Railroads Industry

The United Kingdom is dealing with the same squeeze on the driver supply as in the U.S., and its main regulatory agency has just eased its hours-of-service rules for a month to cope.  The reaction? The country's major trucking trade group is not happy with the move. The U.K. had continued to use...

CSX has resubmitted its application to acquire New England short line Pan Am Railways, saying the new filing provides a more in-depth market analysis that federal regulators were seeking. The railroad is seeking to prove to regulators and existing and potential Pan Am customers how the acquisition...

A handful of freight rail-related projects have received federal funding from a popular infrastructure grant program. The U.S. Department of Transportation is awarding $905.25 million to 24 projects in 18 states via the Infrastructure for Rebuilding America (INFRA) discretionary program.  The...

BNSF is seeking companies interested in developing on two industrial sites in Texas and Montana, both of which are adjacent to the railroad. The Somerville, Texas, site features 103 acres that don't have any zoning requirements or restrictions. It is east of State Highway 36 and located 20...

The debate over which Canadian railway would provide greater benefits to stakeholders through a merger with Kansas City Southern (NYSE: KSU) appears to be pitting regions of the U.S. against each other, based on Monday releases from both railways. Canadian Pacific (NYSE: CP) says it has support...

Employment levels for the U.S operations of the Class I railroads in May were at their highest point in 2021 year to date, although overall headcount is still down year-over-year, according to data submitted to the Surface Transportation Board (STB). The increase in U.S. Class I headcount comes as...

CSX (NASDAQ: CSX) and Wabtec (NYSE: WAB) are working together to develop technologies aimed at making freight locomotives reduce fewer greenhouse gas emissions. First, the two say they are partnering to demonstrate a new technology aimed at lowering greenhouse gas emissions during the start and...

Canadian railways CN (NYSE: CNI) and Canadian Pacific (NYSE: CP) continue to make their case before regulators and the broader public about why each is the better company to acquire Kansas City Southern (NYSE: KSU). Regulators are accepting public comments on CN's proposed voting trust, which CN...

Wellesley, Massachusetts-based terminal and logistics company Enstructure plans to acquire Patriot Port Holdings, a sister company of short line operator Patriot Rail, as a way to expand its presence along the East Coast and at inland river terminals. The two have entered into a definitive...

Driver shortages and chassis availability at intermodal terminals continue to be an issue for customers, particularly in Southern California and the Midwest, according to service advisories from ocean carriers Hapag-Lloyd and Maersk. According to a Hapag-Lloyd advisory from last Friday, average...

Wabtec (NYSE: WAB) and General Motors (NYSE: GM) are collaborating on bringing battery and fuel cell technology to the freight locomotive. The two will seek to develop and commercialize GM's Ultium battery technology and HYDROTEC hydrogen fuel cell systems for Wabtec locomotives. The collaboration...

Ukrainian police have dealt a serious blow to the ransomware gang behind the cyberattacks in the U.S. transportation and logistics sector  — including the trailer maker Utility and rail operator CSX (NASDAQ: CSX)— arresting six alleged members of Clop and seizing cash, computers, and cars. The...

Rival suitors CN (NYSE: CNI) and Canadian Pacific (NYSE: CP) continue to seek to win over regulators and prove how their respective railway is the perfect partner to merge with Kansas City Southern (NYSE: KSU). Kansas City Southern (KCS) and CN want the Surface Transportation Board (STB) to...

Improving train speeds and communicating more closely with the ports are some of the ways the Class I railroads are seeking to relieve the delays plaguing the freight supply chain, according to comments made by executives at recent investor conferences. The "systemwide" delays brought about by...

Kansas City Southern's Chief Innovation Officer To Retire Brian Hancock, Kansas City Southern's (NYSE: KSU) chief innovation officer, will retire from Kansas City Southern (KCS) effective July 2, according to a company filing to the U.S. Securities and Exchange Commission. The filing did not...