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Rail Industry News

CSX sees shorter but strong peak season

(Source: Journal of Commerce, July 20, 2011) WASHINGTON, D.C. — According to the Journal of Commerce, CSX Transportation expects that the upcoming intermodal peak season will not last as long as previous years, but said the peak will be very strong. Full story:...

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UP opposes $50 container fee in Joliet

(Source: Chicago Tribune, July 19, 2011) CHICAGO — Union Pacific voiced strong opposition to a proposed $50 fee on all shipping containers that come through Joliet's intermodal facility. Full story: Chicago Tribune

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Earnings preview: Union Pacific freight railroad

(Source: Associated Press, July 19, 2011) OMAHA, Neb. — It is expected that Union Pacific's second-quarter earnings report, to be released tomorrow, will provide a sense of the health of the U.S. economy. But cost increases related to flooding and fuel could limit the...

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CSX gains large new coal business

(Source: Journal of Commerce, July 15, 2011) WASHINGTON, D.C. — CSX Transportation has begun transporting coal for a new shipper: Corsa Coal out of Somerset, Pa. Additionally, the railroad announced last week it is buying more railcars to haul more export coal. Full...

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