News from the intermodal freight transportation industry.

Cleveland-Cliffs backs activist in Norfolk Southern proxy battle

Bloomberg | April 29, 2024 | Intermodal | Rail
Norfolk Southern: Ancora makes unauthorized, value-destructive commitments on behalf of Norfolk Southern to buy votes

AJOT | April 29, 2024 | Intermodal | Rail

Clearly demonstrates Ancora's nominees are NOT independent and are beholden ONLY to Ancora, not all shareholders...
Railroad CEO isn’t ruthless enough for investors after toxic crash

Bloomberg | April 26, 2024 | Intermodal | Rail

Ancora Holdings is pushing for a new CEO to boost efficiency, but Alan Shaw advocates a balanced approach...
USDOT and FRA secure additional Class I participation in confidential close call reporting system

AJOT | April 25, 2024 | Intermodal | Rail

Approximately 650 BNSF employees represented by the American Train Dispatchers Association will now be able to confidentially report close calls and unsafe events

AirAsia plans new listing with $1.4 billion merger of units

Bloomberg | April 25, 2024 | Air Cargo | Airlines | Intermodal

Brightline founder eyes private rail expansion to Texas, Seattle

Bloomberg | April 24, 2024 | Intermodal | Rail
Union Pacific ships longest wind turbine blades in company history

AJOT | April 24, 2024 | Intermodal | Rail | Project / Heavy Lift | Intermodal Project

Union Pacific and Vestas, the leading global wind turbine manufacturer, collaborated to ship the company’s V163-4.5 MW wind turbine blades across the country by rail. The planning of this launch began more than two years ago in 2022, when Vestas introduced its new high-capacity wind turbine.
Chorus of diverse voices, railroads urge EPA denial of California Locomotive Authorization

AJOT | April 24, 2024 | Intermodal | Rail

Comments highlight how rule will hinder environmental progress and supply chain fluidity
North American transborder freight up 7.5% in February 2024 from February 2023

AJOT | April 24, 2024 | Intermodal | Rail | Trucking

Total transborder freight by border in February 2024, compared to February 2023:
AAR reports rail traffic for the week ending April 20, 2024

AJOT | April 24, 2024 | Intermodal | Rail

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 20, 2024.

Vegas-to-California $12 billion rail line kicks off construction

Bloomberg | April 23, 2024 | Intermodal | Rail
WLF urges EPA to deny California’s request for regulatory authorization under the Clean Air Act 

AJOT | April 22, 2024 | Green Shipping | Intermodal | Rail

“Besides being preempted by federal law, CARB’s rule would force the railroads to use unproven technology to power the locomotives and ultimately lead to supply chain disruptions.” —Cory Andrews, WLF General Counsel & Vice President of Litigation

Philippines wants US, Japan to take over rail deal eyed by China

Bloomberg | April 22, 2024 | Intermodal | Rail
Fortress-backed Brightline asks investors to bet on Florida rail

Bloomberg | April 19, 2024 | Intermodal | Rail

Brightline, the first new US private passenger railroad in more than a century, is betting it can lure more Floridians out of their cars — but first, it is refinancing roughly $4 billion in debt.
Russia builds new Asia trade routes to weaken sanctions over war

Bloomberg | April 19, 2024 | Intermodal | Rail | Maritime

Russia is pressing ahead with construction of two new transport corridors linking Asia and Europe, seeking to weaken sanctions over its war in Ukraine at the same time as Middle East turmoil is disrupting global trade.
Remi G. Lalonde as Chief Commercial Officer at CN

AJOT | April 19, 2024 | Intermodal | Rail

Since he arrived at CN in January, Remi has been embedded within CN’s operations, gaining first-hand experience with scheduled railroading and executing CN’s ‘Make the Plan, Run the Plan, Sell the Plan’ model. Following his introduction to operations, Remi has been meeting customers and working closely with Doug and the team to ensure a seamless transition to the commercial side of the organization...
CSX Corp. Announcement:  First Quarter 2024 Results

AJOT | April 17, 2024 | Intermodal | Rail

CSX Corp. (NASDAQ: CSX) today announced first quarter 2024 operating income of $1.35 billion compared to $1.46 billion in the prior year period. Net earnings were $893 million, or $0.46 per diluted share, compared to $987 million, or $0.48 per diluted share, in the same period last year...
AAR Reports rail traffic for the week ending April 13, 2024

AJOT | April 17, 2024 | Intermodal | Rail

For this week, total U.S. weekly rail traffic was 466,463 carloads and intermodal units, up 1.5 percent compared with the same week last year...
CSX unveils its first hydrogen-powered locomotive in collaboration with CPKC

AJOT | April 16, 2024 | Energy | Alternative | Intermodal | Rail

CSX has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation. This pioneering achievement is the result of a successful partnership between CSX and Canadian Pacific Kansas City (CPKC) and demonstrates the company’s commitment to innovation and environmental stewardship.

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