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In remarks at the Midwest Association of Rail Shippers annual meeting on Jan. 13, 2015, Lance M. Fritz, President and CEO of Union Pacific, while declining to comment specifically on the proposed CP/Norfolk Southern merger, said, “I believe a Class I rail merger is not in the best interests of ...

The Railway Supply Institute (RSI) has promoted Amanda Patrick to the position of Vice President of Trade Shows and Member Relations, the association announced Jan. 14, 2016.

For the week ending Jan. 9, 2016, total U.S. rail traffic was 498,160 carloads and intermodal units, down 3.7% compared with the same week in 2015, as carload traffic dipped and intermodal grew, the Association of American Railroads (AAR) reported on Jan. 13.

BNSF President and Chief Executive Officer, Carl Ice, R ...
The nation's top freight rail representative, Association of American Railroads (AAR) President and CEO Edward R. Hamberger, said Jan. 13, 2016 that the industry will be targeting several key issues in the new year, such as maintaining balanced economic regulation at the Surface Transportation Bo ...
January 6th in religious terms is The Epiphany. It was on this occasion that New York Gov. Andrew Cuomo gave New Yorkers an epiphany of their own by unveiling Empire Station Complex, a multi-billion-dollar project—yet unfunded—making New York’s Pennsylvania Station the focal point of transp ...
The results from Cowen and Company’s Fourth Quarter 2015 Rail Shipper Survey “continue to show demand weakness, a lack of confidence in the economy and that further truckload rate deterioration may still be catching up to rail pricing,” says Managing Director and Railway Age Wall S ...
Most likely to assist in heading off Canadian Pacific’s next move toward an acquisition, Norfolk Southern announced on Jan. 12, 2016 that it is consolidating two of its divisions and shutting down portions of one secondary line as “part of the company’s ongoing drive to enhance operating ef ...

CSX Corporation on Jan. 12, 2016 announced fourth-quarter 2015 net earnings of $466 million, a 5% decline from $491 million in the same period of 2014, or $0.48 per share, down 2% from $0.49 in the prior year.

Following a period of relative quiet over the Christmas holiday, Canadian Pacific’s endeavor to acquire Norfolk Southern has picked up steam with issuance of a white paper, “A 21st Century Railroad for a 21st Century Economy,” in which CP argues that “a change in the railroad industry sta ...
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