Rail freight sees first decline in months
After a mostly steady climb through this year, rail freight volumes on Class I railroads are on a downgrade, and uncertainty in 2019 is looming like a blind curve in the dark.
Norfolk Southern
Norfolk Southern to serve new Georgia inland container port
Georgia is doubling down on the inland port concept, along with Norfolk Southern announcing plans for a rail-served hub 50 miles from Atlanta.
NS names Ledoux VP Government Affairs
Norfolk Southern has named Marque I. Ledoux Vice President Government Affairs, effective Jan. 1, 2019. He will replace the retiring Bruno Maestri.
Oil, grain turn in better week as GM shutdowns loom for 2019
GM’s planned plant closings shadowed already-declining shipments of vehicles moving by rail in the U.S. despite a bounceback by commodities in the latest week’s data.
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.
Vote clinches deal for Norfolk Southern HQ move to Atlanta
Norfolk Southern plans to build a $575 million headquarters complex in downtown Atlanta, after the city approved a $600 million bond offer to lure the Class I from its current base in Virginia.
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.
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.