Intermodal doubles down on April carload gains
Freight traffic among U.S. railroads in April was 3.3% higher than the same month a year ago, according to the Association of American Railroads.
Freight traffic among U.S. railroads in April was 3.3% higher than the same month a year ago, according to the Association of American Railroads.
Union Pacific remains the safest U.S. Class 1 railroad in employee safety for the third consecutive year.
It’s not just investment bankers and Wall Street traders who are getting big bonuses. Add newly-hired railroad workers to the list.
Union Pacific Corporation reported 2018 net income in the first quarter of $1.3 billion, and a first-quarter record $1.68 per diluted share, compared to about $1.1 billion, or $1.32 per diluted share, in the same quarter a year ago.
Intermodal shipments and motor vehicle volumes regained some of their luster among U.S. Class 1 railroads in the latest weekly carload data.
Union Pacific (UP) will invest $24.2 million into its Colorado network as part of the railroad’s 2018 capital program.
The industry group representing Class I railroads wants policy makers to take a broader look at the potential deleterious effects tariffs could have on U.S. grain exports.
Higher export shipments helped drive Class I coal carloads higher in the latest week, according to the Association of American Railroads.
A real estate deal has cleared the way for Union Pacific to develop a key perishables intermodal terminal in southeastern Washington state.
While U.S. businesses tried to make sense of President Trump’s plans for punitive tariffs, they got decidedly good news from the Association of American Railroads.