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What lurks behind the door Hunter Harrison opened?
At age 70, when most of his contemporaries have retired, Canadian Pacific (CP) Chairman Hunter Harrison is plotting his legacy—a seamless North American transcontinental rail duopoly initiated by his proposed…
CSX rejects CP merger proposal
Canadian Pacific has approached CSX about a merger, and CSX has rejected the proposal, according to reports in The Wall Street Journal, New York Times, Toronto’s Globe & Mail, and…
Sen. Durbin emerging as STB chairman's nemesis
"Tawdry," is how one Washington transportation attorney describes the self-interest assaults by powerful congressional lawmakers on federal regulatory agency officials.
U.S. freight traffic powers into October
U.S. freight traffic continued to notch gains during the week ending Oct. 4, 2014, the Association of American Railroads reported Thursday, Oct. 9.
AIG expands liability limits to $1 billion
American International Group, Inc. (AIG) has expanded excess casualty liability limits for Class I railroads in the U.S. and Canada to $1 billion per occurrence.
STB requiring weekly Class I service performance reports
The U.S. