Railroad

Canadian National Railway and TSI Terminal Systems recently announced they have taken the next step and signed a Service Level Agreement, following a Memorandum of Understanding inked in June in an effort to draw greater volumes and enhanced service levels for shippers at Port Metro Vancouver.

Five local maritime and cargo companies that have taken extraordinary steps to improve air quality collected honors at the third annual San Pedro Bay Ports Clean Air Action Plan Air Quality Awards presented by the ports of Long Beach and Los Angeles.

The U.S. House of Representa­tives unan­imously voted yesterday to support a resolution honoring America’s freight railroad industry and its employees.

More good news surfaced in the domestic rail sector yesterday as Norfolk Southern Corporation reported second-quarter 2010 net income earnings.

Shippers comprising the Waterfront Coalition are among those stakeholders now urging a quick conclusion of negotiations on a contract for the Office and Clerical Unit in southern California.

Weekly carload volumes—at 282,199—were up 3.5 percent compared to 2009 and down 13.8 percent compared to 2008.

Railroad volumes for the week ending July 10 were down year-over-year and compared to 2008, according to the Association of American Railroads (AAR).

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) fell 0.4 percent in May, following two months of sequential increases.

Rail traffic is up year-over-year in June but remains below 2008 levels.

The rebound in market conditions for the freight railroad industry—due to an improving economy—is evident based on second quarter earnings results for Class I railroad carrier CSX.

While the White House has its sights set on expanding high-speed rail in the U.S., some analysis concludes that in order for HSR to be successful more buy-in is needed from Class I railroads.

In the earlier stages of the downward economic trend of the past two years, analysts were initially reluctant to use the dreaded "r-word." But now it seems as if they’re equally wary about using another "r-word," but this time it’s "recovery." While the extent of the recovery remains uncertain, shippers will continue to be hit with rate increases across all modes.

High-speed rail is coming to America—but not without the cooperation of five Class 1 freight railroads in North America, the nation’s top transportation official says.

Spurred by increased consumer demand and inventory replenishment, intermodal volume for the first quarter trended positive due in large part to growth on the domestic side, according to the most recent Market Trends report from the Intermodal Association of North America (IANA).

A former Transportation Secretary and several top transportation policy leaders are backing the idea of a U.S. infrastructure bank to help increase funding of badly needed highway and bridge projects.