Railroads Industry

Railroads Industry Recent News

Maersk And Canadian Pacific Open Vancouver Transload Facility
A transload facility at Vancouver developed by Maersk and Canadian Pacific is open for business.
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Daily Infographic: What Is Positive Train Control?
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KCS Punts Merger Vote Until Late September
Kansas City Southern shareholders are holding off on voting on merger proposals from CN and, apparently, Canadian Pacific until late September.
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Stakeholders Detail Worries, Support On CSX Plan To Acquire Pan Am Railways
Ensuring competitive access and fortifying passenger rail service are two of the goals that stakeholders want the Surface Transportation Board to achieve as it mulls CSX's proposed acquisition of New England short line
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Staying On The Rails In Intermodal
On today's episode Dooner and The Dude are LIVE from the FreightWaves Intermodal Summit.
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KCS Shareholders In Hot Seat As CP Sets Deadline On Merger Offer
It's up to Kansas City Southern's shareholders now to determine whether the railway will continue its plan to merge with CN or revert to Canadian Pacific.
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Ida's Impact: Supply Chain Updates, Tuesday, Aug. 31
Here are Tuesday's news and notes from FreightWaves reporters and market experts in the aftermath of Hurricane Ida. This file will be updated throughout the day, so please check back. (Click here to review Monday's updates.)
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CH Robinson Announces Drayage Congestion Surcharges
Freight broker C.H. Robinson said it would begin levying drayage surcharges in September due to worsening congestion at U.S. ports.
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Congestion Persists At Rail Terminals Servicing Imports
Chassis shortages and efforts to dig out containers at rail terminals continue to characterize the rail side of the U.S.
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Rail Roundup: Greenbrier Hits 5,500 Q4 Railcar Orders; US Rail Traffic Dips
Greenbrier's Q4 railcar orders total 5,500 Railcar manufacturer Greenbrier has received orders worth over $530 million for 5,500 railcars.
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Savage, Canadian Pacific Partner On Chicago-Area Transload Facility
Logistics and materials handling provider Savage has developed and is operating a transload facility at a Chicago-area Canadian Pacific rail yard to support the construction industry.
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The Itch To Switch: Railroad Swapping In Canada Vs. The US
President Joe Biden's executive order targeting the maritime
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Kansas City Southern To Hold CN-KCS Merger Vote In September
Kansas City Southern shareholders will wait until Sept. 3 to decide whether they will approve the merger agreement with Canadian railway CN.
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Rail Roundup: BNSF Reopens Intermodal Facility; KCS, Savage Plan Railport
BNSF reopens Memphis-area intermodal facility to meet increased demand BNSF has reopened an intermodal facility in Arkansas to unlock capacity in the greater Memphis, Tennessee, area.
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Canadian Grain Shippers, Railroads Brace For Lower Grain Volumes
Canadian grain shippers expect rail service to match demand this crop year, although lingering service issues from summer wildfires plus broader network capacity concerns are also on their minds. Grain stakeholders anticipate lower volumes this crop year, which runs from Aug. 1 to July 31, 2022, as this summer's drought in western Canada will likely lower crop volumes. 
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Freight Rail Interests Press Officials Not To Overregulate
As major mergers and the infrastructure bill loom, freight rail interests are calling upon federal regulators not to burden their industry with additional mandates that they say could stymie investments for innovation.
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Hot Shots: Fire Whirl, Train Derailments, Huge Hail And More
Every Friday, FreightWaves takes a look at the past week or so in social media, highlighting images in trucking, transportation, and weather. This week features a tornado of sorts spawned by a wildfire, two train derailments in the same state, severe-size hail, and more.
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KCS Declines Canadian Pacific's Revised, $31B Takeover Offer
Kansas City Southern's board of directors spurned Canadian Pacific's revised offer to acquire KCS, but it could also hold off on a vote that would seal KCS' commitment to merge with CN. <
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Daily Infographic: The World's 10 Longest Railway Networks
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US Class I Railroads To Feds: Don't Blame Us
Much of the congestion occurring at intermodal rail terminals are ultimately related to factors beyond the control of the Class I railroads, and the railroads are doing all that they can to improve terminal throughput, assert the CEOs of U.S.-based Class I railroads to the Surface Transportation Board.
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Canadian Pacific Submits Revised Offer To Acquire Kansas City Southern
This story is developing.
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Higher Revenues Lift BNSF's Q2 Profits
A 26% gain in revenues helped boost BNSF's net profits in the second quarter of 2021. BNSF's revenues in the second quarter were $5.8 billion, compared with $4.6 billion in the first quarter of 2021, BNSF said Monday.
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US Rail Traffic Growth Slows In July
U.S. rail traffic in July continued to be higher than July 2020, but that growth appeared to be moderating.
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