The Association of American Railroads (AAR) on Oct. 12 reported for the week ending Oct. 8, 2016, total U.S. weekly rail traffic was 521,789 carloads and intermodal units, down 6.1% compared with the same week last year.
Brazil’s National Bank for Economic and Social Development (BNDES) has agreed to lend Reais 3.5bn ($US 1.1 billion) to rail and port operator Rumo Logistics in order to fund part of its 2015-2018 investment program.
CSX on October 11 updated service conditions, post-Hurricane Matthew:
WSP | Parsons Brinckerhoff has named long-time Amtrak executive Drew Galloway as Vice President, Transit and Rail Planning Director. He will be based in the firm’s Newark, N.J. office.
Norfolk Southern is donating $50,000 to the American Red Cross to assist with Hurricane Matthew relief efforts across five Southeastern states.
Kevin Riddett has been appointed President and CEO of RailWorks Corp. effective Oct. 10, 2016.
After Hurricane Katrina, CSX decentralized its dispatching operations to the individual divisions. Now for Hurricane Matthew, the company, headquartered in Jacksonville, Fla., watches closely whether the storm makes an unprecedented curve back to Florida.