Rail News
Growth in Intermodal Rail Leads to New Warehouse Real Estate
Trucking is by far the predominant mode of shipping in the U.S., but it has its constraints, from driver shortages to escalating costs and roadway congestion, and while freight matching technology is improving, it also has helped the intermodal industry move into its next evolution as well.
CSX Delivering Profits That Hunter Harrison Was Promising
CSX Executive James M. Foote and his new management team at CSX released record financial results for the third quarter of 2018 and promised to carry out former CEO Hunter Harrison’s vision of a new, more efficient and more profitable railroad.
CSX Announces Record Second Quarter 2018 Financial Results
CSX rises after stunning Wall Street with rail-efficiency gains including second-quarter operating ratio setting a U.S. record as costs fall and cargo demand for coal and consumer goods fuel sales increase.
Future Pricing Risks for Rail Shippers & Receivers Worrisome
Any logistics shipper planning facilities in or near major metro areas would be wise to think ahead and have competitive modes in place for future price negotiations with the rail oligarchy.
CSX Provides Surface Transportation Board with Update on Precision Scheduled Railroading Progress
In a letter to leadership at the United States Surface Transportation Board, CSX CEO James Foote outlined the progress the Jacksonville, Fla.-based Class I freight railroad carrier has made in its ongoing implementation of Precision Scheduled Railroading.
CSX CEO E. Hunter Harrison Dies at Age 73
CSX CEO Hunter Harrison has died at the age of 73, the company said Saturday, the news comes a day after CSX disclosed Harrison took a leave of absence for undisclosed medical reasons.
Agriculture Industry Turns to Rail Transportation to Maximize Harvest Season
A farmer’s financial success hinges on proper planning and execution before the agriculture calendar turns to fall, this includes proper supply chain planning and a consistent and dependable rail service product to meet market demand.
CSX Names E. Hunter Harrison as CEO
Company announces agreement with mantle ridge to reconstitute its board, CSX shareholders to vote on proposed reimbursement in respect of foregone compensation of E. Hunter Harrison at upcoming annual meeting of shareholders.
Train Derailment Prompts Evacuation of Ellendale
A train derailment and hazardous chemical spill has prompted the partial evacuation of a small southern Minnesota town.
Transportation Regulators Are Off The Rails, Again
Shippers argue consolidation within the industry make it tough to force the kind of deal-making that leads to lower prices due to four railroads carrying 90 percent of America’s freight traffic.
CSX Shares Rise as Q3 Results Beat Estimates
CSX Corp. shares rose in Wednesday’s extended session after the railroad operator posted better-than-expected quarterly results, third-quarter earnings fell to $455 million, or 48 cents a share, from $507 million, or 52 cents a share, a year earlier.
GE Buys Software Company ShipXpress to Bolster Rail-Industry Supply Chain
The deal will complement GE’s sensor technology and Predix operating system to improve shippers’ ability to move goods and transfer information, GE Transportation said in a statement.
Two BNSF Freight Trains Collide, National Transportation Safety Board Begins Investigation
Two BNSF freight trains collided at 8:25 a.m. Tuesday, resulting in a derailment and fire, there were four crew members total, two on each train.
Levitation Technology Could Revolutionize Transportation
Hyperloop Transportation Technologies, says it has licensed technology that is safer and cheaper than what conventional high-speed trains use.
Canadian Pacific Calls Off Bid for Norfolk Southern
Canadian Pacific said today it was giving up on its $28 billion bid to buy Norfolk Southern Corp, after more than five months during which the No. 4 U.S. railroad rebuffed its advances and many customers spoke out against a deal.
Canadian Pacific Looking For Early Approval of Merger Structure
Canadian Pacific says it will ask federal regulators for preliminary approval of the structure of its proposed takeover of Norfolk Southern railroad.
Rail & Intermodal Looks Healthier in 2016
Intermodal is set to surge due to driver shortage issues and reliance on public spending for highway infrastructure.
Norfolk Southern Rejects Canadian Pacific’s Offer
U.S. railroad operator Norfolk Southern Corp formally rejected a revised offer from Canadian Pacific Railway Ltd, saying it was worth less than CP's earlier proposal.
Canadian Pacific Officially Confirms Interest in Acquiring Norfolk Southern
Norfolk Southern has confirmed it received an unsolicited, low premium, non-binding highly conditional indication of interest from Canadian Pacific to acquire the company.
London’s Crossrail Transportation Infrastructure Tunneling Project Complete
The Prime Minister and Mayor of London Boris Johnson celebrated the completion of Crossrail’s tunnels by going 40 metres below the capital to thank the men and women who are constructing the new £14.8 billion east-west railway.
Featured Companies
FTR Associates is the industry leader in freight transportation forecasting. Currently our principal source of business is forecasting U.S. freight by mode of transportation, NAFTA commercial vehicle sales and production, U.S. trailer factory shipments, N.A. railcar deliveries…
Deringer delivers ongoing value by taking the time to understand your evolving business needs and forging long term partnerships. Our caring people work with you to develop tailored solutions that improve efficiencies, reduce overall supply chain costs, and manage risk…
Landstar’s network of independent agents and transportation capacity providers offers greater flexibility and a local presence that has a global reach. The Landstar network is unmatched in the industry. With 1,300 independent agents, 10,000+ leased owner operators, 16,000+ trailers and 59,000 other available…
Crossrail Ltd (CRL) is a company which was established in 2001 to promote and develop these vital links to meet the needs of people and businesses throughout the South East, and to ensure that London continues in its role as the…
LaneHoney is a market for trucks on demand. We bring new on-demand efficiencies, all-to-all transacting and transparency to the spot market for truck capacity. LaneHoney provides freight shippers and truck carriers unparalleled access to freight market intelligence by displaying to…
Yusen Logistics is an award-winning global logistics provider with 60 years of expertise in freight forwarding and transportation. With over 20,000 employees and 475 offices, we service Asia, Australia, Europe, South America and North America. Along with our global and domestic network, we…
Association of American Railroads
America’s freight railroads operate the safest, most efficient, cost-effective, and environmentally sound freight transportation system in the world — and the Association of American Railroads (AAR) is committed to keeping it that way. Founded in 1934, AAR is the world’s…
Vector Global Logistics is an asset free, multi-modal logistics company that provides exceptional sea freight, air freight, truck, rail, general logistic services and consulting for our clients. Our highly trained and professional team is committed to providing creative and effective…
Canadian National Railway Company
A rich history and a bright future. We are more than just a railroad. We are a transportation company that offers integrated transportation services: rail, intermodal, trucking, freight forwarding, warehousing and distribution. We continue to deliver the goods year in…
Founded in 1981, eCustoms is a privately-owned company with a wealth of experience providing export compliance software solutions to companies and institutions. Our global export compliance solutions are scalable, intuitive, and user-friendly, and can be tailored to meet the needs of…
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