Kansas City Southern will invest $550 million to $560 million in 2017 capital, a 4% to 5% percent reduction from its $584 million 2016 capex program.
Norfolk Southern on Jan. 24 named six people to new Vice President positions and duties, and announced the retirement of two long-time executives.
Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.) on Jan. 23 announced his selections for Full Committee Vice Chairman and the Committee’s six Subcommittee Chairmen for the 115th Congress:
Transit industry veteran Richard Bacigalupo has joined Cardinal Infrastructure, LLC as a partner, creating a quartet with founding partners Sherry E. Little, Anja Graves, and Severn E. S. Miller.
The Association of American Railroads issued a statement on Donald J. Trump's inauguration day as President of the United States stating that the rail industry is prepared to work with his Administration:
Edwin E. Tatem has been named Construction Services Manager, Transportation & Infrastructure, for the Central Region at WSP | Parsons Brinckerhoff.
Union Pacific Corporation on Jan. 19 reported 2016 fourth-quarter net income of $1.1 billion, or $1.39 per diluted share compared to $1.31 per diluted share, in fourth-quarter 2015.