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Rail Industry News

Coal faces shipping cost challenge amid price decline

(Source: Casper Star Tribune, July 3, 2016) CASPER, Wyo. — Coal faces myriad challenges these days. Competition from natural gas, reduced demand and government regulation are the most popular reasons cited for the industry’s decline. But there’s one challenge that...

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US crude by rail movements continue to drop

(Source: Market Realist, July 4, 2016) NEW YORK — According to a monthly report published by the EIA (Energy Information Administration) on June 30, movement of crude oil by rail in the United States, including imports from Canada, fell 25.1% month-over-month to 12.8...

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NS to hold 2Q 2016 conference call on July 27

(Source: Norfolk Southern press release, July 1, 2016) NORFOLK, Va. — Norfolk Southern Corporation will announce its second-quarter financial results during a conference call and live Internet webcast at 8:45 a.m. EDT on Wednesday, July 27, 2016. Quarterly earnings...

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