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Rail Insights: Union Pacific and PTC
From Chicago, and Railway Age's Rail Insights Conference and Expo today, June 7:
Mongeau stepping down at CN
Citing health reasons, CN President and Chief Executive Officer Claude Mongeau will step down on June 30, 2016. Executive Vice President and Chief Financial Officer Luc Jobin will succeed him.
UP Bakken crude oil train derails in Oregon
A Union Pacific train carrying 96 carloads of Bakken crude to a refinery in Tacoma, Wash., derailed in Mosier, Ore., on June 3.
CN launches website for safety input along key routes
CN launched a website on June 3, 2016 to encourage communities to submit input for corridor risk assessments along rail routes carrying significant amounts of dangerous goods.
Carload traffic down 10.3% for May
The Association of American Railroads (AAR) announced its monthly rail freight traffic report for May, and the week ending May 28, 2016. The figures, as expected, haven’t improved.
UP: Idaho rail infrastructure investment of $35.8 million
Union Pacific's rail network in Idaho will receive $35.8 million in 2016 capital funds.
MARS: Volume vs. velocity
“Volume vs. Velocity—Managing Change in 2016” will be the theme for the 247th meeting of the Midwest Association of Rail Shippers (MARS) to be held July 11–12, 2016 at the…
Jason Seidl: Takeaways from the NARS 2016 Annual Meeting
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl attended the National Association of Rail Shippers (NARS) 2016 Annual Meeting, and offers the following report:
CSX m/w, guided by COMPASS™
Protran Technology, a unit of Harsco Rail, has secured its first order from a U.S. Class I for its COMPASS™ railway asset location and awareness system.
Rail freight traffic: Same stuff, different week
North American rail freight traffic remains in the doldrums, the Association of American Railroads reported for the week ending May 21, 2016.
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FRA faults bolts, brakes and UP in June 3 crude oil derailment
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AAR: Total U.S. weekly rail traffic down 7.5%
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