Business, Logistics

CSX Reports Lower Q3 Net Income, Revenue

CSX train Revenue for CSX in Q3 dropped 11% to $2.64 billion compared with $2.97 billion in Q3 of 2019. (Gene J. Puskar/Associated Press)

CSX Corp. reported a slip in third-quarter financial results due to the impact of the coronavirus pandemic on shipments.

Dan Ronan | Associate News Editor
October 22, 2020
Government, Safety

DOT Announces Funding Availability for Rail Crossing Projects

Truck at rail crossing Kansas Department of Transportation

The U.S. Department of Transportation has made available $50 million in grant funding to commuter rail agencies that are conducting projects to improve safety at railway-highway crossings.

Eleanor Lamb | Staff Reporter
August 25, 2020
Business, Logistics

Union Pacific Posts Profit, Revenue Declines in Q2

Union Pacific train Union Pacific ended the quarter with 22% fewer employees, shedding 8,598 positions for a headcount of about 30,100. (Oregon Department of Transportation)

Class I railroad Union Pacific saw second-quarter income and revenue fall amid the coronavirus pandemic.

Dan Ronan | Associate News Editor
July 27, 2020
Business, Logistics

Canadian National Q2 Earnings Squeezed by Pandemic

Canadian National Railway Canadian National Railway finished the second quarter with 22,112 workers compared to 27,215 during the same period last year, a reduction of 18.7%. (Canadian National Railway Co.)

Canadian National Railway is the latest Class I railroad to feel the impact of the COVID-19 pandemic.

Dan Ronan | Associate News Editor
July 22, 2020
Government, Business, Technology, Safety

Most Railroads Nearing Positive Train Control Implementation

Norfolk Southern train A Norfolk Southern train. Congress directed railroads to fully implement PTC systems by Dec. 31, a two-year extension of an initial deadline. (Norfolk Southern Corp.)

Positive train control technology is either in advanced field testing or operational on 98% of the required route miles mandated by Congress, according to an assessment.

Eugene Mulero | Senior Reporter
May 27, 2020
Government, Business, Logistics

FRA Announces $311 Million in Funding Availability

Railroad at sunset Getty Images

More than $311 million in funding is available for projects designed to improve freight and passenger rail connectivity, federal railroad regulators announced this month.

Eugene Mulero | Senior Reporter
April 20, 2020
Business, Technology, Logistics

Navis to Acquire Assets From Biarri Rail

Navis has reached an agreement to acquire assets from freight railroad software developer Biarri Rail, the company announced Feb. 20.

February 21, 2020
Government, Business, Technology, Safety

AAR: PTC Implementation for Freight Railroads Almost Finished

BNSF Railway Co. BNSF is one of the Class I railroads that must have positive train control fully implemented by December of this year. (Thinkstock)

Implementation of automatic braking technology for freight railroads is nearly complete, an industry group indicated recently.

Eugene Mulero | Senior Reporter
February 4, 2020
Government, Business, Fuel, Logistics

Canadian Crude-by-Rail Shipments to Surge, Spurring Investment

Canadian National Railway Co. Western Canadian rail loadings had already climbed as high as 411,000 barrels a day in November despite a weeklong Canadian National Railway strike that disrupted shipments. Now they’re set to reach 550,000 barrels a day. (Brent Lewin/Bloomberg News)

Canadian shipments of crude by rail are poised to surge next year, spurring investment in new export infrastructure.

Robert Tuttle | Bloomberg News
December 19, 2019
Government, Business, Logistics, TCA

Possibilities, Costs ‘Enormous’ for A2A Rail

Alaska railroad Railroad track by the Lower Trail Lake in the Chugach National Forest in Alaska. Canadian rail lines currently get as close to Alaska as Whitehorse in the Yukon. (Getty Images)

The backers of a new rail line to link Alaska to Canada and Lower 48 markets insist it would generate upward of $5 billion of freight revenue through the state.

Elwood Brehmer | Alaska Journal of Commerce
December 5, 2019