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Canadian Pacific on Thursday, Feb. 11, 2016 launched a new website, CPconsolidation.com, purporting the benefits of its proposed acquisition of Norfolk Southern. The website launch came two days after CP…
Intermodal up, carloads down in latest week
For the week ending Feb. 6, 2016, North American freight rail traffic experienced a 10% gain in intermodal, and a corresponding drop in carloads, the Association of American Railroads (AAR)…
CN targeting C$2.9 billion in 2016 capital investments
CN announced on Feb. 10, 2016 the details of its 2016 plan to invest approximately C$2.9 billion in rail infrastructure and equipment “to raise network efficiency, support long-term growth and…
Ackman to NS shareholders: I have a way to make you talk with me
In what some industry observers believe may be a final attempt—short of a proxy battle—by hedge fund head Bill Ackman at a hostile takeover of Norfolk Southern, Canadian Pacific on…
Amtrak to STB: Intermediate stops count
In comments filed with the Surface Transportation Board’s Ex Parte 726, Notice of Proposed Rulemaking on On-Time Performance under Section 213 of the Passenger Rail Investment and Improvement Act of…
Congressman Goodlatte tours PRS locomotive and rail car services facility
On Feb. 5, 2016, U.S. Congressman Bob Goodlatte (R-VA-06) joined National Railroad Construction & Maintenance Association (NRC) member—Progress Rail Services (PRS)—for a tour of its locomotive and rail car services…
Railway Age’s inaugural Fast Trackers—10 Rising Stars Under 40, are ten individuals under the age of 40 who have made an impact in their respective fields or within their company.
CSX, Front Row Motorsports re-team for NASCAR Sprint Cup Series
For a fourth consecutive season, CSX and Front Row Motorsports will join forces to promote public safety around railroad tracks with the No. 34 “Play It Safe” Ford Fusion in…
UP trims capital spending, launches grade crossing evaluation program
Union Pacific on Feb. 5, 2016 announced a 2016 capital plan of approximately $3.75 billion, about $550 million lower than 2015. The plan includes $375 million for Positive Train Control.…
NS: $4.2 billion invested along rail lines in 2015
Norfolk Southern assisted 93 industries in locating or expanding their businesses along its rail lines in 2015, the railroad reported on Feb. 4, 2016.
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