Rail News

Eastern-U.S.

Railroad officials are engaged in “good” talks in Congress on legislation that would reauthorize the Surface Transportation Board and revamp key rail regulations, said Michael Ward, the ch

Disbursements by the Department of Transportation under the economic stimulus law reached $10.437 billion as of March 31, an increase of about $1 billion from February to pay for projects dominated by

CSX Transportation is sticking with its earlier guidance to see core pricing gains of 4 to 5 percent during 2010 although its first-quarter price gains were at the top of that range.

Globaltrans, Russia's biggest private rail freight operator, said 2009 profit fell 15 percent from a year ago even as traffic hit an all time high in a shrinking market.

Domestic intermodal rail weathered the economic recession better than most transportation modes, and the industry appears now to be on the verge of experiencing unprecedented growth.

Eastern-U.S. railroad CSX Transportation saw first-quarter profit grow 24 percent from a year earlier to $306 million, as it boosted receipts and cut expenses.

Norfolk Southern Railway and Electro-Motive Diesel will run “extensive” tests of biodiesel fuel, monitoring the use of two blends in both linehaul and switcher locomotive units.

Most cargoes on small railroads slid in recent weeks to the lowest volume since the snowstorm-socked period ending Feb. 20, according to RMI’s RailConnect index.

Canadian Pacific Railway reached a tentative agreement with its track workers in Canada.

Freight brokers are studying whether they can help correct a steep imbalance in transportation equipment availability that is hurting efforts of U.S. exporters to get goods to overseas markets.

From one end of the country to the other, shippers of the largest grain crops — soybeans, wheat and especially corn — are gearing up to fill the supply chain needs of late 2010 and 2011.

The Department of Justice lodged a proposed consent decree to resolve a federal claim against Union Pacific Railroad for environmental costs, stemming from a 2004 train crash in Texas that released a

Intermodal loadings by the major North American railroads slowed last week to the weakest levels since snowstorms rocked the freight system in early to mid-February.

Canadian Pacific Railway appointed Edmond L. Harris as executive vice president and chief operations officer, a role in which he earlier served rival Canadian National Railway.

Rail and marine equipment builder Greenbrier says demand recently began to rise for new railcars and barges, along with more used railcars coming into its shops for repairs.

The Maritime Administration’s final rule establishing its Marine Highway program broadens the concept from earlier proposals, in ways that could add more port facilities and types of cargo that

U.S. railroads will be able to tap into a new $50 million government grant program to help install expensive collision avoidance and locomotive control systems.

Railcar and barge manufacturer Greenbrier lost $4.8 million in its fiscal second quarter that ended Feb.

Backers are calling it their “cold train,” a four-day-a-week run of refrigerated intermodal cargoes from the Port of Quincy, Wash., to Chicago that starts moving this week.

CSX Transportation and the United Transportation Union reached a tentative labor deal covering UTU train conductors and yard workers on CSX southern lines.

The Perry County Port Authority, which operates an Ohio River cargo facility at Tell City, Ind., has contracted with a RailAmerica short line to run a port-owned track operation.

The North American short line railroads that report traffic through RMI’s RailConnect index saw volume slide in the week ending March 27 to the lowest in a month although most cargo loadings rem

BNSF Railway and Canadian National Railway signed new track sales accords with large commuter rail operations, in which they sold line and property for over $100 million each but retained some freight

Germany signed a memorandum of understanding promising to support the United Arab Emirates in setting up a high-capacity rail infrastructure.

When it comes to realigning U.S.

The Obama administration is forming a national freight transportation policy that can be boiled down to one concept: Get more trucks off the roads.

What a difference a year makes.

The U.S. Supreme Court is expected to unsnarl a tangle that leaves carriers and cargo owners questioning who should be liable for damages on cargoes shipped from a foreign port.

Real estate developer CenterPoint Properties signed a build-to-suit lease with a chemical manufacturer attracted by rail service provided by Union Pacific.

Canadian National Railway sold a section of track to a government-owned agency responsible for the Toronto area transportation network.

Canadian Pacific Railway reached a new one-year agreement with Teck Coal, a major shipper of high-heat coal needed for steelmaking furnaces, to haul the fuel from Teck’s mines in southeastern Br

Traffic jumped at the largest North American railroads as March ended, powered by shipments of finished vehicles and equipment along with materials at earlier stages from metallic ores to metal produc

The Federal Railroad Administration will start taking applications this week from states for an additional $115 million in planning and construction project funds, which FRA will target to support the

U.S. sales of new automobiles are strengthening for all the largest car manufacturers, and generating sharp increases in shipments for materials, car parts and finished vehicles.

Intermodal services firm Pacer International is replacing its chief financial and commercial officers as it continues a transition in its business plan after major shifts in 2009.

Transportation Secretary Ray LaHood tapped 10 leading analysts representing the freight industry, state highway agencies and academia to advise his Department on data it gathers.

Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico soared 19.5 percent from January 2009 to January 2010 in the largest

Rail and construction industry supplier L.B. Foster bought key bridge-building assets of Interlocking Deck Systems International for nearly $7 million.

Union Pacific Railroad “will continue to generate core price increases of roughly 4-6 percent over the next few years,” said stock analyst Lee A. Klaskow of Longbow Research.