October 28, 2021 | AAR Freight Trends, Headlines, PSR
(Source: Railway Age, October 27, 2021) NEW YORK — For the week ending Oct. 23, 2021, total U.S. rail traffic was down 2.3% from the same point last year, as carload gains were cut by intermodal losses, the Association of American Railroads’ reported on Oct. 20....
October 28, 2021 | Headlines, NS, PSR, Quarterly Income
(Source: Associated Press, October 27, 2021) OMAHA, Neb. — Norfolk Southern’s third-quarter profit jumped 32% even though the number of shipments the railroad delivered remained relatively flat because it was able to increase prices on most categories of freight. Full...
October 28, 2021 | Headlines, PSR, UP
(Source: Union Pacific press release, October 27, 2021) OMAHA, Neb. — The Port of Long Beach (POLB), the Utah Inland Port Authority (UIPA), and Union Pacific Railroad announced today a bold initiative that brings rapid relief from existing port congestion by...
October 27, 2021 | CSX, Headlines, PSR, STB
(Source: Jacksonville Daily Record, October 27, 2021) JACKSONVILLE, Fla. — Before CSX Corp. reported third-quarter earnings, CEO James Foote received a letter from the railroad company’s primary regulator questioning its service level for customers. “The reason for my...
October 27, 2021 | BNSF, Headlines, PSR, UP
(Source: Freight Waves, October 26, 2021) CHATTANOOGA, Tenn. — Union Pacific and BNSF are taking additional steps to improve the fluidity of goods and products moving inland from the West Coast ports, including offering incentives to ocean carrier customers to move...
October 22, 2021 | AAR Freight Trends, Headlines, PSR
(Source: Association of American Railroads press release, October 20, 2021) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 16, 2021. For this week, total U.S. weekly rail traffic was 496,983...
October 22, 2021 | Headlines, PSR, UP
(Source: Daily Breeze, October 20, 2021) LONG BEACH, Calif. — The Port of Los Angeles hit another record cargo month in September, bringing the port’s year-to-date growth to 26% over 2020. On Tuesday, Oct. 19, there were 159 vessels in port for both the Ports of Long...
October 22, 2021 | Headlines, PSR, UP
(Source: Reuters, October 21, 2021) LOS ANGELES — Union Pacific Corp — one of two major railroads that haul cargo inland from the backed-up Los Angeles and Long Beach seaports — handled just a few dozen more containers after switching its nearby cargo terminal to...
October 19, 2021 | AAR Freight Trends, Headlines, PSR
(Source: Freight Waves, October 14, 2021) CHATTANOOGA, Tenn. — The U.S. freight rail industry is praising public and private measures encouraging supply chain partners to adopt operational practices that are 24 hours a day, seven days a week in order to relieve...
October 15, 2021 | Headlines, PSR
(Source: Freight Waves, October 15, 2021) CHATTANOOGA, Tenn. — Rail unions argue that job cuts have been too deep, resulting in a freight rail industry that doesn’t have enough network capacity for when rail volumes grow or when congestion issues arise in the supply...
