Rail News

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

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.

Jobs at major U.S. railroads got scarcer from mid-August to mid-September than at any other point in the recession so far.

Canadian National Railway is ordering 70 new high-horsepower locomotives, splitting them evenly between suppliers GE Transportation and Electro-Motive Diesel.

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.

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.

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

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.

Hallmark Cards once used the Los Angeles and Long Beach ports for virtually all its imports into the United States.

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.

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.

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.

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.

Membership is growing in a worldwide organization dedicated to stopping cargo crime.

Edward W. Rodzwicz, national president of the Brotherhood of Locomotive Engineers and Trainmen, faces a federal charge of bribery.

Freight transportation was on the upswing through the summer, as indicated by the U.S. Department of Transportation’s closely watched Transportation Services Index.

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

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.

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.

J.B.

Eastern-U.S.

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

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

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

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.

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.

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.

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.

The city of Beaumont, Texas should see a marked improvement in downtown traffic congestion thanks to the Port of Beaumont’s $10.5 million rail improvement project, now being reviewed by the stat

The lull suggested by recent carload freight loadings at major U.S. railroads was evident again in the latest week, as volume showed only a mild rebound from flood-depressed levels.

Kansas City Southern had predicted for months that finances for the rail company would improve after it wrapped up a costly track project near Houston and issued more stock.

If you’ve got a big complaint on rail issues to put before the Surface Transportation Board, federal regulators will now want to hear your argument, up close and personal.

A year after Congress told federal regulators to issue $20 million in grants to help short line railroads recover from storm damages, the Federal Railroad Administration is ready to make the final $5

An alliance between U.S.

The U.S. Department of Commerce awarded a $6 million Economic Development Administration grant to the Jacksonville Port Authority to help improve the Blount Island Marine Terminal railroad system.

Introduction of a rail regulatory reform bill in the Senate still awaits agreement with some shippers, said Sen. Jay Rockefeller, D-W. Va.

The Federal Railroad Administration will make grant awards this winter out of its $8 billion stimulus fund for freight and passenger rail systems.

Standard & Poor's Ratings Services lowered its ratings on Panama Canal Railway Co. (PCRC), including lowering the long-term corporate credit rating to 'B+' from 'BB'.

A week-long curb on some shipments in and out of the U.S. Southeast, along with a fitfully slow freight recovery, combined to douse overall volume on small North American railroads.