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Industry News
 

Domestic News

 

Railroad Traffic Analysis, A Different Approach

It’s third-quarter 2019 railroad financial results reporting time, and sometimes, insight about rail freight markets comes from strange places. One of those might just be the quarterly report by J.B. Hunt (JBHT). The Hunt logistics company is one of the largest U.S. intermodal rail organizers. It essentially buys contracted intermodal train service from railroad companies like BNSF and Norfolk Southern.
 

Precision Railroading Lowers Costs, but does it Help Shippers?

The late Hunter Harrison brought so-called precision railroading the North America, as CEO of both Canadian National Railway and Canadian Pacific Railway and then later CSX.
 

Kansas City Southern Optimistic About its Future

Although Kansas City Southern declined to provide any guidance on 2020, opportunities to grow cross-border volumes, coupled with additional savings and operational efficiencies as a result of precision scheduled railroading (PSR), will enable the railroad to increase its profitability next year, KCS executives said during the company’s third-quarter earnings call on October 18.
 

USDOT Proposes Rule for Safe LNG Transportation

The U.S. Department of Transportation’s (USDOT) Pipeline and Hazardous Materials Safety Administration (PHMSA), in coordination with the Federal Railroad Administration (FRA), announced that it is publishing a notice of proposed rulemaking (NPRM) regarding the transportation of liquefied natural gas (LNG). 
 

Why the IMO 2020 Marine Gas Sulfur Restrict Will Damage Customers

A brand new rule that units a a lot decrease world restrict on sulfur content material in marine gas is on the horizon, resulting in greater delivery prices which will in the end drive customers to pay extra for items and to warmth their houses.
 

International News

 

Putin, Saudi Crown Prince Chair First Meeting of Saudi-Russian Economic Committee

Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin chaired the first meeting of the Saudi-Russian Economic Committee in Riyadh on Monday.
 

Upcoming Industry Events with GBX Attendance

Upcoming Events Eurasia 2019

CARS NTL. Railway Day

MARS Winter Meeting

Middle East Rail

Edmonton, Canada
Nov. 5-7th
Lombard, IL
Jan. 15-16th
Dubai, UAE
Feb. 25-26th

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