Opinion

Commentary

‘This Scenario Is a Bit Unusual’

CSX President and CEO Joe Hinrichs got the wheels turning in late August when his railroad took labor negotiations out of national handling through the National Carriers Conference Committee (NCCC) and, well

(CSX Photograph)
Commentary

TD Cowen 3Q24 Earnings Preview

We adjust our third-quarter 2024 estimates for the U.S. railroads to reflect volumes quarter-to-date (QTD), mix headwinds and diesel tailwinds. Our TD Cowen rail survey offers a slightly negative read for the rail pricing outlook. Hurricane Helene could have notable impact in the fourth quarter for the Eastern carriers but it is too soon to know just how much. We remain cautious on U.S. group into the print.

TrinityRail EcoBox™
Commentary

Can Boxcars Compete for Truckload Movements?

Boxcars hold a special place in my unlikely vision for freight railroads’ future. I say “unlikely” because I do not think many other railroad people share this vision, but Railway Age’s interest

Commentary

TD Cowen NEARS Fall 2024 Takeaways

At the NEARS (North East Association of Rail Shippers) Fall 2024 Conference in Pittsburgh, a leading IMC (intermodal marketing company) panelist sees a 99% chance of a week-long East Coast strike as

Commentary

The Rail Growth Imperative: A Tale of Two Days

The landmark Surface Transportation Board (STB) hearing on U.S. freight rail industry growth, at which I was privileged to be one of the speakers, was a unique opportunity to listen a diverse

Commentary

Lunch Has Been Served. Wake Up!!

When I started in this business in 1992, Bob Matthews ran the Railway Progress Institute (which years later merged with the Railway Supply Association into today’s Railway Supply Institute). Bob had a