Wester joins Gulf & Ohio Railways
Gulf & Ohio Railways announced Jan. 11 that Michael Wester joined the company on Jan. 2, 2017.
Gulf & Ohio Railways announced Jan. 11 that Michael Wester joined the company on Jan. 2, 2017.
The Association of American Railroads (AAR) reported Jan. 11 for the week ending January 7, 2017, total U.S. weekly rail traffic was 441,417 carloads and intermodal units, down 11.4% compared with the same week last year.
Noted trucking industry veteran and freight economist Noel Perry appears to hold a positive near-to-intermediate term view of freight markets, projecting truckload capacity to exceed full utilization in 2018, according to Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl. However, he is pessimistic looking out to late 2018 and beyond, noting a probable recession.
The Association of American Railroads (AAR) provided this 2017 outlook on Jan. 4:
SYSTRA announced Jan. 4 the appointment of Stanley Rosenblum as Chief Operating Officer.
The Association of American Railroads (AAR), in reporting full-year 2016 traffic figures on Jan. 4, 2017, noted that there are signs of growth following two years of declines.
The Association of American Railroads (AAR) on Jan. 4, 2017 reported total U.S. weekly rail traffic for the week ending Dec. 31, 2016 was 425,998 carloads and intermodal units, up 7.7% compared with the same week last year.
U.S. Transportation Secretary Anthony Foxx announced Dec. 30, 2016 that Martin Klepper will join the USDOT Build America Bureau (Bureau) as the initial executive director.
The League of Railway Industry Women (LRIW) announce a networking event and nature tour during the 2017 NRC Conference.
OmniTRAX Canada announced it has entered into a Memorandum of Understanding with the Missinippi Rail Consortium to commence the transfer of ownership in its Manitoba assets.