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  • Berkshire Hathaway acquiring Charter Brokerage Friday, 12 Dec 2014 | 5:29 PM ET

    Warren Buffett's firm Berkshire Hathaway says it is acquiring logistics company Charter Brokerage from private equity firm Arsenal Capital Partners. Berkshire Hathaway Inc. owns companies in industries including utilities and energy, freight rail transportation and insurance. Class B shares of Omaha, Nebraska- based Berkshire fell 2.4 percent to close...

  • WASHINGTON, Dec 8- The U.S. Supreme Court appeared divided on Monday as it considered whether Amtrak, the government-owned passenger rail company, wields too much clout in setting regulations that private freight carriers also must follow. The nine justices heard arguments in a challenge by the Association of American Railroads to a federal law that gives...

  • Amtrak struggles to stay on time in Montana Monday, 8 Dec 2014 | 1:11 PM ET

    KALISPELL, Mont.— Eight months after Amtrak adjusted its schedule through northwest Montana to curb delays, the long-distance passenger train is still struggling to stay on time during trips between Chicago, Seattle and Portland. Freight and passenger congestion in Chicago are other contributing factors. On April 15, trains began leaving Seattle and...

  • WASHINGTON, Dec 8- The U.S. Supreme Court on Monday appeared divided as it weighed whether Amtrak, the government-owned passenger rail company, has too much sway over setting regulations that private freight carriers must follow. The nine justices heard oral arguments in a challenge by the Association of American Railroads to a federal law that gives Amtrak, a...

  • Justices seem divided over Amtrak regulatory role Monday, 8 Dec 2014 | 12:27 PM ET

    WASHINGTON— Supreme Court justices exchanged conflicting viewpoints Monday on whether Amtrak had the legal authority to help craft federal regulations over the use of railroad tracks. The American Association of Railroads, which represents the freight railroad industry, says it's unconstitutional for Congress to give a private company the power to...

  • Canada rail safety jobs vacant as budget cuts bite Monday, 8 Dec 2014 | 9:00 AM ET

    Rail safety is in focus with the boom in oil shipments and a spate of derailments across North America, and the vacancies create a safety risk, industry experts and Canada's public engineers' union say. The chair of the Transportation Safety Board, Kathy Fox, says there is risk of a spill as long as the government fails to address its oversight weaknesses and...

  • How to play planes, trains and crude  Monday, 1 Dec 2014 | 7:42 AM ET

    Discussing the industrial resurgence in America, and the top transport players to invest in, with Donald Broughton, Avondale Partners.

  • OTTAWA, Nov 26- The measures announced by Canada this year to boost the safety of shipping oil by rail are a good first step but more must be done, the new head of the country's Transportation Safety Board said on Wednesday. Kathy Fox, new chairwoman of the independent federal agency, said Canada and the United States must agree on tougher standards for tanker cars...

  • Amtrak will operate through Thanksgiving storm: CEO Tuesday, 25 Nov 2014 | 1:24 PM ET
    File photo: An Amtrak worker walks along the tracks after checking for debris beneath the train

    Amtrak plans to move holiday travelers through a snowstorm forecast to hit the East Coast, but the system needs investment badly, said its CEO, Joseph Boardman.

  • Making trains profitable again: Amtrak CEO  Tuesday, 25 Nov 2014 | 8:16 AM ET

    The U.S. is not making the investment in infrastructure, says Joseph Boardman, Amtrak president & CEO, discussing how to make trains profitable.

  • Amtrak CEO: Ridership demand increasing  Tuesday, 25 Nov 2014 | 8:10 AM ET

    Joseph Boardman, Amtrak president & CEO, discusses the increase in train ridership amid a deteriorating infrastructure in the U.S.

  • NEW YORK/ CALGARY, Nov 12- BNSF Railroad, the Warren Buffett-owned firm that has benefited most from the North Dakota shale boom, has told some customers that they can't add new oil tank-cars to its system until next year, according to two people familiar with the matter. Preventing shippers from putting more rail cars onto the network may help prevent overloading...

  • Crude collapse: Planes, trains & autos  Tuesday, 4 Nov 2014 | 2:23 PM ET

    CNBC's Phil LeBeau and Morgan Brennan take a look at how shifting prices in crude oil are impacting planes, trains and automobiles.

  • No way to run a railroad! Amtrak's woes deepen Tuesday, 4 Nov 2014 | 11:38 AM ET
    Amtrak train pulls into the train station at Emeryville, California.

    As more goods travel by rail, Amtrak and other railway systems are seeing mounting collateral damage: gridlock.

  • Transports chug to new highs  Wednesday, 29 Oct 2014 | 6:54 AM ET

    Jason Seidl, Cowen & Company, provides perspective on what's driving transports higher as oil prices slide lower.

  • Norfolk Southern CEO: Have growth potential without M&A  Wednesday, 22 Oct 2014 | 4:35 PM ET

    Charles "Wick" Moorman, Norfolk Southern CEO, explains why he doesn't think the industry needs more mergers to have a bright and compelling future.

  • UPDATE 1-CN Rail earnings up on higher volumes Tuesday, 21 Oct 2014 | 4:40 PM ET

    TORONTO, Oct 21- Canadian National Railway Co reported higher third-quarter earnings on Tuesday as revenue jumped on higher freight volumes. Net income rose to C $853 million, or C $1.04 a share, from C $705 million, or C $0.84 a share, a year earlier. Analysts had been expecting earnings of C $1.05 a share on revenue of C $3.14 billion, according to Thomson Reuters...

  • TORONTO, Oct 21- Canadian Pacific Railway Ltd is still open to a merger with one of the two bigger eastern U.S. carriers even after talks with CSX Corp failed, though a hostile bid is unlikely, Chief Executive Hunter Harrison said on Thursday. Norfolk Southern Corp is the other of the two bigger U.S. railways based east of Chicago. Without mentioning Norfolk Southern...

  • Oct 20- Canadian Pacific Railway Ltd said on Monday that it had ended talks to buy CSX Corp and that the two companies planned no further discussions, sending shares of the No. 3 U.S. railroad operator down more than 3 percent. Neither side had confirmed the talks, initially reported by the Wall Street Journal a week ago. However, analysts had said service problems...

  • Oct 17- Railroad operator Kansas City Southern's reported a higher-than-expected quarterly revenue as it shipped more grains and automobiles. Kansas City Southern operates on a unique, north-south route in central United States and derives half of its annual revenue from cross-border business with Mexico. Exports from the United States to Mexico rose...