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Slump Persists For US Rail Volumes
Thursday, February 20, 2020 - 12:44pm | 438U.S. rail traffic year-to-date continues to trend downward compared with the same period a year ago, according to the Association of American Railroads (AAR). U.S. rail volumes totaled 3.38 million carloads and intermodal units for the first seven weeks of the year, a 6.2.% decline from the same...
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US Rail Traffic Starts Off New Year In A Slump
Thursday, January 9, 2020 - 2:38pm | 539U.S. rail volumes kicked off the new year by continuing a monthslong slump, with traffic down 5.1% compared with the same period a year ago. U.S. rail volumes totaled 414,014 carloads and intermodal units for the first week of the year that ended on Jan. 4, according to the Association of American...
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FreightWaves Insiders – Keeping It Rail W/ President & CEO Of Association Of American Railroads
Thursday, September 19, 2019 - 1:06pm | 115This week we step inside the world of an industry that's been rolling for nearly 200 years. Ian Jefferies of the Association of American Railroads talks about rail's role in the economy, an industry in transition, Precision Railroading, Positive Train Control, drones, data, and automation. ...
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PSR Changes Largely Done, Railroads Make Intermodal Pitch
Thursday, September 19, 2019 - 12:26pm | 1158Collectively known as precision scheduled railroading, the efficiency drives have made intermodal more "operationally friendly, but not necessarily . . . more customer friendly," Larry Gross, principal of Gross Transportation Consulting, said at the Intermodal Association of North America's annual...
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The Street Debates: Should Investors Buy The Dip In CSX?
Wednesday, July 17, 2019 - 4:23pm | 677Railroad company CSX Corporation (NASDAQ: CSX) reported Tuesday with second-quarter results that were notable for a miss on the EPS and revenue lines. Here's how some of the Street's top analysts reacted. The Analysts RBC Capital Markets' Walter Spracklin maintained...
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Virgin Trains USA Expanding Service In Florida, California And Nevada
Monday, July 8, 2019 - 11:46am | 680FreightWaves features commentary from Market Voices – contributors with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. Virgin Trains USA, the only privately owned railroad in the United States, received approval to expand in Florida...
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Federal Railroad Administration Awards Funds For Railroad Infrastructure Construction And Repair
Thursday, June 13, 2019 - 4:40pm | 719The Federal Railroad Administration (FRA) is awarding more than $326 million in grants to help states and localities repair, maintain and build rail infrastructure supporting freight rail and intercity passenger rail. Grant money from the Consolidated Rail Infrastructure and Safety Improvements...
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May U.S. Intermodal Volumes Drop 5.9 Percent
Thursday, June 6, 2019 - 10:12am | 477U.S. intermodal volumes fell 5.9 percent in May, while carloads fell 2.1 percent amid economic uneasiness and uncertainties surrounding U.S. trade between Mexico and China. U.S. railroads originated 1.3 million containers and trailers in May, down 5.9 percent from May 2018, according to the...
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Port Report: Savannah Looks To Be New Gateway Into The Midwest
Monday, June 3, 2019 - 11:29am | 866The Port of Savannah aims to boost its market share of freight moving into the U.S. Midwest, saying it offers a cheaper way into the Gateway of the West than the West Coast gateways. To that end, the Georgia Ports Authority (GPA) said on May 31 that it is forming a partnership with the St. Louis...
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Federal Railroad Administration Nixes Proposed Crew Size Mandate
Tuesday, May 28, 2019 - 10:27am | 636The Federal Railroad Administration (FRA) has stopped the rulemaking process to create a mandate for two-person freight train crews. The FRA said on May 23 that it was withdrawing its notice of proposed rulemaking for train crew staffing. The agency said that the railroads have maintained a strong...
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Rail Customers Air Grievances On Railroad Billing Tactics
Thursday, May 23, 2019 - 12:12pm | 876Manufacturers of the raw materials that go into the end products that American consumers rely on for daily living warned regulators that they may have no choice but to raise prices as a result of what they consider to be systematic overcharging by the railroads. The first day of what was scheduled...
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Nevada Approves Two-Member Train Crews; U.S. Headcount Dips
Monday, May 20, 2019 - 10:45am | 561Nevada joins Colorado in requiring freight trains to have at least two crew members on board. Governor Steve Sisolak (D) signed A.B. 337 into law on May 15. The legislation mandates that a Class I or Class II rail operator have at least two crew members for a freight train running in the state....
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U.S. Rail Volumes Down Year-Over-Year In April, But Grow Slightly From March
Thursday, May 2, 2019 - 4:03pm | 582April rail volumes fell year-over-year but rose slightly from March 2019, the Association of American Railroads (AAR) said on May 1. Meanwhile, the AAR predicted that improving economic conditions could lead to rail volumes stabilizing or growing in the second half of the year, although some...
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Freight Rail Trade Group Pans Elements Of Surface Transportation Board Report
Wednesday, May 1, 2019 - 7:46pm | 675A staff report by the Surface Transportation Board (STB) recommending how board members should modify existing rate review methodologies got a mixed reaction from the Association of American Railroads (AAR), a trade group representing the Class I railroads, Amtrak and other carriers. The STB...
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BNSF Responds To Pacific Northwest Legislation Targeting Crude-By-Rail
Wednesday, May 1, 2019 - 3:51pm | 1032As state legislatures react to the growing volumes of crude oil being transported by rail in the Pacific Northwest, their responses will continue to bump up against the freight railroads' federally mandated obligation to move goods, including hazardous materials. Washington state's Senate...