With Railway Age since 1992, Bill Vantuono has broadened and deepened the magazine's coverage of the technological revolution that is so swiftly changing the industry. He has also strengthened Railway Age's leadership position in industry affairs with the conferences he conducts on operating passenger trains on freight railroads and communications-based train control.
Union Pacific has named 74 companies as annual Pinnacle Award recipients for chemical transportation safety.
Now in its sixth year, Norfolk Southern’s “Train Your Brain” public safety program has reminded more than half a million people “to be smart and alert around highway-rail grade crossings and to avoid trespassing on railroad property,” the railroad notes.
The stage has been set for Canadian Pacific’s annual shareholders meeting on May 17, where hedge fund Pershing Square Capital Management will attempt a takeover of CP and replace the railroad’s president, Fred Green, and board of directors with its own candidates.
Regan Smith, driving the no. 78 Furniture Row/CSX Play it Safe Chevrolet, rebounded to a 16th-place finish in the Goody’s Fast Relief 500 Sprint Cup race at Martinsville Speedway on April 1.
The late-race turnaround “was a result of sound pit strategy, quick pit stops, and a combination of patient and savvy driving,” the team said.
Highlights from Kansas City Southern President and CEO Dave Starling’s remarks upon receipt of the Railroader of the Year Award, Union League Club, Chicago, Ill., March 13, 2012. “Railroading in North America: This Generation to the Next”
Kawasaki Rail Car USA, Inc. is currently assembling the prototype trainset of the Washington Area Metropolitan Area Transit Authority’s (WMATA) new 7000 Series Metrorail rapid transit cars in Kobe, Japan.
Canadian Pacific will be moving additional Bakken crude oil by unit train from a planned industry logistics hub served by its North Dakota network.
The Van Hook, N.D., facility, to be developed by U.S. Development Group (USD), will handle crude oil and related products from the Bakken formation and will have initial capacity of up to 35,000 barrels per day at eight automated truck unloading positions.
Three Class I railroads—Union Pacific, Norfolk Southern and CSX—and Berkshire Hathaway, parent company of BNSF Railway, have been named by Fortune magazine as among the world’s “Most Admired Companies” in 2011. UP, NS, and CSX were ranked No. 1, No. 3 and No. 6, respectively, among transportation, logistics, and trucking firms, while Berkshire Hathaway was named No. 3 overall on the 50 most admired companies. Together, UP, NS, CSX, BNSF comprise the “Big Four” Class I’s.
Fortune describes its Most Admired list “the definitive report card on corporate reputations. The industry rankings reflect the opinions of executives, directors, and analysts who are asked to rate companies in their own industry on nine different criteria. These aspects include innovation, people management, use of corporate assets, social responsibility, quality of management, long-term investment, financial soundness, quality of products and services, and global competitiveness.” To arrive at the top 50 overall, Fortune’s research partner, the Hay Group, asked 4,100 executives, directors, and securities analysts to select the 10 companies they admired most. The survey included 673 companies from 32 countries.
How far our “bricks and mortar” industry has come in the space of a few years! Is it any surprise? Not to this magazine!
CSX Transportation has presented its Partnershipping Award to the Regional
Economic Development Partnership (RED) in Wheeling, W.Va., for its efforts
in locating three energy-related projects that will be served by CSX.
Monday night’s rain-delayed Daytona 500, the season-opening event in the NASCAR Sprint Cup Series, marked a milestone for CSX Transportation, the first Class I railroad to sponsor a Sprint Cup team.