Class I

Norfolk Southern announced Friday that Timothy J. Drake, vice president engineering, will retire Oct. 31 and will be succeeded by Michael J. Wheeler, formerly vice president transportation. Succeeding Wheeler will be Terry N.…
For the week ending Oct. 20, 2012, a key difference in the continuing slump in U.S. freight carload traffic is the number of commodity groups affected, according to data released…
Canadian Pacific Railway Ltd. Wednesday reported third-quarter earnings of C$224 million (US$226 million), or C$1.30 per diluted share, up 20% from C$187 million, or C$1.10 a share, it notched in…
Norfolk Southern Tuesday afternoon reported net income of $402 million, or $1.24 per diluted share, down 27% compared with $554 million, or $1.59 per diluted share, in the third quarter…
CSX Chairman, President, and Chief Executive Officer Michael J. Ward Tuesday joined federal, state, and local officials from Pennsylvania to mark the midway point of progress on the first phase…
Australian railroad QR National Ltd. (QRN) has appointed two new senior executives to the company's management team, both with extensive experience in the North American railway industry.
Canadian National Monday afternoon reported third-quarter net income of C$664 million (US$669 million), or C$1.52 per diluted share, up modestly from C$659 million, or C$1.46 per diluted share, in the…
Steam locomotive No. 844 is on the final leg of the UP 150 Express tour to Houston's Amtrak Station for the October 26-28 commemoration to President Abraham Lincoln's signing of the Act…
The death recently of A. E. (Ted) Michon reminded me just how difficult transitions can be for those who must go through them.
Figures released by the Surface Transportation Board Friday show Class I railroads employed 160,428 people in mid-September, up a modest 0.12% from September 2011, but down 1.39% (95 employees) from…
Despite record revenue for the third quarter, Kansas City Southern earnings of $90 million, or 82 cents per share, fell from $99.8 million, or 91 cents per share, in the…
CN and Tundra Energy Marketing Ltd., which handles crude oil on behalf of producers in the Williston Basin, including parent company Tundra Oil & Gas Partnership, have signed a memorandum…
U.S. freight carload traffic for the week ending Oct. 13, 2012 remained unable to surmount 2011 levels, down 6.1% when measured against the comparable week one year ago, the Association…
Alfred E. Michon, president of four regional railroads who also worked with both Burlington Northern (now BNSF) and Union Pacific, died Oct. 9 at age 75.
Union Pacific early Thursday reported third-quarter earnings of $1 billion, or $2.19 per diluted share, up from $904 million, or $1.85 per diluted share, in the comparable period in 2011…
Maryland's Board of Public Works has awarded Bombardier Transportation a six-year, $204.7 million contract to operate MARC's Camden and Brunswick passenger rail lines. A five-year renewal option worth $205 million…
The Surface Transportation Board announced Wednesday its determination that two of the five major U. S. freight railroads, Norfolk Southern and Union Pacific, were "revenue adequate" in 2011. This means that their…
Norfolk Southern CEO Wick Moorman and Alabama Gov. Robert Bentley joined federal, state, and local officials and business leaders Wednesday in McCalla, Ala., to mark the opening of the Birmingham…
In a move long anticipated by many rail industry observers, Canadian Pacific Wednesday announced the senior operations team who will lead the execution of the new service plans under CP…
CSX Corp. Tuesday reported third-quarter net earnings of $455 million, down 2% from the $464 million in the third quarter of 2011. But earnings per share were up 2% year-over-year…
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