railroad

TCA

Proposed Chicago Bypass Freight Railroad Could Have Capacity for 110 Trains a Day

Robert Couse-Baker/Flickr

A Great Lakes Basin Railroad forecast shows as many as 60 trains riding its rails daily through southern Lake and Porter counties in Indiana by its third year of operations, with that number declining to the low 50s and finally to 22 at the railroad's eastern terminus in LaPorte County.

Andrew Steele | The Times (Munster, Ind.)
November 16, 2016
TCA

Pinched by Fewer Energy Products, Rail Carriers Broadening Customers

Luke Sharrett/Bloomberg News

This year will be another disappointing one for freight rail carriers hauling fewer carloads of coal and natural-gas drilling supplies through southwestern Pennsylvania.

Daniel Moore | Pittsburgh Post-Gazette
November 15, 2016
Business, Logistics

Railroads, Shippers Draw Battle Lines Over Proposed STB Rule

Michael W. Wile/Flickr

Railroads and shipper groups have sketched their strategy for a potentially historic Surface Transportation Board battle over the future of rail competition, with comments to the agency as well as taking steps to recruit allies.

November 2, 2016
Government, Business, Logistics

Feds Want More Info on Proposed Great Lakes Basin Freight Railroad

Miles Davis/Flickr

The federal Surface Transportation Board wants to know how many trains would run on the proposed Great Lakes Basin Railroad and also wants more details on its planned connection to the South Shore Freight Railroad.

Andrew Steele | The Times (Munster, Ind.)
October 13, 2016
Government, Business, Logistics

Railroad Regulators Award $25 Million for Automatic Braking System

stantontcady/Flickr

Railroad operators around the country got a boost from federal regulators in their efforts to implement the automatic braking system known as positive train control.

Eugene Mulero | Senior Reporter
August 16, 2016
Business, Logistics

Providence and Worcester Railroad Sold for $125 Million

Jon-Lewis/Flickr

Genesee & Wyoming Inc. has an agreement to buy Worcester’s Providence and Worcester Railroad Co. under a $125 million deal unveiled Aug. 15.

Donna Goodison | Boston Herald
August 16, 2016
Business, Logistics

Union Pacific Profit Tops Estimates on Cost Cuts as Cargo Drops

Ken James/Bloomberg News

Union Pacific Corp. reported profit that beat analysts’ estimates after cutting costs as the railroad heads for its first annual drop in sales since the recession in 2009.

Thomas Black | Bloomberg News
October 22, 2015
Business, Logistics

Intermodal Rail Volume Drops 15.7%

U.S. rail intermodal traffic fell for the third straight week, declining 15.7% in the week ended Feb. 21 compared with the same week last year, the Association of American Railroads reported.

February 25, 2015
Business, Logistics

Canadian Pacific Stoppage Ended by Binding Arbitration

A two-day strike at Canadian Pacific Railway Ltd. by the Teamsters Canada Rail Conference ended when both sides agreed to binding arbitration to end a dispute covering approximately 3,000 train crew workers.

Rip Watson | Special to Transport Topics
February 17, 2015
Business, Logistics

Union Pacific Promotes Lance Fritz to CEO

Union Pacific

Union Pacific announced that it has promoted Lance Fritz to CEO from chief operating officer, succeeding John Koraleski, who was named executive chairman.

February 6, 2015

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