Rail News

Deutsche Bahn, the German railway and logistics group, boosted first half profits by over 26 percent from a year ago driven by a 40 percent surge in rail freight volumes and significantly higher air a

Canadian Pacific Railway had a 23 percent rise in net income from the second quarter of 2009, to $162 million, while revenue grew 20 percent to about $1.2 billion.

Norfolk Southern Railway’s second quarter net profit surged 59 percent to $392 million, the railroad said, while revenue rose 31 percent from a year earlier to $2.43 billion.

Kansas City Southern, the smallest of North America’s Class I railroads, powered back from tough recession financials to post a $37.4 million profit for the second quarter that was up 527 percen

Kansas City Southern’s railroad in Mexico reopened its flood-damaged Anahuac Bridge over the Salado River in northern Mexico on July 24, and immediately began running trains again through the no

The Department of Transportation gave final approval to an innovative $300 million loan package to help Denver remake its Union Station passenger rail center into a light rail and bus hub.

It’s getting to be a taxing wait for U.S. short line railroads, whose owners hoped Congress would have renewed a popular tax credit for track repairs by now.

A push by the Obama administration to get as much stimulus money out the door as possible is spawning projects tied to road, rail and sea.

Shippers, truckers and railroads were scrambling to recover from floods that disrupted one of North America’s key trade corridors — the roads and rail lines linking Laredo, Texas, and Mont

Norfolk Southern Railway is counting on approval of its plan to expand and upgrade its Toledo, Ohio, intermodal yard to keep pace with rival CSX Transportation in a race for eastern railroad supremacy

Eight short line railroads in four New England states will share in a grant from the Environmental Protection Agency to refit aging locomotives with anti-idling devices.

A formal accord between the U.S.

Rail equipment leasing giant GATX depended partly on a pickup in its shipping operations to post a 69 percent profit jump to $21.5 million in the second quarter, from a year earlier, while earnings at

Union Pacific Railroad turned in a second-quarter profit that was up 53 percent from a year earlier to $711 million, and was 17 percent of its $4.182 billion in receipts.

Federal stimulus funds slated for high-speed rail in Ohio should be spent on highways instead, Republican candidate for governor John Kasich said.

Intermodal middleman and logistics firm Hub Group posted a 16 percent gain in second-quarter net income from a year earlier, to $9.63 million, as volume in its main box-shipment business jumped by 25

Illinois and Union Pacific Railroad have come to terms on enough of a planned passenger line in UP’s right of way so that an initial 90-mile track project can begin in September.

The seven largest freight railroads added 612 net workers to their U.S. operations from mid-May to mid-June, after making a small cut in May.

Rail freight shippers waiting for the flood-closed Kansas City Southern lines to reopen in northern Mexico got some welcome news as KCS said it could resume service this weekend over a key bridge and

The government’s report on U.S.

Rail equipment lessor GATX took delivery of a low-emission “genset” switcher locomotive from Wabtec’s MotivePower unit, as the popular yard engines continue to spread through the rai

Employers at the Port of Montreal locked out the 850 members of the longshore union Monday morning, bringing cargo handling at terminals to a standstill.

It was once the top box for domestic intermodal shipments, a 48-foot container that was the largest for double-stack trains across North America until 53-footers became the new gold standard.

Michael Ward, chairman, president and CEO of CSX, has plenty of reason to sound cheerful after reporting a 36 percent jump in net profit, to $414 million, for the second quarter.

Railroads serving the U.S.-Mexico border region are telling customers to expect two more weeks of shipment detours from the hurricane and flood disruptions to rail service through Laredo, Texas, and N

European Union regulators cleared Geodis, the French transport and logistics provider, to take sole control of Giraud, a leading French forwarder active across Europe.

Americans need to act quickly to begin a 10 year effort to improve and build new transportation infrastructure, Pennsylvania Gov. Ed Rendell said Thursday.

North American railcar leasing fleets, shippers and railroads pulled 3,064 cars out of storage during June but still had 23.7 percent of their freight hauling equipment sitting idle.

Freight shipments measured in ton-miles fell 0.4 percent in May after two consecutive monthly increases, the Department of Transportation reported.

The trade group for the largest carriers in the U.S.

Deutsche Bahn said its recently launched rail container service between Duisburg, Germany, and Moscow has proved a success with shippers.

Major eastern-U.S. railroad CSX posted a $414 million profit in the second quarter. That was up 36 percent from the 2009 period, while its $2.663 billion in revenue was up 22 percent.

Rail service between the U.S. and Mexico is resuming after closures because of flood damage caused by Hurricane Alex.

Rail shippers faced with growing ancillary and penalty charges levied by carriers received some relief in Canada from the federal government, which now requires that their complaints to the Canadian T

Truck traffic between the U.S. and Mexico this week skirted flood waters from the Rio Grande with little or no disruption, federal agencies reported.

Intermodal container volume for North American railroads reached its highest level in nearly three years in the week ending July 3 as overall intermodal loads soared 36.6 percent over the holiday-shor

Maher Terminals is taking an unspecified stake in a long-planned container terminal Melford International Terminal hopes to build in Nova Scotia.

Shipper complaint cases against railroads are piling up at the Surface Transportation Board, despite the latter’s efforts to head them off through mediation.

A large part of North America’s railcar surplus is literally melting away.

CMA CGM Nears Billion-Dollar Deal