Latest News Continued

Nordco Inc. launched its RoadReady™ Surfacing Team to an audience of more than 100 railroad professionals during a customer Open House at its Oak Creek Headquarters in Wisconsin on August 11-12.

As we prepare for the 107th gathering of the Air Brake Association (ABA), I am excited by the promise of a successful and informative convention in conjunction with the Railway Interchange 2015. Along with our Board of Directors and fellow members of the Combined Mechanical Associations (CMA), I ...
New York New Jersey Rail, LLC (NYNJR), a rail-barge short line wholly owned by the Port Authority of New York & New Jersey, has taken delivery on three new ultra-low-emissions SE10B diesel-electric switcher locomotives from Knoxville Locomotive W ...
CN President and CEO Claude Mongeau will soon undergo surgery to remove a rare type of precancerous soft-tissue tumor located in the upper left part of his larynx, the railroad announced August 12, 2015. In his absence, Executive Vice President and Chief Financial Officer Luc Jobin will run the r ...
Union Pacific President and CEO Lance Fritz issued a statement to non-agreement employees on August 12, 2015 announcing a “workforce reduction initiative” as “the railroad takes the necessary steps to align resources with current business req ...
TNW Corporation, a privately held operator of short line railroads and logistics centers, including, TXGN and TXNW railways, has completed a multimillion-dollar upgrade at its Panhandle Logistics Center, the company announced August 10 ...
In reporting Class I railroad traffic for the week ending Aug. 8, 2015, the Association of American Railroads (AAR) took note of the fact that CBR (crude by rail) shipments in 2015's second quarter dropped 16%, or 21,189 tank car loads, from third-quarter 2014, the peak quarter for rail crude oil or ...

The Surface Transportation Board has set the rail industry’s 2014 after-tax cost of capital at 10.65%, some 6% lower than the 2013 figure of 11.32%.

The Maryland Transit Administration (MTA) has decided to phase out its 10-unit fleet of AEM7 and HHP8 electric locomotives used for MARC regional/commuter rail service and replace them with eight new 125-mph “Charger” diesel-electric loco ...

Canadian Pacific says it “is well positioned to provide best-in-class service to western Canadian grain shippers during the 2015-2016 crop-year.”

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