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CP reaches accord with electrical workers
The International Brotherhood of Electrical Workers (IBEW) System Council 11 and Canadian Pacific Thursday said the parties have reached a tentative five-year labor agreement covering approximately 450 employees who maintain…
U.S. freight traffic trends resume familiar mix
U.S. freight rail traffic resumed its 2012 norm during the week ending Nov. 10, 2012—gains intermodal, declines in carload freight—the Association of American Railroads said Thursday. The resumption of a…
KCS’s Haverty receives Syracuse University Salzberg Medallion
Syracuse University’s Whitman School of Management recently presented Kansas City Southern Executive Chairman Mike Haverty with the prestigious Harry E. Salzberg Memorial Program Medallion, which recognizes achievements in supply chain…
CP offers $1 million to hurricane relief fund
Canadian Pacific Wednesday said it will donate US$1 million to assist with Hurricane Sandy relief efforts.
United Steelworkers, CP strike five-year agreement
Canadian Pacific and the United Steelworkers (USW) Local 1976, which represents approximately 800 clerical and intermodal workers, have entered into a five-year agreement effective Jan. 1, 2013. The current contract…
Hurricane’s impact dampens U.S. freight traffic
Data released Nov. 8 by the Association of American Railroads (AAR) showed Hurricane Sandy disrupted U.S. intermodal volume's winning streak during the week ending Nov. 3, 2012. The hurricane also…
FRA reports new rail safety gains
The Federal Railroad Administration's preliminary safety report for the period January-August 2012 shows continued safety gains in key areas of freight railroading.
BNSF surge beefs up Berkshire earnings
Omaha, Neb.-based Berkshire Hathaway, Inc. continues to reap handsome returns from its purchase of BNSF Railway. Berkshire late Monday announced that total third-quarter revenue grew 22% year-over-year to $41.1 billion,…
BNSF's Lanigan to retire, railroad names three VPs
BNSF named Steve Bobb executive vice president and chief marketing officer, with responsibility for BNSF's sales, marketing, customer service, economic development and business unit activities. He succeeds John Lanigan, who…
U.S. traffic tanks, but intermodal remains up
October's final week was not a busy one for U.S. railroads. The Association of American Railroads report for the week ending October 27, 2012, shows U.S. railroads originating 287,104 carloads,…
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