Shippers expect 3.4% rate increases over the next 6-12 months, up 30bps sequentially and roughly in line with our survey average. Business growth expectations improved while economic confidence stepped down. 24% of
Railroad volume growth has been scarce over the past two years, but it has shown up—primarily in the form of international intermodal—so far in 2024. The chart below consolidates loads for the
Midyear Report, Railway Age July 2024 issue: 2024’s tumultuous first half should transition to a calmer period. But then again …
FROM THE EDITOR, RAILWAY AGE JULY 20224 ISSUE: When CSX President and CEO Joe Hinrichs joined us last month for our annual Rail Insights conference, I wanted to take the discussion in
WATCHING WASHINGTON, RAILWAY AGE JULY 2024 ISSUE: Those scorpions in a bottle—the Brotherhood of Locomotive Engineers and Trainmen (BLET) and the Transportation Division of the International Association of Sheet Metal, Air, Rail
The last week of June was an eventful one for New Jersey Transit (NJT) and its riders. On the negative side, service on the portion of Amtrak’s Northeast Corridor (NEC) in New
For 77 days in 2019, I held the distinction of having ridden every rail transit line in the United States in its entirety. Then two events happened. One was the opening of
The United States Court of Appeals for the Fifth Circuit on June 21, 2024 ordered the Federal Railroad Administration to cease its attempt to limit BNSF’s use of ATI (Automated Track Inspection).
The Federal Railroad Administration released the latest update of its Long-Distance Service Study in mid-June. While there is nothing definitive revealed as far as routes (if any) likely to be recommended for
Union Pacific (UP) is leveraging technology to support safe operations from every viewpoint—on its tracks, inside its locomotives and hundreds of feet off the ground with its drones.