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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…
Grain shippers: UP “top-performing” railroad
For the second year in a row, Union Pacific was selected as the top performing railroad by leading U.S. agricultural shippers in the third annual Soy Transportation Coalition (STC) Railroad…
CP trains resume rolling
Canadian Pacific operations throughout Canada resumed at roughly 7:00 a.m. Friday morning (Eastern Time), CP spokesman Ed Greenberg told Railway Age.
Senator proposes DOT "freight initiative"
U.S. Sen. Maria Cantwell (D-Wash.) on Thursday asked Transportation Secretary Ray LaHood to launch a "high-level and coordinated multimodal freight initiative at the U.S. Department of Transportation to improve the management of…
U.S. freight carload traffic, intermodal both gain
In a welcome departure from past weeks, U.S. freight carload traffic for the week ending May 26, 2012 notched an increase, up 1.3% measured against the comparable week in 2011,…
UP unit wins Chrysler Partnership award
Chrysler presented its 2011 Partnership Award to Union Pacific Distribution Services at the annual Chrysler Carrier Conference in Auburn Hills, Mich.
CP urges Teamsters to renew negotiations
Canadian Pacific on Tuesday again asked the Teamsters Canada Rail Conference to let striking workers return to their jobs "and stop the damage the union is unnecessarily causing to CP customers' businesses…
CN train dispatchers ratify agreement
Canadian National announced Monday that members of the Teamsters Canada Rail Conference-Rail Canada Traffic Controllers (TCRC-RCTC) have ratified a three-year labor agreement covering 210 train dispatchers in Canada.
AAR: Carload traffic slumps; intermodal still stars
U.S. freight carload traffic for the week ending May 19, 2012 was down 5.0% measured against the comparable week in 2011, the Association of American Railroads said Thursday, continuing a…
CN: "EcoConnexions From the Ground Up"
Canadian National has launched a program, "EcoConnexions From the Ground Up," to encourage "tree planting and other greening programs in communities across its network, with a particular emphasis on properties adjacent to…
Canadian Pacific hit by strike
Canadian Pacific began Wednesday suffering a strike delivered by Teamsters Canada.
Maintenance workers pace April rail employment gains
Led by increases in rail maintenance of way and structures employees, U.S. Class I railroads employed 161,876 workers in mid-April, up 3.25% from April 2011 and also up 0.84 from…
CP turnaround: How soon, how strong?
Now that Canadian Pacific Railway is under new management, how soon can shareholders expect to reap the rewards promised hedge fund investor William Ackman during a long proxy fight?
Wall Street rewards CP stock
Investors on Wall Street, watching events at Canadian Pacific carefully throughout the week, continued to reward the company Thursday for its apparent—and now affirmed—shakeup of CP's Board of Directors.
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