Intermodal

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Union walks out of port contract talks Leaders of longshore unions walked out of the start of talks aimed at extending the current contracts for dockworkers at East and Gulf coast ports in a dispute over automation.

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Canadian Pacific Railway strengthened its Sales and Marketing team with the addition of two new vice presidents and reorganized the group's structure to better meet the needs of current and future customers. The team comprises three business units, each led by...
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Scott Hudson has been named senior transit and rail manager in the Dallas office of WSP USA, formerly WSP | Parsons Brinckerhoff, the engineering and professional services consultancy. Hudson has two decades of experience designing and managing highway, rail, and bus...
canadian-national-profits-on-us-tax-changes
Canadian National Railway said net income increased by 156% to C$2.61 billion ($2.12 billion) in the fourth quarter from a year ago while earnings per share soared by 164% to C$3.48 ($2.82) on changes to the U.S. corporate tax rate...
norfolk-southern-powers-4q-income
Norfolk Southern said net income for the fourth quarter totaled $3.97 million and earnings per share were $13.79, thanks to federal tax cuts that added $3.48 billion to the bottom line. For the year, net income was $5.4 billion with...
petroleum-up-again-in-weekly-carloads
Petroleum and related products were one of the few gainers as the Association of American Railroads reported U.S. weekly rail traffic was 508,239 carloads and intermodal units, down 2.9% from the same week a year ago. Total volume for the week...

north-american-freight-rail-groups-join-on-nafta-support
The freight rail associations representing Mexico, the United States and Canada, sent a joint letter to negotiators ahead of the sixth formal round of North American Free Trade Agreement (NAFTA) discussions being held in Montreal, Quebec, Jan. 23-28. Leaders of the...
railroads-and-government-shutdowns
Whether a federal government shutdown lasts one day or for weeks or months, safety-critical functions affecting railroads are undisturbed. Agencies such as the Federal Railroad Administration (FRA), Pipelines and Hazardous Materials Safety Administration (PHMSA), National Transportation Safety Board (NTSB) and Surface...
record-quarter-for-kansas-city-southern
Kansas City Southern reported record fourth quarter 2017 revenues of $660 million, an increase of 10% from fourth quarter 2016. Overall, carload volumes increased 5% compared to the prior year, also a fourth-quarter record. Operating expenses in the fourth quarter were...
cp-sees-best-ever-q4
Canadian Pacific Railway had its best-ever fourth quarter, with revenues up 5% to $1.71 billion and an operating ratio of 56.1 for the October-December 2017 period. The Calgary-based company said earnings per share increased 159% to $6.77, which included an...
record-containers-and-rail-moves-for-south-carolina
Container volume grew 9% in 2017 for the South Carolina Ports Authority, with a record-setting 2.2 million twenty-foot equivalent container units (TEU) handled during the year. Total container volume in calendar 2017 surpassed the previous record of 2 million TEUs achieved...

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