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Joanna Marsh

Joanna is a Washington, DC-based writer covering the freight railroad industry. She has worked for Argus Media as a contributing reporter for Argus Rail Business and as a market reporter for Argus Coal Daily.
Oct - 2019 -
31 October
Joanna Marsh

U.S. rail volumes still sluggish

Year-to-date U.S. rail traffic continues to trend lower.

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Joanna Marsh

Wabtec looks to international opportunities amid sluggish North American market

The rail equipment and technology manufacturer sees international opportunities as an area for business to grow.

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29 October
Joanna Marsh

GATX sues Georgia Power over alleged damages to leased railcars

The rail equipment lessor said corrosion damage was found in 160 railcars.

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Joanna Marsh

U.S. rail headcount reaches new low

The number of employees working for the U.S. operations of the Class I railroads slumps to its lowest level in years.

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28 October
Joanna Marsh

Canadian rail union eyes November strike

The Teamsters Canada Rail Conference could go on strike as early as Nov. 19 should talks deteriorate with Canadian National.

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27 October
25 October
Joanna Marsh

Record quarterly revenue boosts Greenbrier’s profits

The rail equipment manufacturer said it delivered record railcar deliveries in the quarter.

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24 October
Joanna Marsh

Slump persists for North American rail volumes

Rail volumes fell yet again and the industry is casting its doubts about the fourth quarter.

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Joanna Marsh

Norfolk Southern confident it can reach 2021 operating ratio target – UPDATE

Further operational efficiencies will push the railroad to its target, the company said.

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22 October
Joanna Marsh

Canadian National sees third-quarter profit amid headwinds

Despite lowering its operating ratio, the railroad tempers its 2019 outlook.

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Joanna Marsh

GATX wonders if slowdown is on the horizon – UPDATE

The rail equipment manufacturer sees high utilization rate but says economy faces uncertainty.

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21 October
Joanna Marsh

Moody’s sees ‘significant’ drops in Powder River Basin coal production

Coal production in the region could fall significantly in 2020, affecting rail volumes.

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18 October
Joanna Marsh

Kansas City Southern optimistic about its future

Company eyes cross-border volume growth and efficiency improvements.

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17 October
Joanna Marsh

U.S. rail volumes still falling

With U.S. rail volumes still slumping, the Class I railroads wondered in third-quarter earnings calls when the downward trend would end.

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16 October
Joanna Marsh

CSX optimistic for fourth quarter but 2020 outlook is uncertain

The eastern U.S. railroad declined to share its expectations for 2020 but said it would be prepared should rail volumes rebound.

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15 October
Joanna Marsh

Regulations prompt freight rail sector to address cybersecurity

Government initiatives are encouraging the freight rail sector to address cyber threats. But what else needs to be done?

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11 October
Joanna Marsh

Rail industry watches whether Alberta will encourage more crude-by-rail

Reports have been surfacing that the Alberta government could grant more crude-by-rail contracts.

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10 October
Joanna Marsh

Can precision scheduled railroading save the railroads’ third-quarter profits?

With U.S. rail volumes slumping in the third quarter, can PSR soften that blow to the rail’s bottom line?

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08 October
Joanna Marsh

CSX and Union Pacific make changes to sales and marketing teams

Excerpt: The companies promote and assign new roles to longstanding employees.

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07 October
Joanna Marsh

U.S. freight railroads file lawsuit against rail workers’ union over train crew size

The railroads say the union refuses to negotiate on train crew size as both sides prepare for a new collective bargaining agreement.

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Joanna Marsh

Surface Transportation Board issues decisions on demurrage and accessorial charges

The proposed actions address major rail shipper complaints voiced to the Board earlier this year.

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03 October
Joanna Marsh

CSX installs new leadership

The new executives contributed greatly to CSX as the railroad made operational changes, the company said.

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Joanna Marsh

Shippers hammer railroads with lawsuits over fuel surcharges

Companies file a flurry of lawsuits against the big four U.S. Class I railroads, alleging their fuel surcharge programs violated antitrust laws.

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02 October
Joanna Marsh

Surface Transportation Board issues two proposed rulemakings

The rulemakings address cost of capital calculations and rail performance data for chemicals and plastics traffic; shippers also press Board to act on fuel surcharges.

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Joanna Marsh

Indiana short line, rail groups file lawsuit over Illinois’ crew size law

Groups say existing federal laws trump Illinois’ mandate on train crew size.

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01 October
Joanna Marsh

Canadian National unveils plan for winter operations

The railway grappled with not only the potential for cold temperatures but also macro uncertainty in crafting plan.

