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CP’s Green, five directors step down from Board
In a sweeping move, Canadian Pacific early Thursday announced not only the departure of President and CEO Fred Green—a move widely expected—but also the declaration of six existing directors not…
CP in the time of E. Hunter Harrison
As this is written, much of the railroad world awaits the Thursday, May 17, vote by Canadian Pacific share owners. Early book betting says that insurgent hedge fund Pershing Square…
Smith, in battered racecar, posts best finish to date
Following the finish of the May 12 Bojangles Southern 500 at Darlington Raceway, Regan Smith’s no. 78 Furniture Row Racing/CSX Play It Safe Chevrolet looked like it had been sideswiped…
NS creates "Protect the Line" security program
Norfolk Southern is inviting "everyone with a stake in rail operations—communities, businesses, and informed observers such as rail fans"—to join its new online security program, "Protect the Line."
Amtrak restores Chicago-Michigan speeds
Amtrak said Friday schedules for its Wolverine Service and Blue Water passengers had been restored to normal, following extensive and expeditious trackwork along much of the route by landlord Norfolk…
PTC ruling will save "hundreds of millions"
Transportation Secretary Ray LaHood announced Thursday major changes to regulations governing the installation of positive train control.
Moorman “optimistic” on traffic prospects
Norfolk Southern CEO Wick Moorman told stockholders at the company's 30th annual meeting in Williamsburg, Va., Thursday that he is “confident, optimistic, and enthusiastic about our future business prospects.”
U.S. freight trends continue, both up and down
In line with much of 2012, U.S. freight carload traffic for the week ending May 5, 2012 failed to keep pace with 2011 levels, down 2% measured against the comparable…
Hammond Awards honor UP, South Buffalo Railway employees
In conjunction with bestowing the Harriman Awards for corporate rail safety on Tuesday in Washington, D.C., industry leaders also took time to honor individual employees notching significant safety achievements, who…
Schneider National extends BNSF Railway pact
Green Bay, Wis.-based Schneider National, Inc., on Wednesday said it has signed a new, multiyear agreement with BNSF, under which the Class I railroad will continue to serve as one…
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