Rail News

Massachusetts Lieutenant Governor Timothy P. Murray recently joined U.S.

Intermodal traffic rose 20.3 percent in the third quarter from a year earlier, driven by a 28.1 percent rise in import-powered international loadings, according to the Intermodal Association of North

Intermodal provider Pacer International saw its third-quarter net income jump 83 percent to $1.1 million while revenue fell, but said it would have done better had not Hurricane Alex disrupted its tra

Canadian National Railway and North America Stevedoring Company, a unit of Quebec Stevedoring, said they will soon build a multi-modal steel trans-loading facility in Chicago, to tap what is already t

Rail equipment supplier FreightCar America wrapped up its acquisition of DTE Rail Services from Detroit-based DTE Energy.

BNSF Railway, splitting its CEO and president roles, promoted Carl Ice to president and chief operating office while keeping Matthew K. Rose in the chairman and CEO positions.

Don’t tuck the peak season away just yet. Two of the biggest partners in U.S. intermodal traffic expect strong growth in demand to extend well into the fall.

The JOC Week in Review for October 29 gives you the highlights of top news stories from this week, and also a preview of the Nov. 1 edition of the Journal of Commerce.

TransContainer set a price for its forthcoming initial public offering in London that values Russia's largest rail container operator between $1.3 billion and $1.6 billion.

American Railcar Industries had revenue of $64.8 million and a net loss of $6.3 million or 29 cents per share in the third quarter of 2010, the company reported, but ARI is seeing a moderate upturn in

Parts of the U.S.

Trinity Industries, a maker of railcars, barges and highway construction support products, saw net income rise 36 percent in the third quarter to $31.5 million even though revenue shrank 3 percent to

Norfolk Southern Railway’s profit surged 47 percent in the third quarter from a year earlier, to $445 million, as revenue grew faster than expenses.

While a number of planned high-speed passenger rail corridors are still waiting for implementing contracts with freight railroads to use designated federal funds, Union Pacific Railroad CEO James R.

The largest freight railroads said they increased their U.S. employment by 1,386 workers from mid-August to mid-September, to the highest level since April 2009.

Canadian Pacific Railway saw net income fall 5.7 percent to about $191.5 million in the third quarter from a year earlier, but said freight operations are running strong and the 2009 profit had been s

Canadian National Railway’s net income rose 20.6 percent in the July-September quarter from a year earlier to $543 million, as revenue increased 15 percent to $2.072 billion.

CSX Transportation began using the first of two low-emission GenSet switcher locomotives at its Curtis Bay Yard in Baltimore.

Kansas City Southern, the smallest of the North American Class I railroads with operations split between U.S.

The still strong domestic intermodal market has Union Pacific Railroad back in the market for new 53-foot, jumbo sized intermodal containers and chassis, on top of a larger order it placed earlier thi

Stimulus spending by the Department of Transportation reached $21.2 billion as of Oct.

CSX Transportation’s robust start to the rail industry’s earnings season points to an autumn freight market that may be stronger than many expected.

North American shippers may be on the verge of a second intermodal revolution.

Federal rail regulators set in motion a process that could end with their reclaiming oversight of railroads' freight service and rate levels on cargoes that are now exempt.

North American rail freight traffic rebounded in the week ending Oct. 16, a period that included the Oct. 11 holiday in the U.S. and Canada.

The 2010 intermodal peak season for western railroad Union Pacific looks like it could continue another two months, said CEO James R. Young.

Western U.S. carrier Union Pacific Railroad posted a 51 percent gain in net income in the third quarter from a year earlier, to $778 million, as revenue increases outpaced expenses.

Norfolk Southern broke ground for the Franklin County regional intermodal facility in Greencastle, Pa., which will form a key part of the Crescent Corridor route between the Gulf Coast and the U.S.

The Port of Los Angeles has been awarded $16 million from the U.S.

U.S. Customs and Border Protection is signing up volunteers to test ocean and rail manifest systems in the Automated Commercial Environment.

The Department of Transportation is “well-positioned” to complete contract talks to launch slow-moving plans for passenger rail construction projects, and none of the 13 targeted projects are in dange

The State of Maine has reached an agreement to purchase 233 miles of track in Aroostook and Penobscot counties from the Montreal, Maine and Atlantic Railway, the governor’s office announced on Oct.

Intermodal logistics firm Hub Group saw net income soar 28 percent in the third quarter from a year earlier to $12.6 million, with double-digit sales gains by its three business segments – intermodal,

Net profit for state-owned Container Corporation of India grew by a mere 2 percent in the second quarter to $47 million as earnings plunged in the core export-import segment amid increasing competitio

The lone Republican on the Surface Transportation Board, which regulates most types of economic issues involving railroads and their shippers, said he will not seek reappointment after his term ends D

In its push to restructure rail freight shipping in the United States, Washington’s political engine can’t decide what that structure should be.

Vessel operators and railroads will shoulder a larger share of the burden as the ports of Los Angeles and Long Beach seek to achieve ambitious pollution-reduction goals over the next 13 years.

Deep under the streets of Jersey City, double-stack container trains kick up clouds of rock dust as they roll through a newly enlarged tunnel that CSX Transportation sees as key to its intermodal grow

When the Erie Railroad built the Bergen Tunnel under Jersey City in the 1860s, engineering and construction crews had to blast through three-quarters of a mile of bedrock.

After 14 years of drilling, Swiss engineers Oct.