Beyond impacts to the supply chain, one national security expert contends a rail strike could pose a threat to national security.
Settlement legislation introduced in the Senate may not be enough to avoid a rail strike or lockout on Friday.
A train carrying more than 160 Volkswagen vehicles was derailed in Mexico last week by thieves, according to Mexican authorities.
Hundreds of miles of rails still out of service, other assets at risk from flooding by severe storms.
With first quarter 2019 earnings set to kickoff on Monday, April 15, FreightWaves is looking at expectations for the transportation stocks.
Genesee & Wyoming, Inc. (NYSE: GWR) beat fourth quarter revenue consensus estimates by $4.89 million. Revenue was expected to decrease by 0.2 percent year-over-year (Y/Y), but it increased 0.7 percent Y/Y from $571.6 million to $575.6 million, according to Seeking Alpha. GWR also beat fourth quarter consensus earnings per share (EPS) estimates of $0.89 by $0.11 to $1.00.
Rail operator Aurizon has completed the sale of its Queensland Intermodal Business to privately owned Australian logistics company Linfox. The Queensland Intermodal Business delivers general cargo for more than 300 customers across the state and includes a wide variety of freight including groceries, white goods and general goods.
Ignoring AV means losing first-mover status, influence with lawmakers, regulators
Trains are getting longer and the U.S. Government Accountability Office is looking into it.
FreightWaves adds improves mapping and watchlist features while adding rail data.
As part of a wide-ranging DOT initiative to prepare for driverless vehicles, FMCSA will address regulations that could be slowing the development of these technologies in the commercial vehicle space.
Tired truck drivers? That’s a big concern based on a new survey by the National Safety Council that found 97% of transportation employers are worried about employee fatigue.
A wet pattern continues in the middle to eastern sections of the country, making it difficult for carriers to manage surging spring volumes coming out of the south. This impacts all modes of transportation including the beleaguered rail lines.
