Argus honors Covanta, CSX with prestigious Win-Win Award

Edit PR Newswire 25 May 2016
HOUSTON, May 25, 2016 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has named Covanta Sustainable Solutions and eastern Class I railroad CSX as the 2016 recipients of its prestigious Win-Win Award. The Argus Win-Win was awarded today at the North ... ....

Five U.S. Class I Railroads Implement Connected Transportation Solutions from LILEE Systems

Edit Business Wire 23 May 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--#class1rail--LILEE Systems today announced that its systems have been adopted by five of seven U.S. Class I railroads ... ....

Great Lakes Basin Transportation - presentation by County staff to Planning & Zoning Committee 5/18/16 (Kankakee County, IL)

Edit Public Technologies 23 May 2016
Chicago is the preferred interchange point for much of the freight traffic carried by the six Class 1 railroads serving the city, with about 500 freight trains operating in the area on an average weekday ... And because Chicago is the most important hub for the six largest Class 1 railroads, those delays reverberated throughout the entire North American rail network....

American Hotel Income Properties REIT LP Reports Record First Quarter 2016 Financial Results

Edit Stockhouse 13 May 2016
... was up +56.6% to $10.7 million compared to $6.8 million in the same period last year and EBITDA margin improved by 350 basis points to 26.6% (2015 - 23.1%) Certain Rail Hotels were impacted by lower rail carload volumes as Class I railroads continued to face headwinds primarily from lower coal shipments and lower exports caused by a strong U.S....

AAR Reports Weekly Rail Traffic for the Week Ending May 7, 2016 (AAR - Association of American Railroads)

Edit Public Technologies 11 May 2016
AAR - Association of American Railroads) ... 11, 2016 - The Association of American Railroads (AAR) today reported U.S ... Class I railroads originated 63,261 carloads of crude oil in the first quarter of 2016, down 21,664 carloads or 25.5 percent from the fourth quarter of 2015 and down 49,828 carloads or 44.1 percent from the first quarter of 2015....

Koppers Holdings Inc. Reports First Quarter 2016 Results (Koppers Holdings Inc)

Edit Public Technologies 06 May 2016
The results for the Railroad and Utility Products and Services (RUPS) business slightly declined due to a combination of lower demand in our rail joint product line caused by reductions in capital budgets for most North American Class I railroads, and the discontinuance of toll treating services provided to the acquirer of our U.S....

Canadian National Pledges Support to Develop Midwest Inland Port

Edit TT News 03 May 2016
DECATUR, Ill. — Canadian National, the largest railroad in Canada and one of the largest railroads in North America, pledged its support May 2 to developing the Midwest Inland Port in Decatur, Ill. CN, which is one of three Class I railroads providing service to Decatur businesses, has joined the strategic development coalition for the port....

Freight Group Says St. Louis Region Has Undersold Role as Logistics Hub

Edit TT News 02 May 2016
Tweet  Print This.  . Whitney Curtis/Bloomberg News. The St. Louis region is the farthest point north on the Mississippi River before a barge encounters locks and dams, and is home to two international cargo airports. Four interstates slice through the area, as do six Class 1 railroads. “We need to do a better job of telling people what we have to offer ... Louis Downtown Airport ... Louis region, Lamie said ... St. Louis Post-Dispatch ... ....

STB ISSUES SUPPLEMENTAL NPR REQUIRING CLASS I RAILROADS TO PUBLICLY FILE WEEKLY DATA REPORTS ON SERVICE PERFORMANCE (Surface Transportation Board)

Edit Public Technologies 29 Apr 2016
Surface Transportation Board) The Surface Transportation Board today issued a Supplemental Notice of Proposed Rulemaking (SNPR) for purposes of establishing weekly reporting of rail service performance data by the Class I railroads and the Chicago Transportation Coordination Office (CTCO) ... 'The railroads'reporting of service performance data on an ......

Parsons Welcomes Abruzzo as Railroad Bridge Practice Leader (Parsons Corporation)

Edit Public Technologies 20 Apr 2016
'I am confident that his solid experience and reputation in the Class I railroad bridge market will serve our customers well.' ... Abruzzo has successfully delivered design services for the construction and rehabilitation of numerous Class I railroads, including Union Pacific Railroad, BNSF Railway, Norfolk Southern Railway, Indiana Harbor Belt Railroad, Canadian National Railway, and Chicago's Metra....

Port of Long Beach looks at rail instead of trucks to move more cargo

Edit LA Daily News 20 Apr 2016
The Port of Long Beach has started to study the feasibility of shipping more of its incoming cargo to the Inland Empire by short-haul rail. A train double-stacked with shipping containers could take about 750 truck trips off the highway, said Michael Christensen, the port’s senior executive lead for supply chain optimization ... Congestion is greater ... The ports would likely be working with Class I railroads, BNSF and Union Pacific....

Opposed to Further Rail Consolidation, NFU Pleased by Withdrawal of Canadian Pacific Railway Merger (NFU - National Farmers Union)

Edit Public Technologies 12 Apr 2016
The takeover of Norfolk Southern by Canadian Pacific would have consolidated two of the remaining seven Class I railway companies ... Since the Staggers Rail Act of 1980 deregulated the railroad industry, more than 40 Class I transport rail companies consolidated to form the seven companies that exist today. NFU was concerned the Canadian Pacific merger 'would trigger additional Class I railroads to merge as well,' Johnson explained ... -30-....

Could Short-Haul Rail Speed Up the Supply Chain? (The Port of Long Beach)

Edit Public Technologies 05 Apr 2016
At the same time, the Class I railroads are experiencing a decline in business due to a slump in commodities such as oil and coal ... 'There is a new openness to this strategy on the part of both our Class I railroad partners and the cargo owners we jointly serve.' ... At the time, the business case was weak and the opposition from the Class I railroad companies was strong....
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