Latest News Continued

The Surface Transportation Board (STB) on Sept. 8, 2016 announced its annual determination of revenue adequacy for U.S. Class I freight railroads for 2015. Of the "Big Seven" (five U.S. carriers and two U.S. subsidiaries of Canadian roads), four made the cut.

09 September 2016

CFO change at CP

Canadian Pacific announced Sept 8, 2016 that Executive Vice President and Chief Financial Officer Mark Erceg has resigned, effective immediately, to join a U.S. company. Nadeem Velani has been appointed interim Vice President and CFO.

The most effective life-saving traffic safety tool for a commuter and a community may be the daily metro transit pass. A new study released by the American Public Transportation Association (APTA) shows that a person can reduce his or her chanc ...

Brightline’s first Siemens Charger diesel-electric locomotive has successfully completed initial testing and operated for the first time, powered by its Cummins QSK95 diesel engine, on the quarter-mile test track at the Siemens manufacturing facility in Sacramento, Calif.

WSP | Parsons Brinckerhoff has appointed Richard Driggs President of its new Program Management sector, with responsibility for building a program management organization across all of the company’s markets in the U.S. and Latin America, including buildings, industrial and energy, environment, ...

Gross & Janes Co. announced Sept. 8, 2016 that it has received a United States Patent for a “two-step” borate pre-treatment dipping process and related equipment the company developed to increase the life of wood railroad crossties.

On Sept. 1, 2016, the Canadian government awarded a lion’s share of transit development agreements in the province of Alberta to the city of Edmonton.

The economy remains “tepid” and surface transportation companies “remain focused on controlling costs, limiting capex and searching hard for growth opportunities,” according to Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl, report ...
CSX Corporation Executive Vice President and Chief Financial Officer Frank Lonegro updated investors and analysts on Sept. 7, 2016 at the Cowen and Company 9th Annual Global Transportation Conference in Boston about the company’s third-quarter expectations, fu ...
The first of 300 Bombardier R179 cars ordered by the New York Metropolitan Transportation Authority for the MTA  New York City Transit B Division subway was unloaded at 207th Street Yard in Upper Manhatta ...
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