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  • WASHINGTON, April 17- Oil train operators must have detailed information on hand about the possible risks of their cargo in case of an accident and perform more thorough checks before moving on the tracks, U.S. officials said on Friday. Shippers must account for who handled crude oil involved in any mishap and what the operator knows about the possible...

  • WASHINGTON— An emergency order requiring trains hauling crude oil and other flammable liquids to slow down as they pass through urban areas and a series of other steps to improve the safety were announced Friday by the Department of Transportation. There have been a series of fiery oil train explosions in the U.S. and Canada in recent years, including one just...

  • CHICAGO, April 15- Low oil prices and the strong U.S. dollar made for a somewhat painful first quarter for major U.S. railroads CSX Corp and Norfolk Southern Corp, and may continue to weigh on their profits. Chief Executive Officer Michael Ward told Reuters the reduced outlook reflected the impact of the strong dollar, low oil prices and the weak coal market.

  • OMAHA, Neb.— CSX says the railroad won't deliver the double-digit profit growth it promised this year because coal demand remains weak. While that exceeded Wall Street expectations, freight volume was lower than the company projected. "We just haven't found the bottom yet," CEO Michael Ward said.

  • Executive Director Patricia Quinn says 41 people were onboard when the locomotive derailed shortly after the Boston- bound train left the Portland station. The Downeaster runs between Boston and Brunswick, Maine. Stops include picturesque Exeter, New Hampshire, and Freeport, Maine, where L.L. Bean is located.

  • CHICAGO, April 14- U.S. railroad CSX Corp on Tuesday reported a higher quarterly net profit on increased freight volumes and higher rates charged to customers, and announced a $2 billion share repurchase program. The Jacksonville, Florida- based company reported first-quarter net income of $442 million or 45 cents per share, an 11 percent increase over the $398...

  • CSX: Low fuel prices good for consumers   Tuesday, 14 Apr 2015 | 4:19 PM ET
    CSX: Low fuel prices good for consumers

    CSX reported Q1 EPS of $0.45 on revenue of $3.03 billion. Michael Ward, CSX Corporation Chairman and CEO, discusses the impact of energy costs to the first quarter.

  • CHICAGO, April 14- U.S. railroad CSX Corp on Tuesday reported a higher quarterly net profit, as a growing economy lifted freight volumes and allowed it to charge higher rates to customers. The Jacksonville, Florida- based company reported first-quarter net income of $442 million or 45 cents per share, an 11 percent increase over the $398 million, or 40 cents a share,...

  • Trading Nation: CSX dips ahead of earnings   Tuesday, 14 Apr 2015 | 2:35 PM ET
    Trading Nation: CSX dips ahead of earnings

    Discussing whether there is more downside ahead for rails, with Ari Wald, Oppenheimer, and David Seaburg, Cowen.

  • NEW YORK— Railroad operator Norfolk Southern is forecasting disappointing first-quarter results as demand for coal continued to fall. Norfolk Southern Corp. said coal shipments were down, with a significant decrease in coal exports the biggest factor. Norfolk Southern's revenue from coal shipping fell 6 percent in 2014..

  • Unusual activity in CSX   Wednesday, 1 Apr 2015 | 12:24 PM ET
    Unusual activity in CSX

    The bulls are targeting CSX, with FMHR trader Pete Najarian.

  • LONDON, April 1- More than 1 million barrels of crude oil move by train across the United States every day, according to data published for the first time by the government on Tuesday. The volume of crude shipped by rail has increased more than 50- fold in five years, from just 630,000 barrels in January 2010 to 33.7 million barrels in January 2015, the Energy...

  • Slowing freight volumes   Thursday, 26 Mar 2015 | 1:17 PM ET
    Slowing freight volumes

    CNBC's Morgan Brennan reports on data pointing to a slowdown in transportation.

  • Energy impact on KSU   Monday, 23 Mar 2015 | 2:51 PM ET
    Energy impact on KSU

    Kansas City Southern cut first quarter and full-year guidance. CNBC's Morgan Brennan explains what this means for the railroad and stocks.

  • TORONTO, March 23- Canadian National Railway's safety record deteriorated sharply in 2014, reversing years of improvements, as accidents in Canada blamed on poor track conditions hit their highest level in more than five years, a Reuters analysis has found. Canada's Transportation Safety Board said on Tuesday that track failure may have played a role in CN's...

  • WASHINGTON, March 13- Rail operators are going to great lengths to prevent oil train derailments but the energy sector must do more to prevent accidents from becoming fiery disasters, the leading U.S. rail regulator said on Friday. Several of those shipments originated from North Dakota's Bakken energy fields. Sarah Feinberg, acting head of the Federal...

  • WASHINGTON, March 13- Rail operators are going to great lengths to prevent oil train derailments but the energy sector must do more to prevent accidents from becoming fiery disasters, the leading U.S. rail regulator said on Friday. Those shipments all originated from North Dakota's Bakken energy fields. Sarah Feinberg, acting head of the Federal Railroad...

  • Railroad companies invest billions   Friday, 13 Mar 2015 | 2:42 PM ET
    Railroad companies invest billions

    Congestion on the rails with freight trains is causing massive delays. CNBC's Morgan Brennan reports on railroad companies that are looking to invest in new and bigger facilities.

  • Gridlock on the railroads   Friday, 13 Mar 2015 | 6:23 AM ET
    Gridlock on the railroads

    CNBC's Morgan Brennan reports unprecedented congestion on the nation's railroads has led some big rail companies to pour billions of dollars into enlarging its operations.

  • Intermodal shipping: Trucks vs. trains   Wednesday, 11 Mar 2015 | 7:18 AM ET
    Intermodal shipping: Trucks vs. trains

    CNBC's Morgan Brennan reports cheaper diesel fuel is making trucking over long distances less expensive than rails to transport products. But Erik Hansen of KS Southern, disagrees.