Business

Freight Rail Growth Slows Due to Competition From Trucking

CSX train Luke Sharrett/Bloomberg

Growth in rail freight has been hampered this year by competition from trucking, in part driven by trucking’s falling rates and extra capacity.

Dan Ronan | Associate News Editor
December 5, 2019
Government, Business, Technology

Analysis: US Railroad System Is Great for Freight

Amtrak's California Zephyr passes a Union Pacific train Amtrak's California Zephyr passes a Union Pacific train in Green River, Utah. (Joe Raedle/Getty Images)

The U.S. freight rail system is arguably the best and most efficient in the world.

Justin Fox | Bloomberg News
December 2, 2019
Business, Logistics

With Capacity to Spare, Railroads Have an Eye on Truck Cargo

CSX train Luke Sharrett/Bloomberg

Rail officials acknowledged on their third-quarter financial calls they have extra capacity to move goods because they are not carrying as much freight as they did in 2017 and 2018, when the economy was roaring.

Dan Ronan | Associate News Editor
October 28, 2019
Government, Business, Logistics

FRA Awards Grant to Georgia Central Railway

Georgia Central Railway Georgia Central Railway by Robert Reynolds

Dublin, Ga., has earned $8 million in grants for improvements to its rail infrastructure. A $4 million grant from the Federal Railroad Association was given to the city through its Consolidated Rail Infrastructure and Safety Improvements Program, which was matched by the Georgia Central Railway.

Lianna Norman | Special to Transport Topics
July 1, 2019
Business, Logistics

Union Pacific, CSX, Reflect Solid Economic Growth

Union Pacific Train Union Pacific Train (Nati Harnik/Associated Press)

OMAHA, Neb. — The economy appears strong to the major freight railroads that haul the products and raw materials companies rely on, but the lingering trade disputes could derail business if they continue.

Josh Funk | Associated Press
January 24, 2019
Business, Logistics

Controversial Proposal for $8 Billion Private Freight Rail to Bypass Congested Chicago

stantontcady/Flickr

CHICAGO — The managing partner of Great Lakes Basin Transportation was in familiar surroundings June 15 as he promoted his idea to build a freight railroad from the LaPorte area to southeast Wisconsin, circling Chicago to serve as a bypass around that congested city.

Andrew Steele | The Times (Munster, Ind.)
June 20, 2016