week over future rail legislation had state farm commissioners urging Congress to enact a law to force more shipper-oriented competition onto U.S.

With a major set of construction projects across the Midwest and along the Atlantic seaboard, CSX Transportation plans to turn its intermodal operations into a sleek network for cross-country containe

Major U.S. freight railroads hit their highest load levels of 2010 in intermodal as well as bulk carload shipments during the week ending July 31, the Association of American Railroads said.

In a first such case against a railroad, an Environmental Protection Agency action against “excessive train engine idling” has prompted a Massachusetts commuter rail agency to spend over $

Intermodal and logistics services provider Pacer International posted a $1.4 million profit in the April-June period, up from a $7.3 million loss a year earlier, as its intermodal and logistics units

Railcar manufacturer FreightCar America narrowed its second-quarter loss to $1.3 million from $3.3 million a year earlier and said, while recent car orders were weak, other market conditions are impro

Washington’s Port of Grays Harbor is $4 million closer to its goal of more than $15 million for construction of additional rail storage tracks in the marine terminal complex.

Union Pacific Railroad moved its first revenue trains through the new Joliet Intermodal Terminal on Aug. 3, launching UP’s fifth major box-handling yard in the Chicago area.

Equipment manufacturer Caterpillar said its Progress Rail Services unit completed the planned purchase of heavy locomotive builder Electro-Motive Diesel.

Swift Transportation pulls up to Wall Street a different company than the one that left the stock exchange in 2007. Swift isn’t just smaller, it’s more intermodal.

When the Obama administration completed the paperwork to release $100 million in a stimulus grant to help untangle Chicago’s time-wasting web of railroad tracks and city streets, it tied the spe

More than halfway into a year that’s been a seller’s market for freight transportation of all kinds, the surge in ocean container rates may be losing steam.

The freight rail business is looking more like two markets than one, a fast-paced intermodal segment marked by equipment tightness and other business segments marked by uncertainty about the economic

Norfolk Southern Railway said its Maintenance of Way and Structures Department pushed through $21 million in track, signal and bridge work in seven days in southwestern Pennsylvania, closely timed to

Union Pacific Railroad is promoting Lance M. Fritz to executive vice president for operations as of Sept. 1, as Dennis J. Duffy plans to retire as vice chairman for operations.

A 3.8 percent increase in coal shipments from week to week pushed freight loadings for major North American railroads to their highest level in a month for the most recent week, but raw commodities fo

American Railcar Industries saw its net income swing to a $5.9 million loss in the second quarter, down from a $1.1 million profit a year earlier.

Railcar and barge builder Trinity Industries posted an $18.4 million profit on $543 million in sales in the second quarter, a sharp turnaround from last year’s $209.4 million loss on $716 in rev

RailAmerica, a major operator of short line railroads across the United States, said it lost $4.2 million in the second quarter after charges totaling $8.5 million for early debt retirement and the co

The Port of Pittsburgh Commission is getting a $1.157 million grant from the Environmental Protection Agency to refit some towboat engines, in the latest

World trade by sea, land and air will grow by 8.1 percent in 2010 after declining by 7.2 percent last year, according to a forecast published by IHS Global Insight.

Orders to U.S. factories for big-ticket manufactured goods dropped 1 percent last month, the second straight monthly decline and the largest drop since August 2009, the Commerce Department said.