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Regan Smith, Furniture Row Racing, CSX anticipate rain-postponed Daytona 500
DAYTONA BEACH, FLA.: The 54th running of the Daytona 500 is scheduled to take place tonight (Monday Feb. 27), after heavy rains forced postponement of The Great American Race from…
Buffett praises Matt Rose leadership
If 81-year-old Warren Buffett has a short list of candidates to succeed him as head of Berkshire Hathaway, he did not directly allude to it in his annual message to shareholders, released…
AAR: U.S. freight traffic slumps in latest week
U.S. freight carload traffic for the week ending Feb. 18, 2012 declined 5.2% measured against the comparable week in 2012, the Association of American Railroads said Thursday. U.S. intermodal volume…
NS nixes Charlotte commuter line plan
Norfolk Southern says it cannot support a current plan for commuter rail service linking Charlotte and Mt. Mourne, N.C., calling the idea "fatally flawed."
RRIF loan will finance 30 KCSR locomotives
Kansas City Southern Railway Company (KCSR) has taken out a $54.6 million Federal Railroad Administration-administered Railroad Rehabilitation and Improvement Financing (RRIF) Program loan to purchase 30 new General Electric ES44AC…
CSX expands RailComm system
Fairport, N.Y.-based RailComm said Wednesday CSX Transportation has expanded its Domain Operations Controller (DOC®) system located at Boyles Yard in Birmingham, Ala.
STB slates hearing on effect of BNSF purchase price
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…
CP seeks conciliation on legacy pension changes
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…
CN charts C$1.75 billion 2012 capex
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…
Norfolk Southern earns "Clean Capitalism" honor
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.
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