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CN: “Record-setting grain movements”
CN “is continuing its record-setting pace of grain movements and remains fully in sync with the grain supply chain in Western Canada,” President and CEO Claude Mongeau said on Feb.…
UP: Fritz succeeds Koraleski; capex set at $4.3 billion
Lance Fritz has succeeded Jack Koraleski as President and Chief Executive Officer at Union Pacific effective immediately, and was also elected to the railroad’s board of directors. Koraleski is now…
U.S. freight traffic: Good week, good January
U.S. freight traffic wrapped up the week ending Jan. 31, 2015 with solid gains, capping an equally solid month of advances, the Association of American Railroads reported Wednesday, Feb. 4.
AAR to Congress: Don't hurt private investment
Testifying on Tuesday, Feb. 3, 2015 in Washington before the House Transportation and Infrastructure Subcommittee, Association of American Railroads President and CEO Edward R. Hamberger cautioned lawmakers not to tamper…
AAR: VanderClute retires; Rush takes up the safety reins
Association of American Railroads Senior Vice President of Safety & Operations Robert VanderClute, a 44-year career railroader, has retired after 12 years with the organization. He is succeeded by Michael…
AAR report: Freight rail "will carry the economy"
“The U.S. economy continues to grow, and strong demand for rail service demonstrates that the freight rail industry is integral to this growth,” the Association of American Railroads (AAR) declared…
CP’s Harrison calls Ag Transport Coalition initiative “disingenuous”
Canadian Pacific says it is “appalled” that the Ag Transport Coalition, a government-funded group, “can claim it is trying to enhance ‘the competitiveness of the agricultural supply chain,’ but not…
U.S. freight traffic shows good growth
Total U.S. weekly rail traffic for the week ending Jan. 24, 2015 rose 4.1%, measured against the comparable week in 2014, according to the Association of American Railroads in its…
Record volume drives CN 4Q, full year
Canadian National late Tuesday, Jan. 27, 2015 reported fourth-quarter net income of C$844 million (US$678 million), or C$1.03 (about 83 U.S. cents) in diluted earnings per share, compared with C$635…
NS Roanoke offices to close
Norfolk Southern on Jan. 27, 2015 said that it will close its Roanoke office building at 110 Franklin Road SE later in the year and relocate the functions currently housed…
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