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CN submits Milton Logistics Hub EIS
CN on Jan. 7, 2016 submitted its Environmental Impact Statement (EIS) to the Canadian Environmental Assessment Agency (CEAA) for its proposed logistics hub/intermodal facility to be built in Milton, Ontario.
Railway Age announces winners of inaugural Fast Trackers contest
After nearly three months and 57 entries later, Railway Age editors, along with judges Nick Little, Managing Director of Michigan State University’s Railway Management Program and Ronald L. Batory, President…
BNSF’S CARL R. ICE NAMED RAILROADER OF THE YEAR
January 7, 2016: Carl R. Ice, President and Chief Executive Officer of BNSF Railway, has been named 2016 Railroader of the Year by railroad industry trade journal Railway Age. Ice…
AAR: Energy, manufacturing weakness negatively impacted rail traffic in 2015
In reporting rail traffic for all of 2015, Association of American Railroads (AAR) Senior Vice President John T. Gray said, “Weaknesses in energy and manufacturing, as well as, world economic…
CN files shelf prospectus for C$6 billion of debt securities
Canadian National Railway (CN) filed on Jan. 5, 2016 a final shelf prospectus with Canadian securities regulators and a registration statement with the United States Securities and Exchange Commission (SEC),…
Show us the letters, STB
On January 5, 2016, Reuters published a story containing excerpts of letters reportedly sent to the Surface Transportation Board by industry groups representing several major Norfolk Southern freight customers. The…
Leaked letters to STB indicate shipper concerns over CP+NS
Reuters, which originally broke the story late last year about Canadian Pacific’s targeting of Norfolk Southern for acquisition before CP officially announced it, has published excerpts of several letters to…
KCS releases annual ‘state of the railroad’ report
In its 2015 state of the railroad report, released to employees on Jan. 4, 2015, Kansas City Southern (KCS) said the company will see many of the same challenges in…
CP Holiday Train benefits nearly half a million
The 17th year of the Canadian Pacific Holiday Train program “saw tremendous crowds, generous donations and big smiles as it etched its way across Canada and the northern U.S.,” according…
Centrist approach may quiet STB debate
The critical takeaway from enactment in December of the Surface Transportation Board Reauthorization Act, S.808, is that, absent headline-capturing abuse of captive shippers by railroads, it is unlikely Congress will…
Jason Seidl: "A tepid macroeconomic climate"
Citing a “tepid macroeconomic climate that is impacting all freight transport providers, including truckers,” Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl is lowering…
Compromised coal loadings lead week 51 carload crash
The Association of American Railroads, in reporting rail traffic for the week ending Dec. 26, 2015 (week 51), noted that total U.S. weekly rail traffic was 391,107 carloads and intermodal…
Jason Seidl: Guess who came to dinner
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl reports on a recent dinner conversation with “a large private shipper” that focused on the proposed…
AAR: Rail traffic continues to drop
For the week ending Dec. 19, 2015, total U.S. rail traffic was 525, 555 carloads and intermodal units, down 9.5% compared with the same week in 2014, the Association of…
NS says "no" for the third time; CP "will review strategic alternatives"
Norfolk Southern on Dec. 23, 2015 rejected Canadian Pacific’s third and most recent proposal to acquire NS. CP on Dec. 16 offered $32.86 in cash, a fixed exchange ratio of…
CN campaign raises C$1.8 million for charities
Canadian National Railway (CN) announced Dec. 17, 2015 that the 2016 CN Employees' and Pensioners' Community Fund (the Fund) campaign raised a record C$1,857,920 for charities across Canada.
Shades of Scrooge, Marley's Ghost and The Grinch?
Santa Claus doesn’t rest on Christmas Eve. Neither, apparently, does Canadian Pacific. Santa does rest on Christmas Day, but the Class I railroad whose headquarters is, of all its contemporaries…
RailComm buttons up Mississippi yard
RailComm has completed installation of a remote control system for 19 switch machines at the north end of a Class I yard in Jackson, Miss.
Harrison to Durbin, et al: “There appear to be some misconceptions”
As Canadian Pacific continues to pursue a merger with Norfolk Southern, CP CEO Hunter Harrison sent a response to the members of the Illinois Congressional delegation (all Democrats) who sent…
1,500 first responders along CN network sign up for new mobile app
Canadian National Railway (CN) announced Dec. 18, 2015 that more than 1,500 first responders along its rail network have downloaded the AskRail mobile app to access real-time information about the…
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