Class I

The Teamsters Canada Rail Conference-Running Trades (TCRC-RT), the union representing more than 3,000 active Canadian Pacific locomotive engineers and conductors at CP, has provided official notice of its intent to…
Forty-four-year career railroader Robert VanderClute, who recently retired as Association of American Railroads Senior Vice President of Safety & Operations, has joined the board of OnTrackNorthAmerica, a non-profit organization “committed…
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.…
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 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.
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…
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…
“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…
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…
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…
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…
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…
Union Pacific’s 2014 employee safety performance, a 0.98 reportable injury rate, was the best in the railroad’s history, surpassing the previous record established in 2012, and an 11% reduction from…
Norfolk Southern posted record financial results for the fourth quarter of 2014 and for the entire year, and dropped its operating ratio to below 70%. The railroad also announced a…
Kansas City Southern on Friday, Jan. 23, 2015, said it had achieved record revenue results for both its fourth quarter and full year, as earnings per share exceeded Wall Street…
Total cumulative U.S. weekly rail traffic for the week ending Jan. 17, 2015 slipped 1% measured against the comparable week in 2015, the Association of American Railroads reported Wednesday, Jan.…
Union Pacific said Thursday, Jan. 22, 2015 its fourth-quarter net earnings totaled $1.41 billion, or $1.61 per share, handily beating Wall Street consensus analyst expectations of $1.51 per share.
Canadian Pacific early Thursday, Jan. 22, 2015, announced record net income of C$451 million, of C$2.63 per diluted share, up 10% from the fourth quarter of 2013 and aiding the…
Figures released by the Surface Transportation Board Wednesday, Jan. 21, 2015, show total Class I railroad employment as of mid-December 2014 rose 4.93% to 170,841, from mid-December 2013, and also…
Now a two-time recipient of the industry's most prestigious award, this giant of railroading tackles the questions, where are we going, and how are we going to get there?
5
Page 5 of 108