Latest News Continued
The Surface Transportation Board announced that it will hold a public hearing March 22 “to explore the impact of the Berkshire Hathaway, Inc. acquisition of the Burlington Northern Santa Fe Corp. on certain costing determinations.” The board will look at the effect of the $43 billion purchase ...

Canadian Pacific on Friday requested the Federal Minister of Labour appoint a conciliator “to assist in progressing discussions on a new agreement, involving legacy pensions, with the union representing the company's Canadian train crew employees and rail traffic controllers.”

Last weekend was the start of Speed Week, which hopefully culminates on Monday night , Feb. 27, with the rain-postponed running of The Great American Race, the Daytona 500.

Canadian National said Friday it plans to invest C$1.75 billion in 2012 to maintain and upgrade its railway network, support growth and productivity initiatives, and continue to provide customers with a high level of service.

Possibly due to any outcry of protest from numerous transport groups—and certainly due in part to defections within Republican House ranks—the House of Representatives has moved to delay consideration of any surface transportation authorization bill until Feb. 27 at the earliest. ...

Norfolk Southern Corp. said Friday it has earned the top ranking among railroads in the S&P 500 Clean Capitalism Ranking, published by Corporate Knights, a media, research, and financial products.

Federal New Starts money would pay a substantial percentage of any light rail transit development on the proposed I-5 bridge linking Portland, Ore., and Vancouver, Wash., if the U.S. Department of Transportation has its way.

U.S. carload freight traffic advanced 1.7% in the week ending Feb. 11, 2012, compared with the same week in 2011, the Association of American Railroads said Thursday. But U.S. intermodal volume failed to keep pace, slipping 0.4% when measured against the comparable week last year.

Sumitomo Corp. of America, in conjunction with its car builder partner Nippon Sharyo, said Thursday it has landed a contract from Virginia Railway Express (VRE) "for 50 gallery-type bi-level passenger cars."

Norfolk Southern said Tuesday that two fuel suppliers, Dynamic Fuels, LLC and Mansfield Oil Co., have signed an agreement to supply renewable diesel to the Class I railroad.

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