Railroad

Carload volume was down 1.7 percent compared to the same week last year and intermodal volumes were up 3.8 percent.

A railroad expert provides guidance on things rail shippers should be in the know on.

Carload volume at 291,381 was up 1.3 percent compared to the same week last year, and intermodal at 244,726 trailers and containers was up 4.3 percent annually

Carload volume—at 282,262—was down 3.6 percent annually and ahead of the week ending April 14 at 276,789 and the week ending April 7 at 270,974.

Class I railroad carrier CSX last night reported record first quarter earnings of $449 million and $0.43 per share. The earnings per share performance exceeded Wall Street expectations of $0.38 per share and was up 23 percent annually.

Last week, the Department of Transportation’s Surface Transportation Board (STB) held a public hearing to explore the impact of Berkshire Hathaway’s acquisition of the BNSF Railway Company on “certain costing determinations.”

Carload volume-at 278,728-was down 4.8 percent annually, and intermodal-at 226,039 trailers and containers—was up 4.2 percent annually.

Earlier today, Class I railroad carrier Union Pacific reported that Chairman, President and CEO James R. Young is taking a medical leave of absence while being treated for pancreatic cancer.

Following a sluggish first week of 2012, rail volumes for the week ending January 14 showed solid growth, according to data from the Association of American Railroads (AAR).

Railroad and intermodal volumes continued to move in the right direction in 2011, according to data released by the Association of American Railroads (AAR).

The once tenuous situation regarding a potential railroad strike received more good news last week, when the National Railway Labor Conference said that three more railroad unions have ratified new contracts with the Class Is.

As freight transportation volumes are primarily showing flat or modest growth levels, intermodal still is showing very strong growth prospects, with the very likely possibility that the drivers for future intermodal gains are very promising.

With a December 31 deadline looming for a short line railroad track maintenance credit looming, the top executive of the American Short Line & Regional Railroad Association (ASLRRA) pulled no punches in explaining why it needs to be extended.

Carload volume—at 303,363—was flat on an annual basis.

Secretary of Transportation Ray LaHood has announced that the Port of San Francisco was awarded $2.97 million for rail improvements aimed at improving segments of its freight rail track