The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending March 10, 2018. For this week, total U.S. weekly rail traffic was 534,282 carloads and intermodal units, up 6.2 percent compared with the same week last year. Total carloads for the week ending March 10 were 256,075 carloads, up 1.6 […]
Rail Traffic for the Week ending March 3, 2018
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending March 3, 2018, as well as volumes for February 2018. U.S. railroads originated 1,028,141 carloads in February 2018, down 0.3 percent, or 2,753 carloads, from February 2017. U.S. railroads also originated 1,104,001 containers and trailers in February 2018, up 6.9 […]
CSX on plan: More job cuts, capex to shrink
Management at CSX are staying the course set by E. Hunter Harrison. Executives told investors Thursday that they would continue the streamlining begun by Harrison, improving profits by making do with fewer railcars, locomotives and trains, eliminating jobs, slashing capital expenses, and selling off portions of the network. The railroad is also targeting an operating […]
CN Rail’s new CEO apologizes to customers, vows to clear backlogs, speed up service
Canadian National Railway Co. is apologizing for failing to keep grain shipments moving reliably by rail, and says it’s taking immediate steps to clear the backlog – including mobilizing more train cars and workers.
Rail Traffic for the Week ending February 24, 2018
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 24, 2018. For this week, total U.S. weekly rail traffic was 528,440 carloads and intermodal units, up 2.8 percent compared with the same week last year. Total carloads for the week ending February 24 were 251,970 carloads, down 1.3 […]
Reefer container shortage to persist in 2018
The consensus among those in the reefer shipping sector is that a shortage of reefer containers continues to negatively impact the sector. A closer look at the problem, however, reveals some underlying causes as well as ways to mitigate the situation. (This article requires a subscription to the Journal of Commerce. To subscribe, please click […]
Rail Traffic for the Week ending February 17, 2018
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 17, 2018. For this week, total U.S. weekly rail traffic was 539,963 carloads and intermodal units, up 3.1 percent compared with the same week last year. Total carloads for the week ending February 17 were 260,454 carloads, down 0.6 […]
FRA makes $73 million in grant funding for rail projects, operating assistance
The Federal Railroad Administration (FRA) announced plans on Thursday to administer $73 million in grant funding for capital projects that bolster intercity passenger rail and enhance rail safety. Made available through the Fixing America’s Surface Transportation (FAST) Act, the grants are designed to couple federal, state and private investments to advance rail projects. Implementing positive […]
Rail Traffic for the Week ending February 10, 2018
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 10, 2018. For this week, total U.S. weekly rail traffic was 519,545 carloads and intermodal units, up 1.6 percent compared with the same week last year. Total carloads for the week ending February 10 were 251,058 carloads, down 0.5 […]
BNSF joins blockchain alliance
BNSF Railway Company announced it recently became the first Class I railroad to join the Blockchain in Transport Alliance (BiTA), comprising more than 200 freight transportation companies working to develop blockchain standards for the logistics industry and the supply chain as a whole.