Railroads planning for economy to get back on track
Sep 30, 2009
Because shipping volumes have increased some through 2009, Union Pacific was able to bring back 800 employees in April who had been previously laid off. Read more...
Canada's railways see gradual economic recovery
Sep 23, 2009
Canada's major railways say the economic recovery will be gradual with consumer spending and retail shipments expected to be soft, while auto, forest products and natural resources still haven't rebounded. "Prospects for consumer spending will improve although this might be dampened initially by high levels of debt and unemployment," Luc Jobin, chief financial officer of Canadian National Railway. Read more...
Q3 2009 Newsletter
Sep 17, 2009
There were lots of exciting changes since our last newsletter in May. If you haven't been following all the action, take a minute to peek at our Q3 Newsletter. Also, don't forget to stop by and say hello to us at Booth 211 if you are this week's Global Railway Tech conference in Chicago!
Wall Street Firms Seeing A Freight Rail Recovery
Sep 06, 2009
Some on Wall Street are sounding bullish notes on rail freight, predicting a sector recovery on sequentially improving commodity traffic and urging investors to buy the stocks. My instict says we have a recovery," lead analyst Randy Cousins told Dow Jones Newswires. He called the second quarter a bottom, while noting that the year-over-year numbers "are still ugly." Read more...
Video Tutorials Available
Aug 27, 2009
Whether you are new to RailFood or have been using the site for years, it's worth taking 1 minute to look over our new Video Tutorials. They cover topics from basic searching to listing items and even using our new Request for Quotation engine. Each video is only about 1 minute long.
CSX: $175M rail yard will spur additional businesses
Aug 24, 2009
CSX officials are betting that in 2011, North Baltimore will become a $175 million hub to sort goods for shipping across the nation by train and truck. It will employ more than 200 when fully operational. Four hundred more jobs are being generated during construction. The rail yard will spur warehouses and other businesses, generating about 2,600 jobs in the next 10 years, CSX officials predicted. Read more...
RSI Cancels 2010 convention
Aug 20, 2009
The next trade show, Railway Interchange, will be held in Minneapolis, MN in September 2011. The show will have indoor/outdoor exhibits and is being held in conjunction with the American Railway Engineering and Maintenance Association (AREMA), Railway Systems Suppliers Inc. (RSSI) and Railway Engineering Maintenance Association (REMSA). For questions please contact Tom Simpson at (202) 347-4664.
CSX facing void in upper management
Aug 12, 2009
CSX is faced with losing 40-45 percent of its management staff of about 4,000 employees over the next 5-7 years, but they are creating programs to recruit and develop the employees that will fill those positions. CSX is also working to develop a workforce that reflects the diversity of the communities in which it operates. Read more...
