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Daily Headlines

AAR reports rail traffic for week ending April 11, 2020

(Source: Association of American Railroads press release, April 15, 2020) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 11, 2020. For this week, total U.S. weekly rail traffic was 412,503...

Rail traffic nosedives, but AAR remains optimistic

(Source: Railway Age, April 15, 2020) NEW YORK — The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended April 11, 2020, and it’s clear that the coronavirus continues to wreak havoc: Total carloads for this week were 198,726 carloads,...

Kansas City Southern reports record revenue in1Q 2020

(Source: Freight Waves, April 17, 2020) CHATTANOOGA, Tenn. — Kansas City Southern saw record revenue of $731.7 million in the first quarter of 2020, a 7% increase from the first quarter of 2019 amid revenue gains for its chemicals and petroleum segments as well as for...

KCS reports 1Q 2020 results

(Source: Kansas City Southern press release (PDF), April 17, 2020) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record revenues of $731.7 million, an increase of 8% from first quarter 2019. Overall, carload volumes were up 4% compared to prior year. First...

Tribe stands up to BNSF’s despicable behavior

(Source: Bonner County Daily Bee, April 14, 2020) SANDPOINT, Idaho — In the case, Swinomish Indian Tribal Community v. BNSF Railway Company, a court of law finally held BNSF accountable recently for failing to honor its commitments to a Native American tribe. Full...

Hoffa statement on Great American Economic Recovery Industry Group

(Source: International Brotherhood of Teamsters press release, April 15, 2020) WASHINGTON, D.C. — The following is the official statement of Teamsters General President James P. Hoffa on his appointment to the Great American Economic Revival Industry Group. "It is...

Metra may lose 97% of riders and over $500 million due to coronavirus

(Source: Chicago Sun-Times, April 15, 2020) CHICAGO — Metra is expecting significant loss in vital revenue streams due to the coronavirus pandemic impinging on the lives of its traditional riders. Tom Farmer, CFO of Metra, projected a loss of nearly $536 million in...

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