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March 4, 2013
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Daily news coverage of the railroad industry

  Industry Update 
  • AAR says mandatory switching would produce inefficiencies
    A call for mandatory switching threatens to "trigger serious service failures on today's nationwide rail system and wipe out the efficiencies U.S. businesses have come to expect and rely on," said Edward Hamberger, CEO and president of the Association of American Railroads. The statement comes in response to a proposal by the National Industrial Transportation League. (3/4) LinkedInFacebookTwitterEmail this Story
  • Shale boom offers new opportunities for railroads, says AAR: The rapid growth of crude-by-rail shipments is expected to provide railroads with a new option for business growth, said the Association of American Railroads. Crude-by-rail also offers various benefits. "Beyond simply providing transportation capacity, railroads offer energy market participants the ability to shift deliveries quickly to different markets, enabling producers to sell their product to the market offering the best price," AAR said. Shale Reporter/Beaver County Times (Pa.) (3/1) LinkedInFacebookTwitterEmail this Story
  • CSX names Alabama's first "Select Site"
    CSX is scheduled to join Alabama Gov. Robert Bentley today for the formal designation of the state's first "Select Site" in Macon County. The certification for the estimated 296-acre property is expected to spur added industrial activity and job growth, said Joe Turnham, Macon County Economic Development Authority's strategic consultant. "We're looking at the potential to land a high-dollar, high-market client in industry," Turnham said. WVTM-TV (Birmingham, Ala.) (3/3), Opelika-Auburn News (Ala.) (3/3) LinkedInFacebookTwitterEmail this Story
  Infrastructure & Economic Spotlight  
  • CN plans more crude-by-rail activity via La. terminal
    Canadian National seeks to boost its crude oil operations with the help of LBC Tank Terminals' expansion project for the Sunshine terminal in Geismar, La. "Louisiana terminals on the east shore of the Mississippi River are a good fit for heavy crudes," said Jean-Jacques Ruest, CN executive vice president and chief marketing officer. "Crude oil by rail is one of CN's fastest growing businesses. We moved more than 30,000 carloads of crude last year, and we believe we have the scope to double this business in 2013." (3/1) LinkedInFacebookTwitterEmail this Story
  • Other News
  Energy & Environmental Watch 
  • Crude-by-rail is not a short-term trend
    BNSF, Canadian National, Canadian Pacific, CSX and Union Pacific's crude oil shipments are expected to continue indefinitely as they "have been shipping more than 400,000 barrels per day or more than 4% of total North American production," writes Yadullah Hussain. He cited CN and CP's crude-by-rail networks, which play a major role in attracting more business from energy companies. Financial Post (Canada) (3/2) LinkedInFacebookTwitterEmail this Story
  Hot Topics 

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The man who insists upon seeing with perfect clearness before he decides, never decides. Accept life, and you must accept regret."
--Henri Frédéric Amiel,
Swiss philosopher, poet and critic

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