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November 6, 2012
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Daily news coverage of the railroad industry

  Industry Update 
  • Railroads build more terminals in response to growing oil demand
    Construction of Canadian National and Canadian Pacific's rail terminals for crude oil are in full swing to accommodate an increasing demand for petroleum shipments amid a weak pipeline capacity. "Crude by rail is becoming a reality," said Walter Spracklin, an RBC Capital Markets transportation analyst. "Before, it was a theory." Bloomberg (11/6) LinkedInFacebookTwitterEmail this Story
  • CN expects oil shipping business to grow: Canadian National and Arc Terminals plan to build a tank-car unloading terminal in Mobile, Ala., that should be operational by next June. The terminal will handle Canadian oil shipments for refineries on the Gulf Coast. "We expect to move in excess of 30,000 carloads [of crude oil] in 2012, and we believe we have the scope to double this business next year," said Jean-Jacques Ruest, CN's chief marketing officer. Reuters (11/5), The Globe and Mail (Toronto)/Globe Investor (tiered subscription model) (11/5), The Journal of Commerce (11/5) LinkedInFacebookTwitterEmail this Story
Making the Case for Infrastructure Investment
When complete, the Tower 55 Surface Improvements Project will increase rail capacity by an estimated 30 percent, relieve freight congestion and improve livability in the Fort Worth area. Learn how HDR is helping BNSF and UP deliver estimated public benefits of $27.50 per $1 of federal investment, including securing a $34 million TIGER grant.
  Infrastructure & Economic Spotlight  
  • IANA reports U.S. intermodal growth during Q3
    U.S. intermodal activity climbed 3.2% in the third quarter compared to same period in 2011, according to the Intermodal Association of North America. Each region "reflected an increase in domestic containers which were responsible for the majority of total third-quarter intermodal gains," IANA said. "Volumes were most impressive in the Midwest and the Northeast regions, with each recording nearly a 15% uptick." (11/5), The Journal of Commerce (11/5) LinkedInFacebookTwitterEmail this Story
  • NAFTA trade value reaches $82.5B in August
    Surface trade value among the U.S., Canada and Mexico reached $82.5 billion in August, up 2.6% versus the same month last year, according to the Transportation Department. The latest growth report also recorded a 9% increase from July figures, DOT noted. Transport Topics (11/5) LinkedInFacebookTwitterEmail this Story
  • Construction begins on $336.5M rail project in Calif.
    Construction has started on a $336.5 million rail-trench project in San Gabriel, Calif., according to the Alameda Corridor-East Construction Authority. "In addition to reducing congestion and improving air quality, this vital project is an important link in our regional strategy of moving cargo containers by train rather than in diesel trucks on our freeways," said Michael Antonovich, Los Angeles County supervisor, ACE board member and Los Angeles County Metropolitan Transportation Authority chairman. RT&S online (11/5), (11/5) LinkedInFacebookTwitterEmail this Story
  • Other News
  Energy & Environmental Watch 
  Safety & Security 
  • Class I's continue to co-host ethanol safety seminars
    BNSF, Canadian National and Norfolk Southern continue to partner with the Renewable Fuels Association in hosting free Ethanol Safety Seminars. The seminars aim to educate first responders, hazmat groups and safety teams about the proper response to ethanol-related incidents. A session is scheduled in Fort Worth, Texas, on Nov. 29. (11/6) LinkedInFacebookTwitterEmail this Story
It's impossible to move, to live, to operate at any level without leaving traces, bits, seemingly meaningless fragments of personal information."
--William Gibson,
American-Canadian author

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