The Association of American Railroads (AAR) on Nov. 12 filed comments with the Surface Transportation Board (STB) regarding two NPRMs (Notice of Proposed Rulemakings): Final Offer Rate Review (FORR) and Streamlined Market Dominance Approach (SMDA). The former, AAR said, should be scrapped because it is “unlawful” and lacks standards. The latter requires substantial limitations in scope.
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended Nov. 9, 2019, and, for this week, total U.S. weekly rail traffic was 515,269 carloads and intermodal units, down 5.9% compared with the same week last year.
In the Association of American Railroads Nov. 6, 2019 traffic report, Senior Vice President Policy and Economics John T. Gray succinctly notes what is dragging rail freight down: “Sluggish growth abroad and trade developments are weighing on business investment, exports, and manufacturing. Unfortunately, those are precisely what drive much of the freight carried by U.S. railroads, and their weakness goes a long way in explaining why rail traffic is down right now. Railroads are hopeful that policymakers here and abroad will take sensible actions aimed at accelerating growth and removing the uncertainty that’s constraining many economic sectors.”
The Association of American Railroads (AAR) recently reported U.S. rail traffic for the week ended Oct. 26, 2019, and for this week, total U.S. weekly rail traffic was 513,147 carloads and intermodal units, down 8.8% compared with the same week last year.
No news is good news—or at least that’s how it seems when the Association of American Railroads (AAR) reports on U.S. rail traffic. But according to some industry analysts, the U.S. Class I freight rail industry is in a recession.
Subcommittee on Transportation, Housing and Urban Development (T-HUD) Ranking Member Jack Reed has received the Railroad Achievement Award from the Association of American Railroads and GoRail “in recognition of his continued leadership on issues directly and indirectly affecting freight and passenger railroads.” AAR President and CEO Ian Jefferies presented Reed with the award on Oct. 22 in his Washington D.C. Senate office.
The Association of American Railroads (AAR) announced the 2019 recipients of the Holden-Proefrock Award, Danny Simpson, and the 2018 Non-Accident Release (NAR) Grand Slam Awards, presented to 41 companies. The awards are given annually to individuals, shippers and railroads operating in hazardous material fields.
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended October 12, 2019, and it’s more of the same.
For the 40th consecutive week, U.S. rail freight traffic has declined—a 4% year-over-year drop—according to the Association of American Railroads (AAR), while Canadian traffic saw some slight year-over-year improvements and Mexican traffic was slightly down.
Dwindling coal markets; domestic intermodal and chemical sector growth; and disruptions to manufacturing, agricultural and international intermodal markets have led to the eighth consecutive month of U.S. rail traffic declines, according to the Association of American Railroads (AAR).