Rail News

All states met a key deadline in last year’s stimulus law to obligate their highway project spending before March 2, said Vice President Joseph Biden and Transportation Secretary Ray LaHood.

Charging that “political games” are forcing a partial shutdown of federal operations and support to states, U.S.

The Obama administration is making big down payments on a wide range of major freight projects around the country with its latest $1.5 billion in transportation grants.

Rail freight shippers and the largest U.S. railroads are increasingly on a collision course over rules that could govern their market for decades to come.

The confidence across Canada hardly ends with this year’s Winter Olympics.

Freight traffic for major U.S.-owned railroads improved after two storm-stunted weeks, but remained below the pace of the last half of January.

Norfolk Southern Railway hopes to begin construction by July on new intermodal terminals in Memphis, Tenn., and Birmingham, Ala., now that it has a large stimulus grant to help pay for them.

Senate Majority Leader Harry Reid told short line railroad officials the Senate will act on legislation next week that includes a renewal of an expired tax credit for track repairs for small railroads

CSX Transportation in the eastern United States and Union Pacific Railroad in the West will soon be jointly marketing a domestic intermodal service in jumbo-sized containers.

The seven largest U.S. railroads shed 1,116 jobs in January, bringing their total workforce to a new low of 145,609 positions.

BNSF’s top intermodal executive concedes the western railroads have permanently lost much of their East Coast market share to all-water container shipping services from Asia, but Steve Branscum

Call it a lost week for a major slice of the U.S. economy and transportation network.

When Sen.

The North American intermodal business is developing a split personality.

As soon as BNSF Railway’s shareholders approved the planned takeover by Warren Buffett’s Berkshire Hathaway on Feb. 11, the railroad’s CEO began to fire away at Wall Street.

North American short line railroads carried some of the strongest traffic levels in months even during storm-tossed February, as cargo loadings were consistent with a spreading recovery in the broader

A late-year need to refill store shelves and replenish other stocks after a “historic inventory drawdown” helped boost intermodal traffic in the fourth quarter and push domestic volume sli

The return of growth in freight shipments this year may erase the surplus of trucks this summer and push more business to combined rail-truck intermodal shipments, the Intermodal Association of North

In the midst of a massive contraction for the North American freight car industry, equipment builder American Railcar Industries said it has formed a joint venture with US Railcar to produce self-prop

Major U.S.-owned railroads saw their originations of bulk commodity and equipment traffic fall more than 20,000 carloads from the end of January to mid-February, a time when powerful winter storms hit

Rail equipment supplier FreightCar America posted a $5.6 million fourth quarter loss as it said sales of railroad cars fell “significantly” – by 82 percent to $49.4 million.

Railroad projects in seven states were the top winners Wednesday when the Department of Transportation announced recipients of $1.5 billion in TIGER grants.

Railcar manufacturer and car fleet manager Greenbrier said it is processing car hire and repair payments for RailAmerica, the owner of 39 regional and short line railroads.

Two well-known U.S. suppliers of rail equipment will merge, as L.B. Foster said it has made a cash offer to buy outstanding shares of Portec Rail Products for $11.71 each.

Intermodal service provider Pacer International posted a $10 million profit for the fourth-quarter in which it renegotiated a long-term contract with Union Pacific Railroad, up from a $64 million loss

The acquisition of BNSF Railway by investment firm Berkshire Hathaway may determine how major freight companies talk to their marketplace for years to come.

All across North America, freight railcars that were parked when the economy was in a tailspin are slowly coming back on line. But the rebound will be nowhere near as fast as the collapse.

BNSF Railway officially became part of Berkshire Hathaway Feb.

The purchase of BNSF Railway by Warren Buffett’s Berkshire Hathaway will free up the railroad’s executives to focus more on developing rail assets for the long term, said BNSF Chairman, Pr

Stockholders of the corporation that owns BNSF Railway, North America’s second-largest railroad, approved the $26 billion bid from Warren Buffett’s Berkshire Hathaway to buy the 77 percent

The two major eastern-U.S. railroads – CSX Transportation and Norfolk Southern Railway – were starting to dig out late on Feb. 10 and on Feb.

Two European intermodal operators said they will jointly develop a multimodal route on a corridor linking Antwerp with Germany, Austria, southeast Europe and Turkey.

The strong winter storms hitting the country this winter are sharply cutting stockpiles of coal held by electrical utilities, said Matthew K.

The international part of the U.S. intermodal market will be “weak” for most of 2010 because U.S.

BNSF Railway could become a wholly owned unit of investment firm Berkshire Hathaway this week if shareholders vote as expected Thursday to approve Berkshire’s $26 billion stock purchase.

This week’s severe winter storms prompted CSX Transportation to invoke the force majeure clause, for events outside its control, for service commitments on its important coal and automobile traf

Intermodal traffic on the BNSF Railway declined by double digits during last year's economic recession, but it is still one of the most important business units for the western railroad.

Norfolk Southern Railway lifted its force majeure service declaration early on Feb. 9 for traffic moving through eastern-U.S. areas hit hard by the huge weekend snowstorm.

Kombiverkehr, Europe’s biggest intermodal transport operator, said traffic fell a less-than-expected 16 percent in 2009 from a year ago as demand started to grow again in the final quarter of th