Railroads Industry

Freight broker C.H. Robinson said it would begin levying drayage surcharges in September due to worsening congestion at U.S. ports. "As you are aware, the past year has brought about unprecedented challenges for the transportation industry. Recently, it has reached a breaking point," a Thursday...

Chassis shortages and efforts to dig out containers at rail terminals continue to characterize the rail side of the U.S. import supply chain in some areas, according to customer advisories published this week by Maersk and Hapag-Lloyd. Maersk is continuing to see "high impact" for rail operations...

Greenbrier's Q4 railcar orders total 5,500 Railcar manufacturer Greenbrier has received orders worth over $530 million for 5,500 railcars. The Lake Oswego, Oregon-headquartered company said the orders are for a broad range of railcar types, including intermodal, boxcars, tanks, covered hoppers...

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. The CPT Chicago Transload terminal at CP's Bensenville, Illinois, rail yard will transload lumber and building...

President Joe Biden's executive order targeting the maritime and railroad industries, among others, calls for enhancing competition for shippers. One of the issues that the July order directs the Surface Transportation Board to examine is reciprocal switching. The board can do this by beginning a...

Kansas City Southern shareholders will wait until Sept. 3 to decide whether they will approve the merger agreement with Canadian railway CN. KCS (NYSE: KSU) had planned to hold the shareholder vote on Thursday, but it opted to postpone the meeting until after the Surface Transportation Board...

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. The railroad said Monday that it has reopened the Harvard Intermodal Facility in Marion, Arkansas, effective...

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 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. Last week, the Association of American Railroads (AAR) urged the Surface...

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. Wildfire Weather Control...

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.  KCS (NYSE: KSU) late Thursday determined that CN's (NYSE: CNI) bid to acquire KCS is still the "superior...

To view more FreightWaves infographics, click here. Image Sourced from Pixabay

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...

This story is developing. Canadian Pacific has revised its offer to acquire Kansas City Southern ahead of a shareholder meeting in which KCS shareholders would have to confirm their desire to merge with CP rival CN. CP (NYSE: CP) is offering a stock-and-cash "superior proposal" worth an estimated...

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. Net income was $1.5 billion in the second quarter, a 34% increase from $1.1...