Did You Know?

Comparison: Class I vs. Class II & Class III Railroads

Source: “Maintaining a Track Record of Success” – Funded by the soybean checkoff  

Class I Railroad – a railroad with an operating revenue exceeding $398.7 million.  Seven Class I railroads operate in the United States: Burlington Northern Santa Fe Railway, CSX Transportation, Kansas City Southern Railway, Norfolk Southern Railway, and Union Pacific Railroad.  Canadian National Railway and Canadian Pacific Railway are also considered Class I due to their significant trackage in the United States.

Class II Railroad – often called a “regional railroad.”  Class II railroads have operating revenues between $31.9 million and $398.7 million.

Class III Railroad – often called a “short line railroad.”  Class III railroads have operating revenues of $31.9 million or less.  

Cong. Rodney Davis to Keynote Ag Transportation Summit; Early Bird Registration Concludes July 1st

On July 30-31, the National Grain and Feed Association and the Soy Transportation Coalition will host the first ever Ag Transportation Summit: “A Modern Infrastructure for Modern Agriculture.”  The event, sponsored in part by the U.S. Department of Agriculture’s Agricultural Marketing Service, will be held at the Westin O'Hare near Chicago. 

Nicaragua gives Chinese firm contract to build alternative to Panama Canal

Nicaragua has awarded a Chinese company a 100-year concession to build an alternative to the Panama Canal, in a step that looks set to have profound geopolitical ramifications.

China's Middle Class Expected to Triple by 2022

If a new bilateral U.S.-China study is even close to correct about the extent of the growth in China’s middle class, exporters in the U.S. and elsewhere are in for a windfall.

Panama Canal Testing Just-in-Time Transit

The Panama Canal Authority (ACP) has launched a trial period for its just-in-time service, which will allow vessels to arrive at the Panama Canal closer to their scheduled transit time.