Rail freight traffic loses speed in latest week
Amid roiling markets, weaker commodities and intermodal shipments may be signaling a correction for U.S. rail freight.
CN
GEXR leased segment reverts to CN
At midnight on Nov. 16, 2018, the 20-year lease of part of the 184-mile Goderich-Exeter Railway (GEXR) from CN came due, and the Class I lessor took back the lines.
U.S. court could give assist for CN oil ‘pucks’
A recent U.S. court decision could give an assist to a CN-designed product aimed at making transportation of crude-by-rail safer and cheaper.
New Norfolk Southern appointee Farrell to aid PSR implementation
Norfolk Southern made a key executive appointment as it took another step in its previously-announced plan to implement Precision Scheduled Railroading.
Grain off as crude again powers U.S. carloads
Surging shipments of crude-by-rail are fast putting other commodities in the rearview, while U.S. trade policy slows grain exports by domestic growers, according to the Association of American Railroads.
Carloads slow rail freight through October
Carload commodity freight on U.S. railroads continued to slow but intermodal shipments set a brisker pace through the first 10 months of this year.
CN acquires TransX
Canada’s CN has reached an agreement to acquire the TransX Group of Companies, one of the country’s largest and oldest transportation companies.
AAR: Carloads, intermodal growth slows
If the latest commodity carload data are any indication, there could be uncertainty ahead for the U.S. economic rally.
Network upgrades lift CN earnings
Third-quarter profits at CN jumped on higher revenues as the largest Canadian railroad finished up projects to improve its network capacity.
Rail a critical link as planners honor Port NOLA’s strategic vision
With rail as a central piece, the Port of New Orleans saw its development plans honored as it transforms the busiest U.S. Gulf maritime gateway.