Norfolk Southern expands portfolio of certified rail-served industrial sites

Norfolk Southern continues to strengthen its industrial site development with the recent certification of three additional rail-served properties in seven states through the Redi Sites program.

This brings the total number of NS Redi-certified sites to 12, showcasing the company’s commitment to providing prime locations for businesses seeking rail-integrated solutions.

The Redi Sites program, administered by the U.S.-based Site Selectors Guild, offers a standardized and rigorous evaluation...

https://www.freightwaves.com/news/norfolk-southern-expands-portfolio-of-certified-rail-served-industrial-sites

NTSB faults Maryland in Key Bridge collapse, warns dozens of other bridges at risk

The National Transportation Safety Board said a proper risk assessment by the state of Maryland may have avoided the deadly Key Bridge collapse in 2024, and the agency warned that dozens of other bridges are at similar risk throughout the United States.

The warning comes as part of the NTSB’s ongoing investigation into the March 2024 allision of the containership Dali with the Francis Scott Key Bridge in Baltimore, which killed six road workers.

In a new report, the NTSB said it conducted a...

https://www.freightwaves.com/news/ntsb-faults-maryland-in-key-bridge-collapse-warns-dozens-of-other-bridges-at-risk

Thousands of Teamsters rail workers ratify new national contract

In a significant win for rail workers across the United States, over 8,700 members of the Brotherhood of Maintenance of Way Employes Division (BMWED) of the Teamsters Rail Conference have voted to approve a new contract with the National Carriers’ Conference Committee (NCCC).

The agreement covers workers from more than 20 railroads who bargained collectively through the NCCC. They include welders, track inspectors and electricians.

BMWED President Tony Cardwell in a release emphasized the broad...

https://www.freightwaves.com/news/thousands-of-teamsters-rail-workers-ratify-new-national-contract

Weekly US rail traffic remains ahead of 2024 levels

Weekly U.S. rail traffic remains ahead of 2024 levels, with a third straight week of gains greater than 5%, according to the Association of American Railroads.

Volume for the week ending March 15 was 503,473 carloads and intermodal units, a 6.2% increase from the same week a year ago. That includes 226,027 carloads, an increase of 3.1%, and 227,446 containers and trailers, up 8.8%.

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https://www.freightwaves.com/news/weekly-us-rail-traffic-remains-ahead-of-2024-levels

County Line Rail acquires Sabine River & Northern Railroad

Rail logistics provider County Line Rail (CLR) announced the acquisition of the Sabine River & Northern Railroad (SRN), a 40-mile shortline railroad in east Texas.

Founded in 1965, the SRN provides freight service over 40 miles of track from Bessmay to Echo, Texas, with a branch line from Buna to Evandale. It connects with Canadian Pacific Kansas City, Union Pacific and Burlington Northern Santa Fe. It handles mostly chemicals, pulp and paper products.

No terms were disclosed by privately held...

https://www.freightwaves.com/news/county-line-rail-acquires-sabine-river-northern-railroad

OmniTRAX joint venture acquires California short line railroad

OmniTRAX announced a joint venture partnership to acquire the Santa Maria Valley Railroad in California’s Central Coast region. 

The deal is OmniTRAX’s 29th rail operation in its expanding national network, North America’s largest privately owned shortline holding company.

Terms were not disclosed.

The Santa Maria Valley Railroad is a historic 114-year-old line operating 15 miles of mainline track connecting local commercial and agricultural businesses to coastal ports and the broader North...

https://www.freightwaves.com/news/omnitrax-joint-venture-acquires-california-short-line-railroad

Yearly gains for US rail freight despite intermodal weakness

U.S. rail traffic for the week ending March 8 showed a notable increase in overall activity compared to the same week in 2024, even as intermodal volumes continued to slow so far this year.

Total U.S. traffic reached 497,412 carloads and intermodal units, according to the Association of American Railroads, marking a 5.4% increase from the same period in 2024. Growth was driven by increases in both carload and intermodal volumes.

Carload traffic for the week totaled 219,457, up 2.6% from the...

https://www.freightwaves.com/news/yearly-gains-for-us-rail-freight-despite-intermodal-weakness

Trucking stocks tumble, but Citi sees opportunity in chaos

Citi’s transportation analysts have released a report suggesting that the recent sell-off in trucking stocks may be overblown, driven by investors’ overreactions to sharp declines in trucking spot rates. The report highlights key factors and trends shaping the sector.

Truckload spot rates have plummeted in early 2025, erasing gains from late 2024. While this drop partly reflects seasonal norms, its magnitude has exceeded investor expectations, fueled by excess capacity and soft demand in the...

https://www.freightwaves.com/news/trucking-stocks-tumble-but-citi-sees-opportunity-in-chaos