Class I Railroads

Class I Railroads

Coverage of large freight railroad companies including traffic, revenue, freight tonnage and more.

The Track to Black: The financial health of major U.S. and Canadian railroads in the first quarter of 2013

Check out our latest rail dashboard to get a look at the financial health of major U.S. and Canadian railroads.

Commentary

Last year’s story for the Class I railroads was one of higher volumes and changing traffic mix. But this year, volume is down. The big 2014 growth drivers that ostensibly helped create the congestion are notably absent this year, with a collective 4,600 fewer cars of these commodities being originated over the last few weeks versus 2014.

News & Analysis

22 May 2015
Norfolk Southern has announced changes in management responsibilities in its intermodal department, with expanded roles for Jeffrey S. Heller and Cary G. Booth.
18 May 2015
Grain is moving by rail at a steady pace from Canada’s Prairie Provinces to export terminals in British Columbia’s Vancouver, Prince Rupert, and Thunder Bay.
14 May 2015
Alan H. Shaw has been named executive vice president and chief marketing officer by the board of directors of Norfolk Southern Corp., Wick Moorman, chairman and CEO, said today.
12 May 2015
U.S. shipment volumes and spending rose in April from March, but were down year-over-year, thanks to tough comparisons with a booming economy in 2014, Cass Information Systems said. The freight payment provider expects more growth ahead.
11 May 2015
CSX Transportation unveiled a new intermodal terminal just outside of Montreal Monday, giving the Jackonsville, Fla.-based railway easy access to the Eastern Canadian market.
06 May 2015
One developer is betting big on BNSF Railway’s Kansas City logistics park. NorthPoint Development this week announced the construction of a 822,104-square-foot speculative building at the park.
BNSF container train
04 May 2015
BNSF Railway’s net first-quarter earnings jumped 44 percent to $1 billion despite West Coast port congestion that pulled down its intermodal volume roughly 5.5 percent in the period.
29 Apr 2015
Norfolk Southern Corp.’s earnings fell 16 percent in the first quarter on weak intermodal volumes and a struggling coal market, the company reported Wednesday.
27 Apr 2015
The Port of Virginia’s efforts to curb congestion took a literal hit Sunday morning after a barge struck a rail bridge, forcing Norfolk Southern Railway to delay five intermodal services and end two.
24 Apr 2015
The number of westbound 40-foot equivalent ocean containers available in Chicago and Kansas City surged in early April, another sign the West Coast container logjam has broken and the Chinese New Year reprieve is over.