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Class I

(Courtesy of BNSF)
Commentary

BNSF Intermodal: We’re Going Where Markets Are Growing

Current population data shows the fastest-growing areas in the U.S. are concentrated in the South and West. As cities in these regions grow, so does the need for more goods,…

Parallel Systems First Commercial Pilot: Phase 2 Under Way (UPDATED 9/23)

Following Federal Railroad Administration (FRA) approval in April and launch of Phase 1 in June, Parallel Systems, in partnership with Genesee & Wyoming (G&W), has transitioned to Phase 2 of…
(Photograph Courtesy of UP)

SMART-TD Supports Proposed UP-NS Merger

Union Pacific and the International Association of Sheet Metal, Air, Rail and Transportation Workers–Transportation Division on Sept. 22 announced an agreement they said “guarantees that SMART-TD members working in train…

Class I Briefs: UP, CSX, NS

Union Pacific’s (UP) Big Boy 4014 will make two whistle-stops in Colorado this fall. Also, CSX President and CEO Joe Hinrichs is recognized with the Champion of Change Award from…
“Here in Mexico City, President @ClaudiaShein [pictured right] and I met with business leaders from across Canada and Mexico,” Prime Minister Mark Carney of Canada wrote in a Sept. 18 social media post. “We’re elevating our partnership and delivering the certainty that businesses need to invest—and building opportunities for workers in both our nations.” (Photograph Courtesy of Prime Minister Mark Carney of Canada)

Canada, Mexico Launch Action Plan on Trade, Energy, Security

Canada’s Prime Minister Mark Carney and Mexico’s President Claudia Sheinbaum on Sept. 18 launched a new Comprehensive Strategic Partnership, which the Canadian government said would “deepen ties between our countries.”…

STB Sets 4Q25 Rail Cost Adjustment Factor

The Surface Transportation Board (STB) has adopted for fourth-quarter 2025 the rail cost adjustment factor (RCAF), which is defined as “an index formulated to represent changes in railroad costs incurred…
Santa Fe Hospital in Temple, Texas, from Santa Fe magazine in January 1943. (Courtesy of BNSF)
Commentary

How BNSF Predecessor Railroads Helped Shape Modern Healthcare

Baylor Scott & White is one of the most notable hospital networks in the country, and its name originated from two legendary railroaders. That’s because BNSF predecessor railroads served as…
Commentary

NEARS: Consolidation, Weak Economic Backdrop Highlighted

While consolidation sentiment varied at the NEARS conference, there was a belief that the deal would get done. Comments on the economic backdrop were not positive, varying from sub-seasonal to…

Savage Tooele Railroad Debuts in Utah

Class III Savage Tooele Railroad (STR), an 11-mile line connecting with Union Pacific’s Shafter Subdivision in Utah, is now ready for service. Described as “Utah’s first new short line railroad…

AAR Week 37: Rail Traffic Dips Slightly Overall

For 2025’s 37th week, North American freight rail traffic declined marginally, with carloads falling 0.5% and intermodal down 1.3%, compared to 2024, the Association of American Railroads (AAR) reported Sept.…
Commentary

Watershed Moment: Unpacking the Transcon Rail Opportunity

We believe a unified Union Pacific and Norfolk Southern sees potential upside to disclosed revenue synergies as we quantify the watershed opportunity. Our analysis of more than 4,000 watershed O-D…

NCCC Reaches Tentative Agreements With SMART-TD, Yardmasters

The National Carriers Conference Committee (NCCC) on Sept. 16 announced that it has reached a national tentative agreement with the International Association of Sheet Metal, Air, Rail and Transportation Workers…
Commentary

Hinrichs at Morgan Stanley Conference: ‘Work Cooperatively’

The Morgan Stanley 13th annual Laguna Conference covered Industrials, Machinery, Aerospace & Defense, Airlines, Freight Transportation, Autos & Suppliers, and Materials companies. The conference featured CSX President and CEO Joe…

Class I Briefs: CN, CPKC

CN’s Transcona Shops Mechanical team in Winnipeg achieves two years injury-free. Also, CN partners with the New Orleans Saints to promote safety; and Canadian Pacific Kansas City (CPKC) joins Operation…

Piper Networks Launches NTSB-Compliant Collision Avoidance Kit

Piper Networks on Sept. 15 announced that it has introduced a version of its Limits Compliance and Collision Avoidance System (LCCAS) to help railroads “rapidly comply with the specific functional…

NS, UP Leveraging Louisville

As Union Pacific CEO Jim Vena makes the rounds in Washington, including a visit to the Oval Office, to lobby for support of UP’s acquisition of Norfolk Southern, the intended…

STB Grants AAR Ex Parte Petition

The Surface Transportation Board (STB) on Sept. 8 granted an Association of American Railroads (AAR) petition to open a proceeding to consider revisions to the Board’s regulations governing ex parte…
Commentary

Mr. Vena Goes to Washington

This just in, from Union Pacific: “CEO Jim Vena was honored to meet [POTUS 47] in the Oval Office, a special place for America with a longstanding history. They discussed…
Commentary

Labor Day Turns Good to Great, Albeit Temporarily

We don’t know much about art, but apparently famous painters go through different periods. Picasso had three: Blue Period from 1901-1904, Rose Period from 1904-1906, and Cubism from 1907-1917. Transposing…
Dominic LeBlanc, President of the King's Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy, announced on Sept. 11 that the Port of Montreal expansion project in Contrecœur is on the preliminary list of major national projects for MPO review, the Port reported via social media. (Photograph Courtesy of the Port)

Canada’s MPO Set to Review New Projects

The government of Canada on Sept. 11 reported that the Contrecoeur Container Terminal project in Montréal, Quebec, is part of the first series of projects being referred to the new Major…
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