Latest News Continued
The New York Metropolitan Transportation Authority and the New York Power Authority on Friday unveiled the latest in a series of 86 energy projects expected to yield savings of nearly $5.7 million a year and annual reduction of greenhouse ...
CN said it will Webcast its two-day meeting with financial analysts in Chicago on June 9-10, 2010. The CN management team will deliver a series of presentations “focusing on operational excellence and service innovation to support g ...
Alternate Concepts, Inc.(ACI), announced Friday that it has won a five-year contract worthapproximately $250 million operation and maintenance contract with Tren Urbano,the 16-station subway system serving the metropolitan San Juan, Puert ...
Hearings will be held at eight sites in Virginia and North Carolina in July on a draft environmental statement that is key step toward bringing fast new train service to the southeastern United Sates. ...
Building on a policyshift announced earlier this year by U.S. Transportation Secretary Ray LaHood,the Federal Transit Administration today asked for public comment on how tochange the way major transit project proposals seeking federal fu ...
Some media reports areindicating that the Canada Line in Metropolitan Vancouver, B.C., is "nearingcapacity" as daily ridership levels climb closer to the 100,000 mark. This iscertainly a milestone that has been reached much soon ...
Duluth, Minn., has earned a reputation for its ability to handle massive yet delicate pieces of wind power equipment, moving nearly one million freight tons of such components in the past five years, the ...
Canadian railroads reported 70,699 carloads for the latest week, up 29.7% from last year, and 46,374 trailers and containers, up 20.6 %.

Mexican railroads  originated 15,390 carloads, up 24.2% percent from the year, and 6,915 trailers and containers, up 37.4%.

Total North American rail volume for the first 21 weeks of 2010 on 13 reporting  railroads was 7,729,358 carloads, up 10.2% from last year, and 5,412,142 trailers and containers, up 11.9%.

--> The Association of American Railroads said Thursday that intermodal volume on U.S. railroads for the week ended May 29 was the highest since November 2008. The 225,111 trailers and containers hauled in the latest week was  up 35.5% from last year and 10.3% from 2008. Unlike 200 ...

Canadian Pacific told analysts at its annual investors day in Vancouver Wednesday that it remains undecided on building a line to the Powder River Coal Basin in Wyoming, an option it acquired in 2008 with acquisition of the Dakota, Minnesota & Eastern. DM&E had advanced the planned line through the Surface Transportation Board and past numerous environmental obstacles.

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Jane O'Hagan, CP’s vice president for marketing, said no decision is likely to be made before the United States clarifies positions that will affect the future of coal as a major source of energy—and that’s just one of several hurdles.

“Market volatility, coupled with the politics of coal-generated energy and CP’s requisite conditions for investment, such as mine access, long-term contracts, and assembly of the right-of-way, have not been met,” said O'Hagan.

CP officers seized the occasion to describe a number of actual and potential initiatives that would increase the railroad’s productivity and efficiency at relatively modest cost. One is continuing to shrink the system without significant loss of business. On CP’s current line-abandonment map are 1,400 miles of track in Canada and the northern United States targeted for action in the next 18 months.

--> Canadian Pacific told analysts at its annual investors day in Vancouver Wednesday that it remains undecided on building a line to the Powder River Coal Basin in Wyoming, an option it acquired in 2008 with acquisition of the Dakota, Minnesota & Eastern. ...

Surface Transportation Board Chairman Dan Elliott Wednesday said Canadian National must hold to the terms STB announced when CN acquired the Elgin, Joliet & Eastern Railway. “We are fully behind that decision,” said Elliott, “and we will defend it in court.”

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That includes a requirement that CN fund the bulk of the cost of railroad overpasses in Lynwood and Aurora, Ill., which CN reportedly has challenged.

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Elliott met with a group at the New Lenox, Ill., village hall, including some representing The Regional Answer to Canadian National (TRAC), which still opposes the acquisition and seek STB’s decision approving the purchase to be reversed. Opponents argue that impact on the environment and their communities have been more than anticipated. Elliott did not suggest such a reversal was likely, however.

CN spokesman Patrick Waldron said 22 communities along the EJ&E route have signed voluntary mitigation agreements with the railroad. CN has committed $60 million in mitigation projects altogether, exclusive of the two overpasses in contention.

 

 

--> Surface Transportation Board Chairman Dan Elliott Wednesday said Canadian National must hold to the terms STB announced when CN acquired the Elgin, Joliet & Eastern Railway. “We are fully behind that decision,” said Elliott, “and we will ...
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