SEATTLE-- An official with the Army Corps of Engineers told a Congressional committee Tuesday that the agency doesn't plan a broad environmental study on exporting coal from the Western United States.» Read More
The new train does not have wheels but levitates and will link Central Tokyo with Nagoya Station, cutting the journey time by more than half, reports CNBC's Brian Sullivan.
A freight train collided with a trash truck near Baltimore today, reports CNBC's Seema Mody.
A CSX train made contact with a commercial trash truck and 15 cars were derailed near Baltimore, reports CNBC's Jackie DeAngelis.
The Baltimore Police Department has evacuated the 20 block area surrounding the train derailment, reports CNBC's Jackie DeAngelis.
A freight train outside of Baltimore, Maryland, has derailed, reports CNBC's Jackie DeAngelis, who shows amateur video of an explosion. (1:58)
A cargo train derailed near the White Marsh area near Baltimore, Maryland, reports CNBC's Jackie DeAngelis. CSX is a company that provides rail based transportation services, and the stock is now trading down.
A freight train has derailed near Baltimore, with the "Street Signs" crew. The fire is still burning near the site of the derailment.
A freight train has derailed near Baltimore and parts of it are on fire.
Union Pacific CEO Jack Koraleski discusses its Q1 earnings, the Keystone Pipeline and the decline in its coal business.
CALGARY, Alberta, May 21- Canadian Pacific Railway Ltd said that five tankers containing oil derailed on Tuesday morning near Jansen, Saskatchewan, and one of the cars spilled 575 barrels of crude, the largest of three spills for the company in two months.
CALGARY, Alberta, May 21- Canadian Pacific Railway Ltd said five tankers containing oil derailed on Tuesday morning near Jansen, Saskatchewan, and one of the cars is leaking crude, the third spill for the company in two months.
WESTPORT, Conn., May 20- Connecticut commuters endured sluggish train rides, or avoided the hassle on Monday, as Metro-North workers repaired the busiest U.S. rail line after a two-train collision on Friday injured more than 70 people. At the Westport train station on Monday, travelers stood in long lines returning from New York as they waited for shuttle buses.
MILFORD, Conn./ NEW YORK, May 20- Thousands of Connecticut commuters faced delays and crowded trains on Monday as Metro-North workers scrambled to repair damage on the United States' busiest rail line, caused by the collision of two trains.
BRIDGEPORT, Conn., May 19- Thousands of Connecticut commuters should brace for travel chaos on Monday as Metro-North workers repair damage on the United States' busiest rail line caused by the collision of two trains, officials warned on Sunday.
*Iraq hopes to trans-ship goods to Europe. BAGHDAD, May 8- In a shabby, rusty train that had just left Baghdad for the southern city of Basra, Riyadh Saleh moved restlessly from carriage to carriage, searching for a comfortable, air-conditioned seat.
Warren Buffett, Berkshire Hathaway, chairman & CEO, discusses the outlook on railroads and his company's acquisition of Burlington Northern.
*Shipping industry has a history of support in Congress. During a lobbying blitz in the past month, roughly 130 tugboat and barge operators fanned across Capitol Hill, meeting with lawmakers and congressional staffers.
*Coal revenue was down 17 percent. April 23- Coal shipments by Norfolk Southern Corp fell sharply in the first quarter, but the U.S. railroad still posted a higher profit on increased transport of goods. Coal revenue was down 17 percent in the quarter for Norfolk, due to lower prices and demand.
Norfolk competes with rival CSX Corp regionally, and both railroads traditionally get a lot of business from transporting coal in the Appalachian region of the eastern United States. Coal revenue was down 17 percent in the quarter for Norfolk, due to lower prices and demand.
EPS $0.89 vs est $0.88. April 19- Kansas City Southern, the No. 4 U.S. railroad, beat analysts' expectations with a 39 percent rise in quarterly profit, as strong automotive and cross-border intermodal shipments offset drought-related decline in grain volumes.