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CSX CEO Ward retiring, 1,000 jobs to be eliminated On Tuesday, Feb. 21, CSX Corp. announced that Chairman and Chief Executive Michael Ward and President Clarence Gooden will retire, effective May 31.
PANYNJ Board approves largest capital plan in history The Port Authority of New York and New Jersey (PANYNJ) Board of Commissioners approved a $32.3 billion 2017-2026 Capital Plan on Feb. 16.
New from NSC: High-capacity cottonseed/woodchip gondolas National Steel Car (NSC) and Curry Rail Services of Hollidaysburg, Pa., have teamed up to build new, high-capacity gondolas for cottonseed and woodchip service.
Moorman to Congress: "New era" of Amtrak investment required The head of Amtrak told lawmakers a new era of infrastructure investment is needed to ensure a healthy future for long-distance passenger rail travel in the U.S.
New Amtrak Charger locomotives testing on Cascades route National certification testing of Amtrak’s new Charger locomotive is being conducted by the Washington State Department of Transportation.

Breaking News

panynj-board-approves-largest-capital-plan-in-history
February 21, 2017
The Port Authority of New York and New Jersey (PANYNJ) Board of Commissioners approved a $32.3 billion 2017-2026 Capital Plan on Feb. 16. It is the largest capital plan in agency history and $29.5 billion in direct spending on PANYNJ projects and the $2.7 billion...
parsons-brinckerhoff-tabs-ruiz-latam-cfo
February 21, 2017
Global engineering firm WSP | Parsons Brinckerhoff has appointed Andres Ruiz as chief financial officer of its Latin America region.  Based in Bogota, Colombia, Ruiz will be responsible for consolidating the financial teams in the region, implementing financial best practices, and...
csx-ceo-ward-retires
February 21, 2017
On Tuesday, Feb. 21, CSX Corp. announced that Chairman and Chief Executive Michael Ward and President Clarence Gooden will retire, effective May 31. At the same time, the railroad said it was eliminating 1,000 management jobs in the coming weeks, at...
trackmobile-recognizes-best-performing-distributors
February 21, 2017
Trackmobile announced its top four performing Distributors with Awards of Excellence for 2016. “Our Distributors are the life blood behind our operation,” said Trackmobile President Ralph Przybyszewski, in a release. “These awards honor Trackmobile distributors that have demonstrated outstanding leadership, professionalism,...
for-wabtec-a-challenging-2016
February 21, 2017
Wabtec Corp. on Feb. 21 reported results for 2016’s fourth quarter and full year, and issued financial guidance for 2017, that reflects “significant headwinds” in the freight and industrial markets, as well as ongoing effects from its acquisition of Faiveley...

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Blogs and More

it’s-getting-a-bit-windy-around-jacksonville
February 17, 2017
Press releases disguised as letters? Or letters disguised as press releases? In a corporate power struggle, either method can be deployed with the intent of influencing shareholders. Both sides in the power struggle tend to get rather long-winded, to put it politely.
new-potentially-disruptive-businesses
February 14, 2017
This is Jim Blaze, rail economist and teacher—sometimes a reporter; always one who questions. I’m concerned about how the “Big 7” railroads are going to address their next five to ten years of market position, taking the wealth they created, and turning it into an...
congress-a-noisy-hall-with-a-nightly-brawl
February 13, 2017
With early indications that the Trump Administration is a political version of the Jerry Springer show, expect an atypical legislative session, with the Republican majority sometimes in open conflict with a Republican President who is unpredictable, impetuous, lacking previous government experience and quick to take...
seriously-mr-denham?
February 08, 2017
You want to kill yet another chance to bring U.S. passenger rail into the 21st Century? Play a disingenuous game of smoke and mirrors by attempting to associate the object of your loathing to something else that has only little to do with it, and...
stb-fra-judicial-ally-under-attack
February 02, 2017
If Judge Neil Gorsuch is Senate-confirmed to the Supreme Court, federal regulatory agencies such as the Surface Transportation Board (STB) and Federal Railroad Administration (FRA) could be closer to losing a handy, trusted and effective judicial ally in their interpretations of the statutes they administer.

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