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KANSAS CITY, Mo. – Kansas City Southern reported higher-first quarter volume, revenue, and profits today but withdrew its outlook for the year in light of ongoing uncertainty related to the economic impact of the COVID-19 pandemic. KCS also scaled back this year’s capital spending plans by at least 10% due to anticipated volume declines, which are […]
J.B. Hunt containers head east on a BNSF intermodal train at Brookfield, Ill., in November 2019. A J.B. Hunt executive says the company is experiencing its best rail service ever. TRAINS: David Lassen Railroads’ intermodal service is the best it’s ever been, J.B. Hunt executives said during the company’s first-quarter earnings call on Tuesday. Darren […]
The publicly traded Class I railroads will begin to report first-quarter earnings this week, with Kansas City Southern kicking off results on Friday. Investors may be more interested in learning how railroad management teams expect their systems to weather the economic storm caused by the coronavirus pandemic, which week by week has accelerated already-declining North […]
HO scale locomotives Electro-Motive Division FP7 and F3B diesel locomotives. Western Pacific (orange, silver, and black paint scheme). FP7 (California Zephyr service with no wings on nose and freight service renumbers [white or black number boards], one road number each). F3B (California Zephyr service with square herald, one number). FP7 and F3B set (California Zephyr […]
CHICAGO — The North American Rail Shippers Association today announced the cancellation of its 2020 Annual Meeting planned on May 12-14, 2020 in Kansas City, Mo. Every year, the NARS organization looks forward to connecting with the rail shipping community at the NARS Annual Meeting and sharing insight from industry leaders. Given the growing concerns […]
HO scale locomotives Electro-Motive Division GP18 diesel locomotive. Baltimore & Ohio (blue and yellow, one road number), Illinois Central (black and white), Norfolk & Western (black and white), Burlington Northern (Cascade Green and black in three numbers, Northern Pacific patchout in one number), Nickel Plate Road (black and yellow), and Northern Pacific (black and yellow). […]
A westbound Norfolk Southern intermodal train passes through Goshen, Ind., in March 2018. Norfolk Southern stock has dropped 45% since Feb. 19 as part of the general market selloff triggered by the coronavirus pandemic. TRAINS: David Lassen Railroads should brace for sharp traffic and revenue declines this year as the coronavirus pandemic plunges the global […]
An eastbound BNSF intermodal train rolls through Western Springs, Ill., on March 7, 2020. A lull in international intermodal traffic is expected to last another four to six weeks. TRAINS: David Lassen Railroad traffic is expected to take a hit from the economic fallout surrounding the coronavirus pandemic. International intermodal volumes have declined since China […]
Broadway Limited Imports HO scale Pennsylvania RR GG1 electric locomotive HO scale locomotives Pennsylvania RR GG1 electric locomotive. Pennsylvania RR (Dark Green Locomotive Enamel with brown roof, five gold leaf stripes, and Futura or Roman lettering in three numbers each; Dark Green Locomotive Enamel with broad buff stripe and Roman lettering in two numbers; and […]
Just as rail blockades end in one country, they resume in another. On the same day Canadian protestors in Quebec ended an almost month-long blockade [see “Trains News Wire Digest for Friday, March 6“], Kansas City Southern has informed customers that protests are once again disrupting operations on Kansas City Southern de Mexico, as well […]
Bachmann HO scale 2-10-0 Russian Decapod steam locomotive HO scale locomotives 2-10-0 Russian Decapod steam locomotive. Atchison, Topeka & Santa Fe; Erie; St. Louis-San Francisco (Frisco, with doghouse); Western Pacific; and painted black but unlettered. Dual-mode TCS WOWSound decoder; Keep-Alive capacitor; Chuffinity technology; cog V-belt flywheel drive; metal motor bearings; separately applied stack, domes, cab, […]
WASHINGTON D.C. — A federal judge has decided that crew size will be part of the debate during the upcoming round of national bargaining set to begin this week, and unions say they will work together to protect two-person crews. Late last year, eight major freight railroads filed a lawsuit in U.S. District Court in […]
