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CSX calls fourth-quarter, full-year earnings "solid"
CSX Corporation on Jan. 12, 2016 announced fourth-quarter 2015 net earnings of $466 million, a 5% decline from $491 million in the same period of 2014, or $0.48 per share,…
CP: "Status quo not an option"
Following a period of relative quiet over the Christmas holiday, Canadian Pacific’s endeavor to acquire Norfolk Southern has picked up steam with issuance of a white paper, “A 21st Century…
CSX names new sales, marketing leaders
CSX has appointed key leaders in the Sales and Marketing organization as it continues to focus on enhancing customer relationships and encouraging profitable growth, the company announced Jan. 11, 2016.…
RSI looks to sustain momentum in 2016
In 2015, the Railway Supply Institute, Inc. (RSI) advocated quite heavily against keeping truck size and weight from increasing. And it was successful on both accounts. Now, according to RSI’s…
AAR sets incremental PTC goals
Working within the up-to five-year extension Congress granted in late 2015, the Association of American Railroads has set year-end 2016 goals for Positive Train Control implementation.
RailComm to replace control system at Class I Buffalo yard
RailComm has been selected to replace an obsolete control system with its DOC® system at a Class I yard in Buffalo, N.Y., the company announced Jan. 11, 2016. The system…
CSX customers invest more than $2.2 billion in 2015
In 2015, CSX worked with its customers to locate 107 new plants or expanded facilities on its rail network or its connecting short line partners, the railroad announced Jan. 7,…
STB now showing the letters
Everything is out in the open, as it should be. Today (January 8, 2016), the Surface Transportation Board established a page on its website, “Major Railroad Mergers and Consolidations Correspondence,”…
UP supervisor honored with Patriot Award
California Employer Support of the Guard and Reserve (ESGR), a Department of Defense office (DoD), announced Jan. 4, 2016 that Tracy A. Butler, a supervisor at Union Pacific Railroad (UP)…
AAR’s Warchot joins private law firm
Association of American Railroads Senior Vice President-Law and General Counsel Louis P. Warchot has joined the Transportation practice of Sidley Austin LLP as counsel in its Washington, D.C. office.
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