CSX’s total railcars CSX Corporation (CSX) is a major operator in the Eastern US. CSX, along with Norfolk Southern (NSC), holds a virtual duopoly in that region. In the week ended April 9, 2016, CSX’s railcars, excluding coal and coke, declined by ~5%. CSX hauled ~55,000 units in the same week against 58,000 units in…
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Total carloads for the week ending April 23 were 230,599 carloads, down 17.1% compared with the same week in 2015, while U.S. weekly intermodal volume was 261,347 containers and trailers, down 6.3% compared to 2015. Three of the 10 carload commodity groups posted an increase compared with the same week in 2015. They…
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PRESS RELEASE NUMBER: FRA 11-16CONTACT: FRA Public AffairsPHONE: (202) 493-6024SUBJECT: Positive Train ControlKEYWORDS: PTC, grant, technology, appropriationsABSTRACT: The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today announced that it is accepting applications for $25 million in competitive grant funding available to railroads, suppliers, and state and local governments for Positive Train Control…
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Federal law enforcement investigators are searching in at least three states for more than 500 pounds of explosives stolen from a CSX train, CBS News has learned. CBS News Justice Department and Homeland Security correspondent Jeff Pegues reported a law enforcement source says the amount stolen has authorities concerned that the explosives could fall…
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