Cory Martin
Illinois State Legislative Board Chairman
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CN, UP, GMXT form new intermodal service
CN, UP, GMXT form new intermodal service CN, Union Pacific Railroad and Grupo Mexico Transportes yesterday announced the creation of Falcon Premium, a Mexico-U.S.-Canada intermodal service with a rail connection in Chicago, Illinois. The new service will directly...
Class I employment increase continued in March Class Is operating in the United States employed 120,668 people in March, a 0.38% increase over February’s employment level and a 4.88% increase year over year, according to Surface Transportation Board data. Five of six...
Norfolk Southern Wins Va. Antitrust Suit, CSX’s Appeal Denied.
Norfolk Southern Wins Va. Antitrust Suit, CSX's Appeal Denied. A Virginia federal court has found all of CSX's remaining state law claims were barred under the statute of limitations and as a result ended CSX's bid to immediately appeal earlier dismissals of antitrust...
Rail unions tell railroads to buy back less stock and invest more money in safety after string of derailments
Rail unions tell railroads to buy back less stock and invest more money in safety after string of derailments Rail unions want railroads to take some of the billions they’re using every year to buy back their stock and spend it to improve safety in the wake of several...
Repairs to the bridge carrying Cicero Avenue (Illinois 50) over the Belt Railroad Company of Chicago in Chicago and Bedford Park will resume, weather permitting, Monday, April 24
The Illinois Department of Transportation announced that repairs to the bridge carrying Cicero Avenue (Illinois 50) over the Belt Railroad Company of Chicago in Chicago and Bedford Park will resume, weather permitting, Monday, April 24. The $3.3 million project, which...
599,110
599,110 Combined loaded container imports, in 20-foot equivalent units, into the ports of Los Angeles and Long Beach in March, down 35.1% year-over-year but 18.8% more than February.
CSX Profit Widens While Lower Volumes, Weather Squeeze Union Pacific
Results come amid heightened scrutiny over railroad safety following February derailment in Ohio
Union Pacific considering hiring slowdown as economic outlook darkens
Union Pacific considering hiring slowdown as economic outlook darkens Union Pacific Corp's (UNP.N) chief executive officer said on Thursday the railroad operator was considering slowing down the pace of hiring in the second half of the year amid a cloudy economic...
Union Pacific’s 1Q profit flat as inflation drives costs up
Union Pacific’s 1Q profit flat as inflation drives costs up OMAHA, Neb. (AP) — Union Pacific railroad delivered flat profit in the first quarter as weather slowed trains across the western United States and inflation drove costs up, but executives are optimistic about...
Derailments, paid sick leave loom over railroad earnings reports
Railroad earnings season kicks off this week with Union Pacific and CSX reporting their results on Thursday, ahead of Norfolk Southern and Canadian Pacific Kansas City next week. The results come at a time when derailments are firmly in the spotlight. On Feb. 3, a...