Year-to-date rail volumes for every commodity except petroleum and petroleum products slumped last week in the United States, according to the Association of American Railroads.
The Surface Transportation Board wants to hear from shippers and the Class I railroads on whether the railroads should supply more rail performance data to the board.
Lobbying group considering more legislation and White House action to stop threat to U.S. rail system.
Trump now threatening tariffs against Mexico while trade groups claim cross-border supply chains still at risk.
U.S. rail volumes fell again last week as rail service issues continue to plague the post-flooding Midwestern landscape.
BNSF (NYSE: BRK) and Union Pacific (NYSE: UNP) are grappling with the aftermath of the recent historic floods, with both companies scrambling to assess and repair damage as quickly as possible.
The request by the Association of American Railroads (AAR) asking the Surface Transportation Board (STB) to include a cost-benefit analysis into its rulemaking process is being viewed by some as a positive step towards aligning STB procedure with other U.S. Department of Transportation (DOT) agencies.
Positive Train Control isn’t just about safety anymore as the railroads revisit how the technology can generate capacity and save money.
Railroads – like trucking – will be focusing on solving the Highway Trust Fund problem this year. But could a Green New Deal become a competitive selling point?
As far as investors are concerned, the trade war is effectively back on.
