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CP director steps down from post
Canadian Pacific's Board of Directors, significantly revamped last month through a proxy battler led by New York-based Pershing Square Capital Management, continues to change as David Raisbeck now has resigned…
Schneider National, CSX announce pact
Schneider National, Inc. said Monday it has reached an agreement with CSX Transportation to broaden its services in northwestern Ohio. The agreement expands Schneider's intermodal service to now include two…
U.S. freight traffic back to “mixed” results
Resuming a pattern repeated through much of 2012, U.S. freight carload volume for the week ending June 2, 2012, fell short of the comparable week in 2011, down 3.1%, after…
Rail accidents down sharply in first quarter
The Federal Railroad Administration's Office of Safety Analysis has reported strong safety gains for 726 reporting railroads in this year's first quarter.
Profitability, beyond coal. Imagine
Give Norfolk Southern CEO Wick Moorman due recognition for his courage to be contrarian. Applause from this observer follows.
Moorman: Putting coal in perspective
There's no question about the importance of coal to the railroads. It has recently accounted for 44% of U.S. Class I railroad tonnage, 24.1% of carloads, and 24.2% of revenue. A mild…
NS marks 30 years on the NYSE
On June 2, 1982, newly formed Norfolk Southern Corp., a merger of the Norfolk & Western Railway and the Southern Railway, was listed on the New York Stock Exchange. Present…
Dover: Teamwork, tenacity get Smith back on track
Railroaders and racers have many characteristics in common. Two of them are teamwork and tenacity. When trouble strikes, they rise to the occasion and band together, working safely and efficiently to…
CP names Paul Haggis new chairman
Canadian Pacific Tuesday said it has named Paul Haggis as its new chairman.
Norfolk Southern: At 30, still growing
Norfolk Southern, a railroad that has more than once been characterized as the world's most successful, observes its 30th anniversary June 2 in a position of strength and growth, despite…
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