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rail news
Rail News
Stay updated with our rail transport news and trends. Journal of Commerce covers intermodal news, and port connectivity news in the container rail transport sector.
Subsections
North-American rail
International rail
Intermodal providers
The latest Rail News & Analysis
Acquisition Boosts Canadian Pacific Earnings
JOC Staff |
Canadian Pacific Railway’s profit of $183 million in the third quarter increased 14 percent from $161 million in 2008.
Rail News
North-American rail
STB Expands Canadian National Reporting
John D. Boyd |
Canadian National Railway will have to expand its monthly reporting to regulators about its newly acquired short line outside Chicago, as the Surface Transportation Board said the reports must include
Rail News
North-American rail
Shippers Group Rejects Railroad Proposals
John D. Boyd |
An activist rail shippers’ lobbying group pushed back hard against an industry proposal for Congress to make only limited change in laws governing rail competition.
Rail News
North-American rail
Redrawing the Intermodal Map
John D. Boyd |
The intermodal industry could be facing its biggest shakeup of the decade, as two large intermodal intermediaries and at least two big railroads are reportedly talking about big contracts — ending one
Rail News
Mapping Out a New Rail Network
John D. Boyd |
In the push to mingle more passenger trains in the cargo-dominated rail network, U.S. freight railroads got a key show of support from the Obama administration.
Rail News
Transport, Trade and Regulation News
Short Line Traffic Falls as DM&E not Counted
John D. Boyd |
A significant contributor came out of the RMI RailConnect index of short line traffic starting the week of Oct. 17, taking a bite out of several cargo categories.
Rail News
RailRunner System Expands to India
Peter T. Leach |
RailRunner, developer of a container-based intermodal transport system, signed a 10-year agreement under which its products will be manufactured, operated, distributed and sold in India by Kolkata-bas
Rail News
Rail-Shipper Panel Urges STB Changes
John D. Boyd |
An advisory panel of railroads and freight shippers that meets regularly with the Surface Transportation Board is urging Congress to adopt cargo switching rules favored by shipper groups, but it bogge
Rail News
North-American rail
BNSF Nets $488 Million, Down 30 Percent
John D. Boyd |
BNSF Railway’s profit of $488 million in the recession-struck third quarter was down 29.8 percent from a year earlier, as revenue fell 26.7 percent to $3.49 billion.
Rail News
North-American rail
Rail Recovery Slows its Pace in Late October
John D. Boyd |
Major U.S. railroads continued to load their trains last week at a pace close to recent levels, in keeping with a freight recovery that is now moving in a narrow volume range.
Rail News
North-American rail
DOT Just Says No to Medical Marijuana Use
John D. Boyd |
People who operate airplanes, locomotives, trucks and buses would still be in violation of Department of Transportation rules against drug use if they use marijuana, despite a reported shift by federa
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
Union Pacific Profit Falls 26 Percent to $517 Million
John D. Boyd |
Union Pacific Railroad generated a profit of $517 million in the third quarter, down 26 percent from a year earlier as revenue fell 25 percent to $3.47 billion.
Rail News
North-American rail
Planner Urges Infrastructure Development
Bill Mongelluzzo |
Major infrastructure development is at a standstill in Southern California and other regions because planners are not leveraging the economic, environmental and community benefits of an efficient good
Transport, Trade and Regulation News
Trucking News
Rail News
Hub Group Profit Falls 42 Percent
John D. Boyd |
Intermodal marketing company Hub Group reported a $9.8 million profit in the third quarter, down 42 percent from a year earlier as revenue of $389 million fell 24 percent.
Rail News
Trucking News
North-American rail
Rails Cut Jobs to New Low in September
John D. Boyd |
Jobs at major U.S. railroads got scarcer from mid-August to mid-September than at any other point in the recession so far.
Rail News
North-American rail
Canadian National Orders 70 Big Locomotives
John D. Boyd |
Canadian National Railway is ordering 70 new high-horsepower locomotives, splitting them evenly between suppliers GE Transportation and Electro-Motive Diesel.
Rail News
North-American rail
Supreme Court to Hear Cargo Case
R.G. Edmonson |
The U.S. Supreme Court on Tuesday agreed to hear a case that should clarify what laws apply when international shipments are damaged in transit within the United States.
Transport, Trade and Regulation News
Container lines
North-American rail
CN Profit Falls 16.5 Percent to $439 Million
John D. Boyd |
Canadian National Railway’s net income slid 16.5 percent in the third quarter from a year earlier to $439 million, on an 18 percent drop in revenue to $1.758 billion.