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Joanna Marsh

Tech thriller author and Hunter Harrison biographer are speakers at FreightWaves LIVE Chicago

Authors Ben Mezrich and Hunter Green to share stories on how new tech ideas rattle and shake up the old guard.

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Joanna Marsh

Genesee & Wyoming subsidiary upgrades infrastructure in Georgia

The upgrades come as company and state officials eye anticipated volume growth at the Port of Savannah.

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Sep - 2019 -
30 September
Joanna Marsh

YRC Freight onboards 600 branded intermodal containers with BNSF’s help

The company is following through on a pledge to acquire 1,000 branded intermodal containers by the end of 2020.

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Joanna Marsh

More states and groups voice opinions about Washington state’s crude-by-rail law

The federal agency on hazardous materials transport has received over 4,000 comments about the law.

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26 September
Joanna Marsh

U.S. rail volumes keep falling (with video)

Year-to-date U.S. rail traffic down 3.8 percent from the same period in 2018.

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25 September
Joanna Marsh

Experts: Shippers and railroads need to repair breakdown in communication

To meet future rail demand, stakeholders must confront communication dysfunction.

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24 September
23 September
Joanna Marsh

Federal safety agency issues air brake recommendations to freight railroads

The recommendations by the National Transportation Safety Board relate to a fatal October 2018 accident in which a moving train struck a stationary one.

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21 September
Joanna Marsh

August employment level reaches new low at U.S. railroads

As precision scheduled railroading takes hold, headcount levels drop to their lowest in years.

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20 September
Joanna Marsh

Wabtec to consolidate Boise and Erie operations

The rail equipment manufacturer will close its Boise facility and move operations to Erie.

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19 September
Joanna Marsh

House Democrats seek to slow White House plan for LNG rail shipments

Two lawmakers want more extensive review of the risks and practice of using tank cars to haul liquefied natural gas.

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Joanna Marsh

U.S. rail volumes remain soft in September

Trade uncertainty and loose truck capacity continue to weigh on rail traffic.

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18 September
Joanna Marsh

Shippers to benefit from Savannah if roads can keep up

The Port of Savannah’s expansion plans will benefit shippers — so long as infrastructure needs outside the port are met.

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17 September
Joanna Marsh

Short lines group celebrates Congressional support of tax credit

The trade group has been lobbying Congress to make permanent a tax credit for infrastructure investments.

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Joanna Marsh

Kansas City Southern eyes energy opportunities in Mexico

The railroad, which has dedicated operations in Mexico, has invested in capital infrastructure related to energy.

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13 September
Joanna Marsh

Canadian railways, government have big plans for Vancouver and Prince Rupert

Millions in private and public funding are going toward the two western Canadian ports.

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Joanna Marsh

Rail authority proposes rules to make contesting rates easier

The Surface Transportation Board has proposed two rules that could ease shippers’ burdens when contesting rail rates.

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12 September
Joanna Marsh

CSX chief outlines company’s changing mindset as e-commerce grows

CSX needs to be more proactive if wants to compete with trucks, CSX’s chief said.

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11 September
Joanna Marsh

U.S. rail volumes still sluggish

U.S. rail volumes are down nearly 4% year-to-date amid a 6.6% decline for coal and a 4% drop for intermodal.

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10 September
Joanna Marsh

Union Pacific investigating cause of explosive train derailment

The railroad was building the train when it derailed and caused a tank car to catch fire.

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Joanna Marsh

Almost a quarter of the Class I’s network is interoperable

The Class I railroads are steadily implementing positive train control, but the railroads overall still have a ways to go before the December 2020 deadline.

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Joanna Marsh

Surface Transportation Board: 3 Class I railroads have sufficient returns for capital improvements

Three Class I U.S. rail operations earned enough returns on investment in 2018 to support their capital projects.

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09 September
Joanna Marsh

Greenbrier unveils new covered hoppers for grain shipments

The railcar manufacturer says the covered hoppers are shorter but enable faster grain discharges.

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06 September
Joanna Marsh

Dorian expected to cause delays for CSX, Norfolk Southern

The two railroads said customers should expect delays and possible rerouting.

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05 September
Joanna Marsh

U.S. railroads could face billions in losses as coal demand slumps

The decline in U.S. coal production could cost the railroads billions in lost revenue.

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Joanna Marsh

Economic sluggishness pulls U.S. rail volumes lower

Weakness in the manufacturing sector is dragging U.S. rail volumes lower, AAR says.

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Joanna Marsh

Canadian grain producers eye port congestion, winter conditions

Grain shippers wonder if the Canadian railways will keep up with demand in the 2019-20 crop year.

