CSX chief Michael Ward told CNBC's Squawk Box Wednesday that having "a very diversified portfolio of shipments" overcame a 14 percent decline in coal shipments in the first quarter.
Plans for a nationwide, state-of-the-art railroad safety system, inspired by a fatal crash in 2008, are meeting with resistance, due to a fierce debate over its effectiveness and business benefits.
Tuesday, 27 Mar 2012 | Posted By:
| Source: CNBC.com
The digital revolution has gone far beyond the Internet, smart phone and GPS device in your vehicle. And though these devices have made life and work faster and easier, that may not be all for the good.
Thursday, 19 Jan 2012 | Posted By:
| Source: CNBC.com
The end of the Keystone Pipeline project puts the U.S. at a competitive disadvantage and was a personal disappointment to the chief executive of railroad Union Pacific.
Major U.S. freight railroads said on Thursday they had dodged the imminent threat of a national rail strike by reaching tentative contract agreements with two big unions.