April 29, 2020 | CN, Headlines
(Source: Freight Waves, April 28, 2020) CHATTANOOGA, Tenn. — The worst of the COVID-19 pandemic’s effect on freight rail activity is yet to come, said executives during Canadian National’s first-quarter earnings call on April 27. Full story: Freight...
April 29, 2020 | BNSF, Headlines
(Source: CBS Minnesota, April 28, 2020) MINNEAPOLIS, Minn. — On a rather uncomfortable spring day hunger is forcing folks to line up in the rain. The ongoing COVID-19 pandemic only fuels the need as unemployment strains a family’s food budget. To help keep the CES...
April 29, 2020 | CN, Headlines
(Source: BNN Bloomberg, April 28, 2020) MONTREAL — The head of Canadian National Railway Co. is calling on businesses to take Canada’s future into their own hands as the country continues to navigate the COVID-19 pandemic and works to get the economy back up and...
April 29, 2020 | Headlines, Oil Train
(Source: Williston Herald, April 28, 2020) WILLISTON, N.D. — Bakken crude oil is not more volatile than other oils, so says the Department of Energy in a report it submitted to Congress on Tuesday, April 28. The Department of Energy had commissioned a study to...
April 29, 2020 | Headlines, NS, Quarterly Income
(Source: Freight Waves, April 29, 2020) CHATTANOOGA, Tenn. — The costs associated with Norfolk Southern’s actions to divest a portion of its locomotive fleet resulted in lower net profits for the company in the first quarter. First-quarter net income was $381 million,...