Rail News

North Baltimore, Ohio — Scheduled for opening in early 2011, CSX says this 185-acre site south of Toledo will also become the “nerve center” of its entire intermodal network.

As rail executives peer through the fog of uncertainty around the economic outlook for the rest of the year, many find their intermodal business lighting the path ahead.

A push-pull this week over future rail legislation had state farm commissioners urging Congress to enact a law to force more shipper-oriented competition onto U.S.

With a major set of construction projects across the Midwest and along the Atlantic seaboard, CSX Transportation plans to turn its intermodal operations into a sleek network for cross-country containe

Major U.S. freight railroads hit their highest load levels of 2010 in intermodal as well as bulk carload shipments during the week ending July 31, the Association of American Railroads said.

In a first such case against a railroad, an Environmental Protection Agency action against “excessive train engine idling” has prompted a Massachusetts commuter rail agency to spend over $

Intermodal and logistics services provider Pacer International posted a $1.4 million profit in the April-June period, up from a $7.3 million loss a year earlier, as its intermodal and logistics units

Railcar manufacturer FreightCar America narrowed its second-quarter loss to $1.3 million from $3.3 million a year earlier and said, while recent car orders were weak, other market conditions are impro

Washington’s Port of Grays Harbor is $4 million closer to its goal of more than $15 million for construction of additional rail storage tracks in the marine terminal complex.

Union Pacific Railroad moved its first revenue trains through the new Joliet Intermodal Terminal on Aug. 3, launching UP’s fifth major box-handling yard in the Chicago area.

Equipment manufacturer Caterpillar said its Progress Rail Services unit completed the planned purchase of heavy locomotive builder Electro-Motive Diesel.

When the Obama administration completed the paperwork to release $100 million in a stimulus grant to help untangle Chicago’s time-wasting web of railroad tracks and city streets, it tied the spe

Swift Transportation pulls up to Wall Street a different company than the one that left the stock exchange in 2007. Swift isn’t just smaller, it’s more intermodal.

More than halfway into a year that’s been a seller’s market for freight transportation of all kinds, the surge in ocean container rates may be losing steam.

The freight rail business is looking more like two markets than one, a fast-paced intermodal segment marked by equipment tightness and other business segments marked by uncertainty about the economic

Norfolk Southern Railway said its Maintenance of Way and Structures Department pushed through $21 million in track, signal and bridge work in seven days in southwestern Pennsylvania, closely timed to

Union Pacific Railroad is promoting Lance M. Fritz to executive vice president for operations as of Sept. 1, as Dennis J. Duffy plans to retire as vice chairman for operations.

A 3.8 percent increase in coal shipments from week to week pushed freight loadings for major North American railroads to their highest level in a month for the most recent week, but raw commodities fo

American Railcar Industries saw its net income swing to a $5.9 million loss in the second quarter, down from a $1.1 million profit a year earlier.

Railcar and barge builder Trinity Industries posted an $18.4 million profit on $543 million in sales in the second quarter, a sharp turnaround from last year’s $209.4 million loss on $716 in rev

RailAmerica, a major operator of short line railroads across the United States, said it lost $4.2 million in the second quarter after charges totaling $8.5 million for early debt retirement and the co

The Port of Pittsburgh Commission is getting a $1.157 million grant from the Environmental Protection Agency to refit some towboat engines, in the latest

World trade by sea, land and air will grow by 8.1 percent in 2010 after declining by 7.2 percent last year, according to a forecast published by IHS Global Insight.

Orders to U.S. factories for big-ticket manufactured goods dropped 1 percent last month, the second straight monthly decline and the largest drop since August 2009, the Commerce Department said.

Deutsche Bahn, the German railway and logistics group, boosted first half profits by over 26 percent from a year ago driven by a 40 percent surge in rail freight volumes and significantly higher air a

Canadian Pacific Railway had a 23 percent rise in net income from the second quarter of 2009, to $162 million, while revenue grew 20 percent to about $1.2 billion.

Norfolk Southern Railway’s second quarter net profit surged 59 percent to $392 million, the railroad said, while revenue rose 31 percent from a year earlier to $2.43 billion.

Kansas City Southern, the smallest of North America’s Class I railroads, powered back from tough recession financials to post a $37.4 million profit for the second quarter that was up 527 percen

Kansas City Southern’s railroad in Mexico reopened its flood-damaged Anahuac Bridge over the Salado River in northern Mexico on July 24, and immediately began running trains again through the no

The Department of Transportation gave final approval to an innovative $300 million loan package to help Denver remake its Union Station passenger rail center into a light rail and bus hub.

A push by the Obama administration to get as much stimulus money out the door as possible is spawning projects tied to road, rail and sea.

It’s getting to be a taxing wait for U.S. short line railroads, whose owners hoped Congress would have renewed a popular tax credit for track repairs by now.

Norfolk Southern Railway is counting on approval of its plan to expand and upgrade its Toledo, Ohio, intermodal yard to keep pace with rival CSX Transportation in a race for eastern railroad supremacy

Shippers, truckers and railroads were scrambling to recover from floods that disrupted one of North America’s key trade corridors — the roads and rail lines linking Laredo, Texas, and Mont

Eight short line railroads in four New England states will share in a grant from the Environmental Protection Agency to refit aging locomotives with anti-idling devices.

A formal accord between the U.S.

Rail equipment leasing giant GATX depended partly on a pickup in its shipping operations to post a 69 percent profit jump to $21.5 million in the second quarter, from a year earlier, while earnings at

Union Pacific Railroad turned in a second-quarter profit that was up 53 percent from a year earlier to $711 million, and was 17 percent of its $4.182 billion in receipts.

Federal stimulus funds slated for high-speed rail in Ohio should be spent on highways instead, Republican candidate for governor John Kasich said.

Intermodal middleman and logistics firm Hub Group posted a 16 percent gain in second-quarter net income from a year earlier, to $9.63 million, as volume in its main box-shipment business jumped by 25