Rail News

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.

Although the peak shipping season is getting under way at major North American railroads, rail executives say they expect little change from recession-socked traffic levels.

The Federal Railroad Administration and state transportation departments are pushing small stimulus grants through to bolster the rail system even though there is no word yet on any of the larger gran

CSX Transportation launched intermodal train service between Buffalo, N.Y., and the seaports of New York City and Philadelphia, in a bid to win more container business from the East Coast to the Canad

The recovery in freight traffic hit some washouts at major U.S. rail operations in the week ending Sept.

RailAmerica will sell a minority stake of the short line holding company now owned by Fortress Investment Group, in an initial public offering of common stock.

SNCF, France’s state-owned railway, said it will sharply increase container traffic and offer high speed express services as part of a $1.5 billion plan to boost market share and move its freigh

The United Steelworkers’ Local 1976, based in Montreal, ratified a three-year contract deal with Canadian Pacific Railway that raises wages three percent in 2010 and 2011 but leaves pay unchange

Surface trade with Canada and Mexico sank 28 percent in July compared with a year earlier, the Bureau of Transportation Statistics of the U.S. Department of Transportation reported Sept. 30.

A prototype switching locomotive that Norfolk Southern Railway showed off this week is a plug-in electric unit with 1,500 horsepower of pulling energy, zero exhaust and a pack of 1,080 batteries.

When E. Hunter Harrison retires at the end of this year as president and CEO of Canadian National Railway, one of CN’s key new facilities will bear his name in his old home town.

A rail regulatory reform bill is still stuck in shadowy Senate-industry negotiations.

The western railroads have lost much of their East Coast intermodal cargo to all-water liner services from Asia, and now they must work diligently to preserve their market share in key inland location

The Surface Transportation Board said railroads saw their capital costs rise to 11.75 percent in 2008 from 11.33 percent the year before, raising the amount carriers could recover in freight rates.

Rail freight traffic at North American short lines grew moderately in the middle week of September after the previous week saw a slowdown for Labor Day.

Bouncing back from a shortened week that included Labor Day, major U.S. rail operations had their strongest intermodal performance of 2009 in the week ending Sept.

Canadian National Railway reached agreement with a Chicago-area suburb that opposed CN’s acquisition of the Elgin, Joliet and Eastern Railway, which runs through several suburban communities tha

The Sept. 24 story “Canadian Pacific Seeking to Lure U.S.

Canadian Pacific Railway, looking to capitalize on the regulatory stability and supply chain collaboration Canada has developed, intends to help the Port of Vancouver increase its share of the lucrati

Norfolk Southern Railway got two major rail routes back in service after days of flood closures this week around Atlanta, but it will be a while before traffic is back to normal.

RailAmerica, the large owner of small railroads that is now owned entirely by Fortress Investment Group, increased the amount of its planned offering of public shares to $450 million from an earlier $

FreightCar America earned a $7 million profit in the second quarter, with revenue as it earlier indicated at $104 million, the railcar manufacturer said in its delayed financial report after completin

Train traffic is rising on the Chicago-area short line that Canadian National Railway absorbed this year, but CN told regulators it further reduced long train-caused delays at roadway crossings in Aug

The seven largest railroads operating in the United States boosted their overall train and engine crews from mid-July to mid-August, but job cuts elsewhere took employment down from a month earlier.

Freight industry officials now confirm what the statistics already show: The worst freight downturn in decades apparently bottomed out months ago. But there’s not a lot of celebrating over that.

In a windy cornfield of north-central Iowa, the nation’s largest wind tower staging facility is about to get a lot bigger, building on what has been a fast-growing busine

Watco Transportation, which bills itself as the leading private U.S.

In a Labor Day-shortened loading week that took overall short line traffic to its lowest level since the July 4 holiday, short lines surveyed by RMI still reported gains in some cargoes that show dema

Rail equipment manufacturer FreightCar America said it completed an accounting review that goes back to 2007, and is restating 2008 profit to more than double what it first reported.