Railroads Press Against Proposals to Slow Oil Trains
U.S. railroads are rallying customers, including lumber and steel companies, to fight a government proposal to slow trains hauling crude oil.
October 16, 2014Florida Railway Paints Train Pink for Breast Cancer Awareness
Florida East Coast Railway is sponsoring the Susan G. Komen North Florida 20th Race for the Cure and painted two of its trains pink to support the cause.
October 10, 2014Surface Transportation Board Demands More Detailed Rail Service Reports
The Surface Transportation Board said it is ordering all major freight railroads to submit more detailed service reports starting later this month in the wake of ongoing delays.
October 9, 2014Trailer Orders Soar 56.9% in Strongest August in 20 Years
New trailer orders totaled 25,191 in August, a 56.9% jump from a year earlier and the highest level for that month in 20 years, ACT Research reported.
October 6, 2014Oil-by-Rail Safety Rule Seen Adding Costs: Railroads, API
Proposed federal rules to make hauling crude oil by rail safer and avoid fiery wrecks would drive up costs and put the U.S. energy revival at risk, the head of an oil industry trade group said.
September 30, 2014Trailer Orders Jump 56.9% During Best August in 20 Years
New trailer orders jumped 56.9% in August from a year earlier and rose to the highest total for that month in 20 years, ACT Research reported.
September 26, 2014July Trailer Orders Increase 36.7%
New trailer orders rose 36.7% in July from a year ago, the strongest July since 2006, ACT Research reported.
August 26, 2014Cargo Rates Trigger Shipper Backlash as US Rails Soar
After CSX Corp. raised rates for shipping specialty gas by 41% over three years, Diversified CPC International Inc. had to shutter a production line near Chicago.
August 21, 2014Trailer Orders Soar 43.9%; Strongest June in 15 Years
New trailer orders posted the strongest June in 15 years, ACT Research reported, showing further evidence the sector is poised for its strongest year in nearly a decade.
July 28, 2014Union Pacific Net Income Rises 17%
Union Pacific Corp.’s second-quarter net income rose 17% to $1.29 billion, or $1.43 per share, continuing a trend of profit growth reported by other railroads.
July 24, 2014