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November 30, 2012
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Daily news coverage of the railroad industry

  Industry Update 
  • Class I's holiday trains a part of Christmas gift-giving
    BNSF, Canadian Pacific, CSX and Kansas City Southern are among railroads conducting holiday trains with the goal of giving back this Christmas season, writes Julie Sneider. Their employees are deeply involved in the preparation and operation of these holiday trains, gathering food and other material donations to distribute across scores of North American communities, says Sneider. Progressive Railroading (11/2012) LinkedInFacebookTwitterEmail this Story
  • AAR: Rail carloads slip but intermodal grows in latest week
    The volume of rail carloads transported by U.S. railroads dropped 4.6% in the week ending Nov. 24 versus year-ago levels, but intermodal activity rose 1.9% in the same period, according to the Association of American Railroads. Petroleum shipments continued to be the highest gainer among the 12 of 20 shipment categories that recorded growth, up 63.6% year-on-year, AAR noted. Transport Topics Online (11/30), RailwayAge.com (11/29) LinkedInFacebookTwitterEmail this Story
  • Other News
  Infrastructure & Economic Spotlight  
  • Retail groups urge quick resolution of Calif. port strike
    The Retail Industry Leaders Association and the National Retail Federation are urging the International Longshore & Warehouse Union and the Ports of Los Angeles and Long Beach, Calif., to find a compromise to end a strike. "We urge the parties to quickly resolve the dispute and get back to work in order to avoid the substantial economic damage a prolonged work stoppage would surely cause," said RILA President Sandy Kennedy. ProgressiveRailroading.com (11/29), The Journal of Commerce (11/29) LinkedInFacebookTwitterEmail this Story
  • U.S. economy grew faster in Q3 than first thought
    The U.S. economy expanded 2.7% in the third quarter, not 2%, as initially estimated, according to the Commerce Department. Most of the growth came from government spending, mainly for military items, and companies stockpiling inventory, the department says. Consumer spending and business investment in equipment and software were less than originally thought. Los Angeles Times (tiered subscription model) (11/30) LinkedInFacebookTwitterEmail this Story
  • Other News
  Energy & Environmental Watch 
  • NS finishes $18M project at coal facility in Va.
    Norfolk Southern recently completed an $18 million project to improve operations at its Lamberts Point coal facility in Norfolk, Va. "This investment reflects our belief in the long-term prospects for the global coal market and Norfolk Southern's continuing pivotal role in that market," said Danny Smith, NS senior vice president of energy and property. RT&S online (11/29) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
The robbed that smiles, steals something from the thief."
--William Shakespeare,
British playwright


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