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U.S. and Canadian railroads appear to be relatively unaffected by the global tech outage that grounded flights and disrupted businesses today, although Union Pacific and Canadian Pacific Kansas City did experience some computer issues. “The CrowdStrike software outage has had varying levels of impact across Union Pacific’s network,” spokeswoman Clarissa Beyah said on Friday morning. […]
LOWELL, Ark. — The Quantum premium intermodal service that J.B. Hunt and BNSF Railway launched last year is not growing as quickly as hoped in a slumping freight market, but on-time performance has topped expectations, J.B. Hunt executives said on the company’s earnings call this week. Quantum takes aim at highly service-sensitive freight that has […]
CHARLESTON, W.Va. — Railroads are moving more traffic than a year ago, but investors aren’t piling into railroad stocks. The stock prices of four of the five Class I railroads trading on the New York Stock Exchange are down this year despite railroads’ volumes being flat, or up slightly, through the first half of 2024 […]
WASHINGTON — Thirty-year-high mortgage rates and a double-digit decrease in U.S. housing starts from a year ago has only curbed Class I railroads’ lumber business by about 3,300 carloads, down just 1%, compared to July 2023. Now proposed Federal interest rate cuts could rejuvenate residential housing starts and give railroads’ lumber business a jolt. U.S. […]
WASHINGTON — Federal regulators are summoning executives from the six Class I freight railroads to a rare public hearing to explain how their companies plan to invest in and grow their business amid concern over recent negative volume trends. In a notice published today (Friday, July 12), the Surface Transportation Board said it also welcomes […]
JACKSONVILLE, Fla. – CSX has become the fourth Class I railroad to join RailPulse, the telematics joint venture that aims to put GPS equipment and sensors on freight cars to monitor their location and health in real time. The announcement, made today, leaves BNSF Railway and Canadian National as the only major systems sitting on […]
JACKSONVILLE, Fla. – CSX will report its second-quarter financial results about two weeks later than normal as it reviews prior period capitalization of engineering materials and labor costs, the railroad announced on Monday evening. The railroad will release its earnings on Aug. 5. In each of the past two years its second quarter financial results […]
If you’ve seen Canadian Pacific 4-6-4 No. 2816 charge through your town this spring — or if you’ve been lucky enough to chase Canadian Pacific Kansas City’s Final Spike Steam Tour — I’m envious. Thus far I’ve had to settle for being an armchair railfan as the steam spectacle of the year unfolds. Now, don’t […]
Holiday trains & Polar Express Train Rides (2024) Holiday trains & Polar Express Train Rides (2024): It’s never too early to start planning for a magical train ride with family and friends — especially when tickets go on sale during the spring and summer for some venues. Purchasing a ticket for a holiday ride on […]
Canadian Pacific Kansas City expects to see continued international and cross-border intermodal growth across its network thanks to a combination of ample port capacity and the railway’s ability to tap new markets, CEO Keith Creel says. On the international side, the ports of Vancouver, British Columbia; Saint John, New Brunswick; and Lazaro Cardenas, Mexico, each […]
The Chicago, Burlington & Quincy Railroad, commonly known as the Burlington Route, had many other Zephyrs. While not as prestigious as the Pioneer, Twin Cities, Mark Twain, Denver and California Zephyrs, these other streamlined trainsets and services, famously named after the Greek God of the West Wind, deserve a spotlight. Sam Houston Zephyr Fort […]
Rock Island history is a mighty good history. In 1847 the Rock Island & La Salle Rail Road was chartered to build between Rock Island, Ill., on the Mississippi River, and La Salle, where connections would be made with the Illinois & Michigan Canal to Chicago. Contractor Henry Farnam persuaded the organizers to extend the […]
