Rail News

Canadian National Railway worked out a “modal shift protocol” with a British Columbia firm that markets carbon offsets, to count freight that shifts off trucks onto rail.

BNSF Railway saw its profit surge 73 percent in the first quarter from a year earlier to $506 million, as revenue grew 13 percent to $3.864 billion.

BNSF Railway did not get much satisfaction in fighting a major coal rate judgment against it by the Surface Transportation Board, as the U.S. Court of Appeals largely backed the STB decision.

Hyundai Intermodal, a unit of Hyundai Merchant Marine, will switch from Norfolk Southern to CSX Transportation as its eastern-U.S. railroad partner beginning June 1.

Train dispatchers in Canada for Canadian National Railway have ratified a three-year labor contract that goes back to 2009.

It certainly isn’t the first time ocean carriers and importers have disagreed, and it won’t be the last, but the outcome could determine the fate of U.S.

With rail freight traffic improving steadily, capacity is on its way back.

Intermodal rail is extending its reach into areas of the supply chain long dominated by trucking, and not just over-the-road long-haul truckload carriage.

Last weekend killer storms that flooded out Nashville and other parts of Tennessee and killed at least 30 people in several states will also keep a CSX Transportation line between Nashville and Memphi

FreightCar America saw first-quarter orders for future railcars surge to 3,656 units from just 339 a year earlier and 185 in the final 2009 period, which pointed to an improving outlook for the compan

Pacer International nearly wiped out its net loss in the first quarter as it reshapes its business plan.

Pending legislation in the Senate to add shipper-friendly competition rules on the rail industry won’t move ahead unless it also strips railroads of exemptions they enjoy from antitrust law, sai

The head of the American Trucking Associations, in a sharply worded letter to Transportation Secretary Ray LaHood, warns that a new government focus on shifting freight off trucks is based on misinfor

Sen.

It may be 2011 before Congress passes a surface transportation bill, says Rep. John Mica, R-Fla., ranking Republican on the House Transportation and Infrastructure Committee.

A proposed long-term vision to guide the Department of Transportation would focus on major freight system corridors, curb carbon use by freight operations and use more multi-jurisdiction planning inst

U.S. rail customers got a strong support message from Sen.

Declaring that “freight rail jobs are green jobs,” a report by the Blue Green Alliance and the Economic Policy Institute urges policy makers to give the rail industry tax breaks it seeks t

Norfolk Southern Railway is warning customers to expect significant flood delays for shipments that normally use a rail line running from Memphis, Tenn., on the Mississippi River to Sheffield, Ala., o

UK transport company FirstGroup has put its rail freight unit up for sale, attracting several British and European bidders, according to the Financial Times.

Shippers expect to see prices rise this year for U.S. domestic transportation but most are not projecting big increases even amid concerns over tight capacity, according to a new survey.

Railex Defies Recession, Expands Despite the economy, Railex is expanding and hopes to have a facility open in the Southeast within the next year.

The recovery no longer appears to be uncertain for intermodal middleman Hub Group.

Seventeen transportation and logistics companies were named to this year’s Fortune 500 list of biggest U.S. companies.

The Surface Transportation Board clearly was not happy with Canadian National Railway after a consultant reported that CN trains were blocking Chicago suburban roads vastly more often than the railroa

It’s barely May, but it’s already turning out to be a very good year for North American railroads.

Domestic Shippers Brace for Rate Hikes

With demand for construction materials growing as the building season heats up, small railroads in the United States and Canada had their strongest weekly traffic count in more than a year.

Railcar manufacturer and lessor Greenbrier Companies and investment firm WL Ross said they formed a new entity that bought a 4,000-railcar lease fleet that is valued around $230 million.

Marking a sharp change in the pattern that dominated the rail industry during the recession, nearly every Class I railroad operating in the United States increased employment by the time they made the

The major railroads of North America are enjoying a steady surge in freight shipments that is showing up in a range of industrial commodities and factory products.

Genesee & Wyoming -- an operator of short line railroads in North America, Australia and the Netherlands – saw first-quarter profit rise 15 percent to $16 million while the appreciation of f

American Railcar Industries posted a $7 million loss in the first quarter, but President and CEO James Cowan said bid requests are coming in for new car builds while demand has been strong for various

The Halifax Port Authority said it reached agreement with its two main container terminal operators, Cerescorp and Halterm, on setting performance standards designed to increase the speed of the impor

RailAmerica, one of the largest operators of North American short line railroads, lost $2.5 million in the first three months of 2010 but saw business turning higher in some key ways.

North American transportation companies are seeing initial, uneven signs of increasing demand but most remain cautious about declaring that a broad and sustained recovery is at hand, Standard & Po

Trinity Industries, North America’s largest freight railcar builder, saw its rail business lose more money in the first quarter while its overall profit shrank by 94 percent to $2 million.

Averitt Express added intermodal trailer and container operations to its line of trucking and other services as part of its “full-load/volume transportation” package for customers.

Canadian Pacific Railway boosted profit 74 percent in the first quarter as an improved economy sparked higher revenue and lower expenses.

Net profit for Container Corporation of India fell 2 percent from a year earlier to $177 million in fiscal 2009-10 ended March 31, despite a 6.5-percent increase in overall revenue.