CEO PERSPECTIVE, RAILWAY AGE, APRIL 2025 ISSUE: Challenges and opportunities are always a factor in our industry. Because we move products that people use every day that fuel the economy, success means
A Turkish company has invested hundreds of millions of dollars toward developing a soda ash supply chain that begins in Wyoming, travels west more than 1,000 miles via Union Pacific, and will
Bridget Hennessey joins HDR as Transit Strategic Communications Consultant. Also, Theodore O. “Ted” Haas, Senior Advisor (Emeritus) of PTSI Transportation, dies at 103; and Evertak appoints former Union Pacific (UP) Vice President of Engineering David Connell to its Tie Transformation Team.
At CSX, the Sarnia Mechanical Shop in Ontario marks a milestone, and the Class I ranks as a top employer by CAREERS & the disABLED Magazine readers. Also, Union Pacific (UP) announces the roll-out date for its commemorative locomotive paying tribute to America’s 16th President, Abraham Lincoln.
We adjust our models ahead of a first quarter that came with severe weather, pull forward, and growing macro uncertainties that could limit upside over the near term. We broadly lower estimates
Rate hike expectations fell 20bps sequentially, trending below the survey’s LT average. Business growth fell sharply to levels not seen since COVID. Economic confidence fell back to pre-election levels as optimism fades. 44% of shippers pulled freight forward ahead of tariffs as uncertainties grow. We are cautious on the rail group ahead of earnings, and favor Union Pacific (UP) for U.S. rail exposure.
The Surface Transportation Board (STB) on April 8 reported authorizing Genesee & Wyoming’s Central Oregon & Pacific Railroad Inc. (CORP) to lease and operate approximately 27.58 miles of line in Eugene, Ore.,
RAILWAY AGE APRIL 2025 ISSUE: Railway Age’s annual report on crossties offers market insights and the latest performance-boosting, sustainable products from suppliers.
TexAmericas Center, which owns and operates one of the largest mixed-use industrial parks in the U.S., has renewed its contract with Spring Creek Holdings LLC, which specializes in woodyard operations, land and
Union Pacific (UP) on March 27 announced that it has entered into an agreement with Jaguar Transport Holdings LLC to provide short line rail service in the Central Industrial District in Kansas City, a move that the Class I says, “will enhance customer service and support regional economic growth.”