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04 September
Joanna Marsh

Railroads see headwinds cutting volumes for rest of 2019

Slumping coal demand, trade wars and a competitive truck market are weighing on rail volumes for the remainder of the year.

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03 September
Joanna Marsh

CSX and Norfolk Southern ready themselves for Dorian

The railroads say customers should expect delays and rerouting because of the hurricane

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Aug - 2019 -
30 August
Joanna Marsh

Canadian National to buy 220-mile line from CSX

The line serves communities in western New York and eastern Canada near the St. Lawrence River.

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29 August
Joanna Marsh

Greenbrier, CSX and Norfolk Southern announce executive appointments

The new appointments could indicate how the companies are preparing to respond to future market trends.

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28 August
Joanna Marsh

U.S. rail volumes continue their drop

Year-to-date U.S. rail volumes are still slumping this year, due in part to a competitive truck market for intermodal shipments.

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27 August
Joanna Marsh

OmniTRAX acquires shortline railroad assets in northern Ohio

The acquisition seeks to build upon the company’s rail assets in Ohio and expand its presence into the Port of Cleveland.

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26 August
Joanna Marsh

BNSF sues Oklahoma localities over blocked rail crossing rule

The railroad contends the Interstate Commerce Commission Termination Act and the Federal Railroad Safety Act preempt Oklahoma’s law.

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21 August
Joanna Marsh

North American rail volumes slip over 2 percent

The continued slump in U.S. rail volumes is putting pressure on overall North American rail volumes.

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Joanna Marsh

Greenbrier outlines railcar design improvements

The railcar manufacturer and lessor has been tinkering with its designs for railcars to expand their volume capacity while also making them lighter.

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20 August
Joanna Marsh

Employee levels at U.S. Class I rail operations drop

Headcount continues to fall at U.S. rail operations as the railroads implement precision scheduled railroading.

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Joanna Marsh

Court rejects rail shippers class formation request; senators press for rail reform

A federal appeals court denies a request by rail shippers to form a class lawsuit, and U.S. Senators press the Surface Transportation Board to take action.

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16 August
Joanna Marsh

Federal government offers $244 million in grant money for rail projects

The Federal Railroad Administration is asking freight and passenger railroads to apply for grants aimed at upgrading infrastructure or enhancing safety.

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15 August
Joanna Marsh

International competition and trade uncertainty weigh on U.S. rail volumes for grain

Competition from other grain-producing countries weigh on U.S. grain exports – and on U.S. rail volumes for grain.

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Joanna Marsh

North American rail volumes continue downward trend

Year-to-date North American rail volumes fell 2.3 percent last week. But what about for the rest of the year?

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14 August
Joanna Marsh

States seek to overturn federal directive on freight train crew size

The states of Illinois, Nevada and Washington are seeking to push ahead with state laws requiring a train crew size of at least two individuals, despite a federal declaration saying that such laws have been voided.

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13 August
Joanna Marsh

Canada invests over $100 million in rail-related infrastructure projects

The announcements confirming Canada’s planned investments in rail infrastructure come as the country prepares for a federal election in October.

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12 August
Joanna Marsh

Service reliability issues and trade uncertainty could help push U.S. rail volumes lower

U.S. rail carloads no longer appear to be following the lead of broader economic indicators. Why? Look to concerns about rail service reliability and trade uncertainty as answers.

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09 August
Joanna Marsh

CSX and Canadian National to form new intermodal service

CSX and Canadian National’s partnership to create new intermodal service between Montreal and Toronto and the greater New York City area is a strategy to expand each other’s geographical reach and compete with the long-haul trucking market.

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Joanna Marsh

Greenbrier to expand Arkansas tank car facility

Railcar manufacturer Greenbrier will invest $16 million in an American Railcar Industries facility that produces tank cars.

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08 August
Joanna Marsh

U.S. rail volumes slump in July

U.S. railroad operations loaded 5.5 percent fewer carloads and intermodal units in July, and trade uncertainty could threaten to maintain that downward trend in rail volumes for the remainder of 2019.

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07 August
Joanna Marsh

Genesee and Wyoming’s second-quarter operating income falls on declining revenues

Genesee and Wyoming sees second-quarter operating income decline amid lower freight revenues from its Australian and European operations and flat year-over-year revenue from its North American operations.

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Joanna Marsh

Oregon senator wants railroads to alert local responders about crude-by-rail shipments

U.S. Senator Ron Wyden’s (D-Oregon) new bill would require the railroads to supply information on crude volumes to emergency responders, and it would mandate that the railroads share crude-by-rail data annually.