Rail News
North-American rail
FRA Plan Backs Federal Help for Rails
John D. Boyd |
The Federal Railroad Administration issued a “preliminary national rail plan” as required under a 2008 law to give some structure to developing passenger train service alongside the freigh
Rail News
CN’s Chicago Traffic Delays Increase
John D. Boyd |
Canadian National Railway said its trains blocked roadway crossings eight times during September when trains stopped for 10 minutes or more along the suburban Chicago rail line it recently acquired.
Rail News
North-American rail
No Let-Up for Railcars’ Vanishing Act
John D. Boyd |
One of the last areas of the freight sector to recover from severe recession may be the rail equipment market. With an estimated 500,000 railcars or more parked across the U.S.
Rail News
US Shippers Look North and South
Joseph Bonney |
Hallmark Cards once used the Los Angeles and Long Beach ports for virtually all its imports into the United States.
Maritime
Rail News
Forwarding
Rail Union Suspends Arrested President
JOC Staff |
The Brotherhood of Locomotive Engineers and Trainmen on Thursday placed National President Edward Rodzwicz on a leave of absence pending outcome of the charges levied against him by the U.S.
Rail News
Short Line Traffic Edges Higher
John D. Boyd |
North America’s small railroads – regional carriers and low-mileage short lines – pushed their volume to 92,646 new loads in the week ending Oct.
Rail News
Intermodal Spikes, but Rail Carloads Slump
John D. Boyd |
New intermodal loadings spiked at major U.S. railroads last week to their peak level so far this year, but carloads of bulk materials and heavy machinery or equipment slumped.
Rail News
North-American rail
Cargo Crime Fight Grows
Thomas L. Gallagher |
Membership is growing in a worldwide organization dedicated to stopping cargo crime.
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
Rail Union President Charged With Bribery
John D. Boyd |
Edward W. Rodzwicz, national president of the Brotherhood of Locomotive Engineers and Trainmen, faces a federal charge of bribery.
Rail News
Freight Transportation Climbed in August
Thomas L. Gallagher |
Freight transportation was on the upswing through the summer, as indicated by the U.S. Department of Transportation’s closely watched Transportation Services Index.
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
Analyst Says Pacer Could Exit UP-Stacktrain Service
John D. Boyd |
A well-known rail and intermodal analyst, Ed Wolfe of Wolfe Research, is projecting that Pacer International could end up renegotiating its cut-rate contract with Union Pacific Railroad by getting out
Rail News
North-American rail
S&P Says RailAmerica Likely Eyeing Buys
John D. Boyd |
Short line operator RailAmerica may be looking for acquisitions now that it has completed an initial public offering of stock, said Standard & Poor's Ratings Services.
Rail News
Schneider Exec Sees Growth Coming
Bill Mongelluzzo |
Surface transportation should show modest growth through 2010 and then take off strongly in 2011 with double-digit growth in volume, a Schneider Logistics executive said Tuesday.
Transport, Trade and Regulation News
Forwarding
LTL
Truck brokers
North-American rail
J.B. Hunt Reported Close to Intermodal Deal
JOC Staff |
J.B.
Rail News
Trucking News
North-American rail
CSX Profit Falls 23 Percent to $293 Million
John D. Boyd |
Eastern-U.S.
Rail News
North-American rail
Genesee & Wyoming Traffic Falls
John D. Boyd |
Short line holding company Genesee &Wyoming said traffic fell 16.7 percent in the third quarter on lines it held a year earlier, but newly acquired properties brought in enough business that its c
Rail News
RailAmerica IPO Begins Trading at $15
John D. Boyd |
RailAmerica said its initial public offering of stock – 10.5 million shares by the short line holding firm and 11.5 million by an affiliate of its owner, Fortress Investment Group – priced
Rail News
Rails, Ports Go to China to Market West Coast
Bill Mongelluzzo |
Executives of the Union Pacific and BNSF railroads will join representatives of the six major West Coast container ports to promote the ports as an efficient and environmentally-friendly gateway for A
Maritime
Forwarding
North-American rail
Clouds Hang Over Rails
John D. Boyd |
Rail traffic was already on shaky ground when heavy rainstorms in the Southeast waterlogged key parts of the national network during what should have been a busy workweek.
Rail News
RailAmerica to Offer Minority Slice to Public
John D. Boyd |
A minority stake in the short line holding company RailAmerica, owned by Fortress Investment Group, will be offered for sale through an initial public offering of common stock.
Rail News
Clock Ticking for CN-EJ&E
John D. Boyd |
A former top rail regulatory lawyer is asking the Surface Transportation Board to review its December decision allowing Canadian National Railway to acquire a suburban Chicago short line.
Transport, Trade and Regulation News
Rail News
Small Railroad Traffic Firms
John D. Boyd |
Freight traffic at North America’s small railroads turned in its strongest weekly performance since Aug. 22, in the RMI RailConnect index of short line activity.
Rail News
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