Rail News

The Canadian government plans to introduce legislation on Monday that would end a rail strike at Canadian Pacific Railway.

The Canadian government is ready to legislate the end of the

RailAmerica said it is in preliminary discussions with third parties regarding the potential sale of the short-line and regional railroad holding company.

Canadian Pacific Railway suspended Canadian service on Wednesday after union workers began a strike early in the day.

Canadian Labor Minister Lisa Raitt plans to meet with representatives of Canadian Pacific and a railroad union today in an effort to prevent a looming strike.

The owner of RailAmerica, a short line and regional railroad holding company, is reportedly trying to find a buyer for a 56 percent stake in the company, according to a report.

The Antwerp Port Authority has joined a consortium to operate a new rail freight terminal across the border of the Netherlands.

Just days after William Ackman, an activist investor, wrested control of Canadian Pacific Railroad, the honeymoon is already over.

The Obama administration’s loosening of restrictions on a costly crash-avoidance technology mandate this month did little to bring great joy to major U.S. railroads.

You’d be hard pressed to find a better barometer than intermodal traffic of the road ahead for U.S. shippers and transportation providers.

U.S. intermodal rail shipments in the week ending May 12 rose 3 percent year-over-year and was nearly flat from the previous week, according to the Association of American Railroads.

William Ackman, an activist investor, won a resounding victory on Thursday in wrestling control of

Georgian Railway plans to raise around $250 million from an initial public offering of 25 percent of its shares in London to finance its international freight operations.

With transportation representing the biggest cost factor in the domestic supply chain, retailers are locating their inland distribution facilities as close to rail ramps as possible, an industrial rea

Chicago Mayor Rahm Emanuel on Monday said the city plans to open a $200 million hub next year, as the city attempts to boost international volume through O’Hare International Airport.

A Memphis native who got his start as a carman-oiler in 1963 found himself four decades later running Canadian National Railway, the largest freight railroad in Canada.

U.S. intermodal rail shipments in the week ending May 5 rose 3 percent year-over-year but slipped 1.4 percent from the previous week, according to the Association of American Railroads.

Schneider National and BNSF Railway have extended their intermodal partnership by signing a multiyear contract, giving customers of the latter “truck-like” reliability as over-the-road cap

Transportation Secretary Ray LaHood on Thursday said the rail industry will save up to $775 million over 20 years through revisions made to a costly crash-avoidance technology mandate.

Freight ton-miles carried by the for-hire transportation industry fell 0.8 percent in March from February, the Transportat

Pacer International and CSX Transportation have extended their partnership through a new multiyear agreement, giving the intermodal middleman more opportunity to tap the Eastern shift of cargo from th

Domestic intermodal container volume in the first quarter surged 14.9 percent year-over-year, outpacing international intermodal traffic gains by a wide margin and reconfirming strong U.S.

BNSF Railway boosted profit nearly 16 percent year-over-year to $701 million, as higher pricing and a 3 percent volume rise pushed revenue up 10.3 percent.

Shippers normally opt for the expense of air service only when they need to expedite high-value cargo such as computer chips and diamonds.

The push by U.S. ports for more federal dredging dollars is finally beginning to make waves in Congress.

Much of the reason the North American railroad industry continually leads other freight modes in profitability is its ability to match demand with capacity. This year looks to be no different.

U.S. intermodal rail shipments in the week ending April 28 jumped 5.5 percent year-over-year and 1.3 percent from the previous week, according to the Association of American Railroads.

A proxy advisory services firm castigated Canadian Pacific for “an enduring failure of board leadership” in its endorsement of the seven director nominees proposed by an activist investor.

Activist investor William Ackman said shareholders should determine Canadian Pacific Railway management amid reports that some railroad directors are floating a compromise.

Genesee & Wyoming’s profit was nearly flat at $22.2 mil

The value of surface-transportation trade between the U.S.

Russia’s leading intermodal operator saw international transit traffic handled increase by 17.8 percent last year as Asia-Europe overland transport options grew in popularity.

One could be forgiven for thinking the House’s most recent extension to the surface transportation bill was about the controversial Keystone XL pipeline, rather than highway spending.

If there’s a lesson from U.S.

Canadian Pacific Railway would face a labor disruption in late May if a union representing 5,000 workers exercises a strike mandate it received from members Thursday.

U.S. intermodal rail shipments in the week ending April 21 jumped 6 percent year-over-year and 2.2 percent from the previous week, according to the Association of American Railroads.

RailAmerica lost $40.2 million in the first quarter, as an $82.4 million charge related to the early retirement of debt offset a 15 percent year-over-year revenue increase.

Pacer International on Thursday reported a 3.5 percent decrease in revenue to $345.9 million in the first quarter

Trinity Industries, North America’s largest railcar manufacturer, in the first quarter shipped twice as many railcars as it did a year ago, but new orders fell year-over-year, suggesting the rai

The threat of a national railroad labor action further receded, after a union representing maintenance of way employees joined the 12 other railroad unions in accepting a contract with major U.S.