Aadnesen retires from GREX
Chris Aadnesen is retiring as Executive Chairman of the Georgetown Rail Equipment Company (GREX) board of directors, following a long and distinguished railroad industry career, 15 of them with GREX.
Kansas City Southern
Carloads trend up in latest week
Rejuvenated rail traffic in the United States was ahead by double digits across-the-board in the most recent week, according to the Association of American Railroads.
STB wants Class I service updates
Complaints by grain shippers and automakers have spurred the Surface Transportation Board to ask Class I railroads what they are doing to improve service across their networks.
Best-ever month for chem carloads
Railroads in the United States originated 1,028,141 carloads in February, down 0.3% from the same month in 2017, the Association of American Railroads said.
Intermodal widens weekly lead
Shipments of containers and trailers posted healthy gains while commodity carloads were weaker from a year ago.
Petroleum pumped but carloads weaker
Petroleum and related products were one of the few gainers as the Association of American Railroads reported U.S. weekly rail traffic was 508,239 carloads and intermodal units, down 2.9% from the same week a year ago.
Comms union, carmen ratify contract
Members of the Transportation Communications International Union (TCU) and Brotherhood Railway Carmen (BRC) have ratified new contract terms with the nation’s major freight railroads covering more than 17,000 employees.
Record quarter for Kansas City Southern
Kansas City Southern reported record fourth quarter 2017 revenues of $660 million, an increase of 10% from fourth quarter 2016. Overall, carload volumes increased 5% compared to the prior year, also a fourth-quarter record.
Report: Mexico fuel imports gain for U.S. rail
Railroads are seeing the benefits of surging energy shipments to Mexico from the United States, as fuel exports have increased by 40% in the past two years.
Mobile port, APM expand container facility
The Alabama State Port Authority and APM Terminals boards of directors in separate actions have approved a $49.5-million expansion of the container facility at the Port of Mobile.