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STB seeks less formal litigation, more mediation
The Surface Transportation Board has initiated proposals to encourage more mediation and arbitration for the resolution of issues coming before the Board.
Standard & Poor's upgrades KCS credit rating
Standard & Poor's on Tuesday upgraded Kansas City Southern's credit rating to B+ with a positive outlook, one level below an investment grade rating, which would further cut borrowing costs. The upgrade…
CN sells two rail segments to Metrolinx
CN said Tuesday it would sell two rail segments in the Greater Toronto Area to Metrolinx for C$310.5 million.
AAR: U.S. freight traffic remains mixed
U.S. freight carload traffic for the week ending March 17, 2012 fell 5.3% compared with the same week in 2011, the Association of American Railroads said Thursday. But U.S. intermodal…
Rail employment barely down in mid-February
Class I rail employment numbers released by the Surface Transportation Board show Class I railroads employed 159,333 people in mid-February, up 3.93% from February 2011, and down just 105 positions,…
Smith, Furniture Row Racing, CSX finish mid-pack at Bristol
Regan Smith brought his No. 78 Furniture Row Racing/CSX Play it Safe Chevrolet home in 24th place, four laps down, at Bristol Motor Speedway on Sunday following an early incident.
"Continuing resolution" no solution at all
Congress can't seem to get out of its own way when it comes to reauthorizing the surface transportation program. It's approaching three years since the silly-named SAFETEA-LU expired in September 2009.
GM names UP Rail Services Supplier of the Year
General Motors has named Union Pacific its 2011 Supplier of the Year for Rail Services.
Amtrak, Michigan cry foul over NS slow order
Amtrak and the Michigan Department of Transportation late Thursday publicly protested a decision by Norfolk Southern enacting speed restrictions of 25 to 30 mph on NS track between Kalamazoo and…
RailComm names Michael Dampier VP
Fairport, N.Y.-based RailComm on Thursday announced that Michael Dampier has joined the company as vice president of Sales and Marketing. Dampier will be based in Jacksonville, Fla.
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