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

We’re hearing from economists and customers that 2014 will probably continue along the slow, steady growth path. The rail industry remains a steady leader, bolstering the economy by providing well-paying jobs and supporting other industries by delivering goods that keep America moving.

News & Analysis

Union Pacific intermodal train
27 Jul 2014
Union Pacific management hopes that the company’s grab of rail business from its main competitor, BNSF, will translate into more long-term business for UP in the future.
Images for weekly wrap-up
26 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association met for three days this past week without concluding negotiations; at the weekend, the parties announced a week-long recess in the talks. German carrier Hamburg Süd announced plans to acquire the container operations of Chile’s CCNI, in a move resembling the deal between larger competitor Hapag-Lloyd and Chile’s CSAV, and Crowley is reported to be in talks to acquire Horizon Lines’ Puerto Rico assets. Earnings reports by U.S. truckload carriers are pointing to a stronger freight recovery in the United States, though rail service continues to be held back. And on Friday, Anne S. Ferro announced her departure from the Federal Motor Carrier Safety Administration after five years leading the agency.
Intermodal traffic on North American railroads is up 6.0 percent so far this year.
25 Jul 2014
Total rail traffic on North American railroads broke the 11-million-carload mark this week, posting year-to-date gains of 3 percent compared with 2013.
24 Jul 2014
Second-quarter volume increases have hampered Norfolk Southern’s ability to bring up train velocities after a cripplingly harsh winter.
CN train
22 Jul 2014
Despite solid revenue growth in the second quarter, Canadian National Railway says it’s facing a capacity problem, particularly at Canadian seaports, that’s forcing Canada’s largest railroad to temporarily turn away business.
KCS Mexico
22 Jul 2014
Mexico’s manufacturing growth could push Kansas City Southern to new heights in the near future, according to analysts.
Weekly wrap-up for July 19
19 Jul 2014
While it is obvious that beneficial cargo owners shipped early this year through the West Coast in anticipation of the July 1 deadline for contract negotiations between the International Longshore and Warehouse Union and waterfront employers, reports of cargo surges at Canadian and U.S. East Coast ports in May and June indicate retailers were also diverting shipments away from West Coast ports.
18 Jul 2014
After seeing “substandard” intermodal rail service cut its container utilization in the second quarter, the Hub Group expects gradual service improvement from its main partners...
CP intermodal train
17 Jul 2014
Canadian Pacific Railway said it will likely increase domestic intermodal volume on a double-digit basis over the next couple years after seeing 53-foot container volume rocket 18 percent year-over-year in the second quarter.
CSX
16 Jul 2014
CSX Transportation said service, encompassing both intermodal and carload services, has normalized after a surge of freight but admitted it is working to restore service to a “level customers have come to expect” by adding locomotives and train crews and building track capacity.