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Joanna Marsh

Freight All Kinds – the Logistics of Shipping Racecars

In auto racing, the racecar is the star and teams spend a lot of effort getting to the race on time. But they also need to bring all the supporting players: the tires, the gearboxes…and the bodywork. And the chassis. And the spare engines. And the awning. And the tools. And they all need to fit in one trailer.

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05 August
Joanna Marsh

BNSF sees slight uptick in second-quarter revenue

Second quarter revenue for BNSF rose 0.3 percent despite lower volumes for agricultural products, consumer products and industrial products.

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03 August
Joanna Marsh

How can railroads and shippers use technology to bolster service and capacity?

“If a shipper can share some of its production forecast information to railroads, railroads can plan better to meet that capacity. Conversely, if railroads can open up and show where their empty railcars are to the shipper so that the shipper has a bit more confidence that the right number of railcars are going to show up, then the shipper can more confidently choose rail.”

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02 August
Joanna Marsh

Canadian Pacific smashes grain volume records in 2018-2019

A renewed focus on building western gran network capacity helped Canadian Pacific reach all-time records for grain hauls in the 2018-2019 crop year.

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01 August
Joanna Marsh

Senate witnesses: Positive train control still faces hurdles

“I think we’re at a critical juncture. Six months from now I think we’ll be able to take a closer pulse to where things are.”

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Joanna Marsh

Blackjewel bankruptcy could set off ripple effects for freight rail

Blackjewel’s bankruptcy reminds the broader industrial sector of the vulnerability of U.S. coal production overall, particularly so for western U.S. coal production.

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Joanna Marsh

North American rail volumes still sluggish

North American rail volumes are still lower year-over-year, but U.S. carloads recovered somewhat last week.

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Jul - 2019 -
30 July
Joanna Marsh

Wabtec lowers its sales expectations for 2019

Train products manufacturer and supplier Wabtec lowered its sales guidance for 2019 but kept its projections for how much profit it expects to make from its operations.

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29 July
Joanna Marsh

Canadian National hauled record grain volumes in 2018-2019

The record occurred despite extreme weather conditions that stymied rail shipments in February and March, as well as restrictions on Canadian canola exports to China, the railway said.

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Joanna Marsh

Greenbrier completes acquisition of American Railcar Industries

Greenbrier said the acquisition will enable the company to provide customers not only with direct sales or leasing options but also with after-market services. Customers seeking tank cars and covered hoppers will also benefit from Greenbrier’s expanded geographic footprint as a result of the acquisition.

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25 July
Joanna Marsh

Trinity Industries eyes improving rail volumes

Despite uncertain economic conditions, Trinity Industries (NYSE: TRN) expects rail volumes to improve in the second half of the year, based on “healthy” inquiry levels for its railcars, company leaders said during TRN’s second quarter earnings call on July 25.

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Joanna Marsh

U.S. rail volumes continue dip

U.S. rail volumes fell yet again for the week ending July 20, according to data from the Association of American Railroads.

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24 July
Joanna Marsh

Trinity Industries posts second quarter revenue gains

Total company revenue for Trinity Industries (NYSE: TRN) grew 16 percent to $736 million in the second quarter amid revenue gains for its rail product group.

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Joanna Marsh

Norfolk Southern says operational changes key to boosting 2019 profits

Norfolk Southern (NYSE: NSC) expects continued operational changes will help boost profits and lower operating ratios in the second half of the year.

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Joanna Marsh

Canadian National “cautiously optimistic” about the remainder of 2019

There is some uncertainty for commodities such as grain, lumber, coal and crude, but Canadian National (NYSE: CNI) leaders are “cautiously optimistic” about volumes and how the company might perform in the second half of the year.

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Joanna Marsh

Norfolk Southern’s net profit rises despite declining volumes

Norfolk Southern’s (NYSE: NSC) second quarter net profit rose slightly as the company prepared to launch the next phase in its new precision scheduled railroading (PSR) operating model. Net profit […]

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23 July
Joanna Marsh

Surface Transportation Board seeks comments on Genesee & Wyoming deal

The U.S. Surface Transportation Board (STB) is seeking public comments on Brookfield Asset Management’s proposed acquisition of shortline operator Genesee & Wyoming. Broofield announced plans to acquire GWR earlier this month in a deal valued at $8.4 billion.

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Joanna Marsh

Canadian National sees higher profit in the second quarter

Canadian National (NYSE: CNI) reported increases in net profit and revenue in the second quarter of 2019, with its acquisition of trucking and transportation provider TransX providing both higher revenue and costs.

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Joanna Marsh

U.S. rail headcount falls in June

U.S. railroads had fewer employees on their payroll in June amid lower rail volumes overall and company decisions to trim workforce levels as part of changes to their operating models.

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