Latest News Continued

The Bechtel-led consortium building the Dulles Corridor Metrorail project for Metropolitan Washington Airports Authority has completed the tunnel that will carry the future rail line under a portion of Tysons Corner, Va.

CSX Corp. Monday said it had appointed Oscar Munoz as executive vice president and chief operating officer and appointed Fredrik J. Eliasson as executive vice president and chief financial officer, effective immediately.

Kansas City Southern late Monday said it had notched record fourth-quarter revenue of $530 million, up 11% from the comparable quarter in 2010, while generating operating income of $150 million, up 11% from $135 million a year ago.

Railway Age is now accepting entries for its annual Short Line/Regional Railroad of the Year competition. Short lines and regionals—and there are more than 500 of them—are invited to submit entries describing outstanding achievement in one or a combination of areas.   ...
Canadian National and Canadian Pacific reached separate 10-year agreements with Canpotex Ltd. to transport potash volumes that Canpotex ships to export markets. Under CP's agreement, CP will be Canpotex's principal Canadian railway, transporting a large majority of potash shipments to Canpotex's ...

BNSF Railway Monday announced the release of two new online tools —Carload Shipping Advisor and Serving Carrier Reciprocal Switch Inquiry— that it says "allow customers to compare shipping options by price, equipment, and route for multiple origins and destinations." 

Bloomberg BusinessWeek magazine has listed Union Pacific No. 5 on its 2012 list of top 50 performing companies. The Bloomberg BusinessWeek 50 evaluates companies on one-year and five-year risk-adjusted returns, consensus analyst ratings, and projected earnings growth. Companies are ranked against ...

Neuilly-sur-Seine, France-based Thales Group said Monday it has been awarded a contract by IHI Corp. to resignal and upgrade the automated people mover (APM) located within Hong Kong international airport.

Railway Age Publisher Jonathan Chalon on Friday announced the “official launch of the new Railway Age website.”

Union Pacific announced Friday that UP and UPS achieved a "perfect peak season" in 2011 by delivering 100% of UPS peak-season freight without a service failure.

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