#class-i-railroads
(4 articles)Wabtec Q3 Earnings Surge on Growing Rail Equipment Demand
Wabtec delivered strong third-quarter results with operating income climbing 27% to $625 million and revenue growing 8% to $3.12 billion, prompting the company to raise its full-year adjusted earnings
Intermodal Rail Volume Surges 12.6% as Diesel Prices Drive Modal Shift
U.S. intermodal rail volume surged 12.6% year-over-year in week 41, significantly outpacing the prior four-week average of 5.5%, according to the Association of American Railroads. This acceleration i
CN Backs UP-NS Merger Deal, Gains Shipper Access
Canadian National has agreed not to contest the proposed merger between Union Pacific and Norfolk Southern, a pivotal shift in North American rail consolidation. Under the deal framework, CN will gain
U.S. Rail Speeds Hit Multi-Year Lows as Intermodal Volume Surges
The major U.S. Class I railroads, BNSF, CSX, Norfolk Southern, and Union Pacific, are facing significant capacity constraints as shippers redirect freight to rail to escape high fuel prices and elevat