March 23, 2023
Via: FreightWavesFederal regulators approved Canadian Pacific’s $31 billion acquisition of Kansas City Southern on March 15. The decision is effective April 14 and will form a new rail carrier to be called Canadian Pacific Kansas City (CPKC). That merger was approved […]
March 13, 2023
Via: Transportation TodayU.S. Transportation Secretary Pete Buttigieg recently recommended 18 large rail and bus rapid transit projects in 11 states to receive $4.45 billion in President Joe Biden’s Fiscal Year 2024 Budget Request to Congress. The projects, which require a local funding […]
January 27, 2023
Via: Transport TopicsThe contract imposed on railroad workers last fall didn’t resolve their quality-of-life issues, but already this year there are indications the major freight railroads are starting to address some of their concerns about demanding schedules that keep many of them […]
November 29, 2022
Via: Transport TopicsWith a Dec. 9 deadline looming to reach an agreement on a nationwide freight rail contract, President Joe Biden is asking Congress to intervene in the dispute, which threatens to severely damage the U.S. economy. “As a proud pro-labor president, […]
November 23, 2022
Via: FreightWavesA rail strike — or a lockout by the railroads — could occur in early December if unions and railroads can’t reach a labor agreement that satisfies everyone. Congress has the ability to stop a strike. So why is it […]
November 11, 2022
Via: FreightWavesShort-line owner and operator Regional Rail has acquired freight rail assets in western Canada from grain company G3 Canada. The acquisition from Winnipeg, Manitoba-based G3 Canada, which operates a network of grain elevators and port terminals, includes the Great Sandhills […]
November 10, 2022
Via: FreightWavesCongress should consider implementing an annual “stress test” for the railroads to ensure that railroads have adequately invested in their infrastructure and people, according to policy position papers approved by the Transportation Trades Department (TTD) at a biannual meeting this […]
November 4, 2022
Via: Transport TopicsThe Transport Topics Top 50 Global Freight Companies is a listing of the largest package, truck, rail, air and ocean carriers in the world. Companies are ranked on the basis of annual revenue from freight operations expressed in U.S. dollars. […]
November 3, 2022
Via: FreightWavesOctober was the “single best month ever” for western Canadian grain movements for CN, with the railway hauling more than 3.23 million metric tons of grain during the month. This exceeds the previous record, set in October 2020, by over […]
October 28, 2022
Via: FreightWavesOver 300 national- and state-level trade associations are pressing President Joe Biden to work with railroad unions and their employers to ratify all outstanding tentative labor agreements in order to prevent “a rail shutdown [that] would have a significant impact […]
September 16, 2022
Via: Transport TopicsMore truck parking spaces in Florida and Tennessee along with supply chain improvements for Mexico’s ports of entry in California, New Mexico and Texas are among winning projects nabbing $1.5 billion in federal infrastructure grants. “Today we are announcing transformative […]
July 28, 2022
Via: Transportation TodayU.S. Reps. Mike Kelly (R-PA) and Guy Reschenthaler (R-PA) recently sent a letter to U.S. Transportation Secretary Pete Buttigieg urging the Biden administration to prioritize freight rail to address the semiconductor shortage. Semiconductor chips are used in numerous technologies and […]
July 13, 2022
Via: Splash 247America is facing the twin threats of rail and trucker strikes just as signs emerge that its ports on both coasts are getting overloaded once again. The ongoing negotiations between dockworker unions and employees on the US west coast is […]
June 24, 2022
Via: FreightWavesRoad, rail and port projects may have to be curtailed or delayed because of the effect that rising inflation is having on the purchasing power of the $1.2 trillion infrastructure bill enacted last year. The Infrastructure Investment and Jobs Act […]
April 25, 2022
Via: FreightWavesThe Coordinated Bargaining Coalition has rejected the offer from the Class I railroads to advance payments to union members amid an ongoing impasse at the negotiating table. The coalition, which represents the 10 rail unions negotiating with the Class I […]
November 18, 2021
Via: FreightWavesRailway Supply Institute (RSI) has named Patty Long as its president, effective Nov. 29. RSI is a trade association representing railway suppliers. Its 160-plus members support the North American freight and passenger railroads. Long has over 25 years of executive […]
October 4, 2021
Via: Transportation TodayThe National Transportation Safety Board (NTSB) recently urged Amtrak and the Federal Railroad Administration to stop using “train approach warning” as the sole method of on-track safety in areas covered by positive train control. The technique uses a designated watchmen […]
September 23, 2021
Via: Transport TopicsTo understand why more than 100 containerships are waiting to enter U.S. ports from Southern California to Savannah, Ga., it helps to keep tabs on the congestion that’s building at another key junction of freight transportation: rail yards. The so-called […]
August 24, 2021
Via: Transport TopicsThe California Transportation Commission recently allocated $1.4 billion for transportation infrastructure projects, including efforts to improve freight movement. The 13-member commission is responsible for programming and directing transportation funds for highway, rail, transit and active transportation purposes. More than half […]
August 18, 2021
Via: Transport TopicsKansas City Southern decided Aug. 17 to delay a planned shareholder vote on Canadian National’s $33.6 billion offer to buy the railroad because regulators haven’t yet ruled on a key part of the acquisition plan. The vote scheduled for Aug. […]