NS Confirms 1Q24 Prelim Results
Norfolk Southern (NS) has confirmed that its first-quarter 2024 financial results are in line with the preliminary results it announced April 9, one month before the May 9 shareholder’s meeting in which
Author: Marybeth Luczak
AAR: Total Carload, Intermodal Volume Flat for Week 16
U.S. rail traffic for the week ending April 20, 2024 (Week 16), came in at 474,544 carloads and intermodal units, up 0.8%—virtually flat—compared with the same week last year, based on 216,945 carloads—down 6.7% from 2023—and intermodal volume of 257,599 containers and trailers—up 8.2%, the Association of American Railroads (AAR) reported April 24.
RailPros Acquires Omega Rail Management
Irving, Tex.-based RailPros on April 24 reported acquiring Nashville, Tenn.-based Omega Rail Management, a TerraPact company that provides right-of-way management services on more than 70 corridors across 20-plus states. “The services offered
Industry Groups Urge EPA to Deny CARB Rule
Industry groups are calling on the U.S. Environmental Protection Agency (EPA) to reject an authorization request from the California Air Resources Board (CARB) to implement a regulation that was finalized last year,
WVCO Railroad Solutions Turns 25
WVCO Railroad Solutions is celebrating 25 years of service. Based in Eugene, Ore., it supplies crosstie remediation, dispensing, railcar coating, pavement and bearing pad repair, and bridge-deck waterproofing products. “As we reach
Class I Briefs: CSX, NS, UP
CSX recognizes six shippers for their “commitment to sustainability” by converting a portion of their freight from truck to rail. Also, Norfolk Southern (NS) offers customers a Rail Emissions Report tool and introduces the “Safety Up” mobile app; and Union Pacific (UP) kick starts a plastics collection pilot.
Summer Launch Set for United Steel Supply Facility at Ports of Indiana
The Ports of Indiana on April 23 reported that United Steel Supply LLC will invest up to $10 million to open a steel processing and painting facility at its rail-served Jeffersonville, Ind.,
For GATX, 1Q24 Demand ‘Solid,’ 2024 Guidance ‘Unchanged’ (UPDATED, TD Cowen Insight)
“We continue to experience solid demand globally for most railcar types in our fleets,” GATX President and CEO Robert C. Lyons said during a first-quarter 2024 financial report. “At Rail North America,
Brightline West Breaks Ground
Brightline West on April 22 held an official groundbreaking ceremony in Las Vegas for its $12 billion, 218-mile high-speed rail project linking Nevada and Southern California. The route, which has full environmental
Intermodal Briefs: SC Ports, Stonepeak/CenterPoint Properties
South Carolina (SC) Ports marks its most significant container-volume uptick in 2024. Also, Stonepeak acquires a 1.7 million square-foot rail-served logistics portfolio in Chicago from CenterPoint Properties.