Railroads Industry

President Donald Trump‘s Transportation Secretary Sean Duffy touted freight train operator Union Pacific Corp.‘s (NYSE:UNP) newest locomotive, built to commemorate America’s 250th Fourth of July celebration. Sean Duffy Touts Locomotive Built To Honor Trump In a post on X on Monday...

Following a fatal collision between a tractor-trailer and freight train in Houston earlier this month, drivers are urged to take extra precautions when approaching railroad crossings. The accident occured when a Kansas City Southern train collided with a truck, resulting in the death of the...

A nearly fivefold increase in steel prices is driving railcar owners to scrap older railcars, a trend that could continue into 2022, according to railcar manufacturer Greenbrier. Jay Carter, strategic marketing manager for Greenbrier (NYSE: GBX) estimates that steel prices have risen in recent...

The Transportation Technology Center Inc. (TTCI), a subsidiary of the Association of American Railroads, has named Kari Gonzales as its new president. Gonzales, a 20-year veteran of Pueblo, Colorado-based TTCI, has been serving as the group's acting president since June. Prior to her appointment,...

As the Surface Transportation Board considers the proposed merger between Kansas City Southern and Canadian Pacific, on the forefront of stakeholders' minds will be how the two will transition their operations to serve one network, according to two transportation attorneys speaking at FTR's virtual...

Short line Indiana Rail Road (INRD) is planning a multiyear expansion of intermodal facilities for customers that want service to and from the Indianapolis market and Canadian and U.S. West Coast ports. INRD has kicked off the first phase of its expansion project, which will span three years and...

The love triangle appears to have ended: Kansas City Southern has terminated plans to merge with Canadian railway CN and has agreed to merge with rival suitor Canadian Pacific. CP and KCS confirmed Wednesday that they have entered into a merger agreement, in which CP will acquire KCS in a stock...

Wabtec has signed memorandums of understanding with Carnegie Mellon University and privately-held short line operator Genesee & Wyoming to advance the technology of battery-electric locomotives.  The partnerships will serve as the groundwork for all three parties to create a Freight Rail...

A transload facility at Vancouver developed by Maersk and Canadian Pacific is open for business. The new Pacific Transload Express facility will bring "more speed and agility to demand fluctuations while also reducing demurrage and detention costs," Maersk touted Thursday. The facility opened Sept...

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Kansas City Southern shareholders are holding off on voting on merger proposals from CN and, apparently, Canadian Pacific until late September. The announcement of the postponement referenced votes "on the previously announced definitive merger agreement with CN … and other proposals … ."...

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 Pan Am Railways. Opponents and skeptics about the acquisition want STB to make...

On today's episode Dooner and The Dude are LIVE from the FreightWaves Intermodal Summit. American Association of Railroads Vice President and Economist Luisa Fernandez-Willey joins the show to talk about the bipartisan infrastructure plan, rail congestion, and decarbonization. Operation Life-...

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. CP President and CEO Keith Creel is standing firm on a Sept. 12 deadline for KCS shareholders to respond on whether to accept CP's $31 billion...

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.) RELATED LINKSIda's flood threat keeps trucking across USHurricane Ida...