Rail Industry News
CN Rail says coal exports steady, no recession signs
(Source: Reuters, September 22, 2011) NEW YORK — Canadian National Railway Co. sees no drop in coal exports nor signs of a double-dip recession even though it expects years of sluggish economic growth ahead. Full story: Reuters
Shares of U.S. railroad companies slide
(Source: Associated Press, September 21, 2011) NEW YORK — Shares of railroad companies tumbled Wednesday on concerns about lower coal shipments. Coal is a major category for railroads, and a significant drop in coal shipments could hurt railroad company profits. Full...
Shares of U.S. railroad companies slide
(Source: Associated Press, September 21, 2011) NEW YORK — Shares of railroad companies tumbled Wednesday on concerns about lower coal shipments. Coal is a major category for railroads, and a significant drop in coal shipments could hurt railroad company profits. Full...
CP Rail to upgrade north line on grain, potash demand
(Source: Reuters, September 21, 2011) NEW YORK — Canadian Pacific Railway is spending $300 million to improve its northern mainline across the Canadian Prairies to take advantage of strong global demand for potash and grains. Full story: Reuters
CP Rail to upgrade north line on grain, potash demand
(Source: Reuters, September 21, 2011) NEW YORK — Canadian Pacific Railway is spending $300 million to improve its northern mainline across the Canadian Prairies to take advantage of strong global demand for potash and grains. Full story: Reuters
AAR: Weekly intermodal volume highest since 2008
(Source: Association of American Railroads press release, September 22, 2011) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported a mixed results in weekly rail traffic, with U.S. railroads originating 299,914 carloads for the week ending...
AAR: Weekly intermodal volume highest since 2008
(Source: Association of American Railroads press release, September 22, 2011) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported a mixed results in weekly rail traffic, with U.S. railroads originating 299,914 carloads for the week ending...
CSX announces 69th annual Santa Train to run on November 19
(Source: CSX press release, September 21, 2011) KINGSPORT, Tenn. — Country music stars Keifer and Shawna Thompson of Thompson Square will be the celebrity guests on the 2011 Santa Train. The husband-and-wife act that has taken the country by storm will accompany CSX,...
CSX announces 69th annual Santa Train to run on November 19
(Source: CSX press release, September 21, 2011) KINGSPORT, Tenn. — Country music stars Keifer and Shawna Thompson of Thompson Square will be the celebrity guests on the 2011 Santa Train. The husband-and-wife act that has taken the country by storm will accompany CSX,...
DOT announces $83 million for New England passenger rail projects
(Source: U.S. Department of Transportation press release, September 21, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today announced $82.7 million to improve high-speed and intercity passenger rail in Rhode Island, Maine, Connecticut and Vermont....
DOT announces $83 million for New England passenger rail projects
(Source: U.S. Department of Transportation press release, September 21, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today announced $82.7 million to improve high-speed and intercity passenger rail in Rhode Island, Maine, Connecticut and Vermont....
Job opportunities as railroads are hiring
(Source: Minneapolis Star-Tribune, September 18, 2011) MINNEAPOLIS, Minn. — While some industries remain in layoff mode and many others are wary of hiring, the nation's railroads are waving their want ads and hosting job fairs. Full story: Star-Tribune
Job opportunities as railroads are hiring
(Source: Minneapolis Star-Tribune, September 18, 2011) MINNEAPOLIS, Minn. — While some industries remain in layoff mode and many others are wary of hiring, the nation's railroads are waving their want ads and hosting job fairs. Full story: Star-Tribune
Longshoremen arrests: all or none
(Source: Journal of Commerce, September 19, 2011) WASHINGTON, D.C. — In a show of solidarity at rough protest last week, the entire membership of International Longshore and Warehouse Union Local 21 turned themselves in Friday in response to warrants filed against...
Longshoremen arrests: all or none
(Source: Journal of Commerce, September 19, 2011) WASHINGTON, D.C. — In a show of solidarity at rough protest last week, the entire membership of International Longshore and Warehouse Union Local 21 turned themselves in Friday in response to warrants filed against...
Tampa port completes deal on ethanol, rail system
(Source: Tampa Tribune, September 19, 2011) TAMPA, Fla. — The Port of Tampa has completed a partnership with CSX Corp. and Kinder Morgan Energy to bring ethanol into the Tampa market on the nation's first ethanol train-to-pipeline distribution system. Full story:...
Tampa port completes deal on ethanol, rail system
(Source: Tampa Tribune, September 19, 2011) TAMPA, Fla. — The Port of Tampa has completed a partnership with CSX Corp. and Kinder Morgan Energy to bring ethanol into the Tampa market on the nation's first ethanol train-to-pipeline distribution system. Full story:...
BNSF’s Rose calls for major infrastructure spending
(Source: Journal of Commerce, September 16, 2011) WASHINGTON, D.C. — BNSF Railway Chairman and CEO Matthew Rose called for a coordinated and massive investment in U.S. transportation infrastructure to preserve the country’s advantage in facilitating trade. Full story:...
BNSF’s Rose calls for major infrastructure spending
(Source: Journal of Commerce, September 16, 2011) WASHINGTON, D.C. — BNSF Railway Chairman and CEO Matthew Rose called for a coordinated and massive investment in U.S. transportation infrastructure to preserve the country’s advantage in facilitating trade. Full story:...
Norfolk Southern, CSX stocks fall amid coal forecast cuts
(Source: Boomberg news, September 21, 2011) NEW YORK — Norfolk Southern stock fell the most in more than a year as CSX stock also tumbled after two coal companies cut their forecasts. Full story: www.bloomberg.com
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