Industry News

Domestic News


Kansas City Southern Anticipates Lower 2Q Revenue

Kansas City Southern is bracing for lower revenues in the second quarter amid sharply lower rail volumes due to the coronavirus pandemic. The railroad estimates that second-quarter revenue could be $550 million, according to a Tuesday filing to the U.S. Securities and Exchange Commission (SEC). The second quarter ends June 30. In comparison, second-quarter revenue in 2019 totaled $714 million, while first-quarter 2020 revenue was $731.7 million.

BNSF Adds Intermodal Option Between Seattle, Northwest Ohio

BNSF Railway Co. earlier this month introduced a new direct intermodal service option between the Pacific Northwest and northwest Ohio. The new container-only service initially is being offered five days a week for eastbound and westbound freight originating and terminating at BNSF's South Seattle Intermodal Facility.

USMCA Provides a Moment of Clarity

Officials at Kansas City Southern and other freight railroads now see at least a bit of clarity on the horizon in the form of the United States-Mexico-Canada Agreement (USMCA), which will enter into force July 1. The USMCA, which replaces the 25-year-old North American Free Trade Agreement, "will deliver more jobs, provide stronger labor protections and expand market access, creating new opportunities for American workers, farmers and ranchers," KCS President and Chief Executive Officer Pat Ottensmeyer told Managing Editor Jeff Stagl.

Oil Crosses $40 Milestone, but Not out of the Woods Yet

Oil closed above $40 a barrel Monday for the first time in more than three months, providing another sign of optimism as Houston’s energy-dependent economy tries to claw its way back from the coronavirus-driven oil crash.

USMCA Brings Administrative Improvements, Housing and Construction Plunge, Texas Rail Terminal Starts Operations

The United States-Mexico-Canada Agreement (USMCA) set to go into effect on July 1, 2020 will bring improvement to chemical industry trade at the administrative level but not major changes, the CEO of the Chemistry Industry Association of Canada Bob Masterson said.

Enviva Acquires 2 Pellet Plants

Enviva Partners LP announced on June 18 it has agreed to purchase a wood pellet plant located in Waycross, Georgia, associated export terminal capacity in Savannah, Georgia, and a wood pellet plant located in Greenwood, South Carolina.

Freight Rail Is Built to Help America Recover From COVID-19

Americans looking to stock up on food during COVID-19 quarantines quickly turned to non-perishable fruits and vegetables. Del Monte Foods, a lead provider in shelf-stable and ready-to-eat foods, turned to a freight railroad company to make sure grocery store shelves remained stocked with its products.

Pentagon Names 20 Chinese Firms It Says Are Military-Controlled

The Pentagon unveiled a list of companies it says are owned or controlled by China’s military, opening them to increased scrutiny in the latest spat between the world’s biggest economies.

Ethanol Industry Wants Big Oil to Follow Rules

Things never come easy for the ethanol industry. Even in a time when there’s more awareness than ever about the need for clean and renewable energy, being friendly to the environment and supporting domestic economies, our nation’s policies aren’t very friendly to ethanol.

International News


Freight Rail Is Built to Help America Recover From COVID-19

The Dedicated Freight Corridor Corporation of India (DFCCIL) has announced that it will terminate a Rs 4.7bn ($US 62.2m) signalling contract with the Beijing National Railway Research and Design Institute of Signal and Communication (RRDISC).
Virtual Sample Railcar


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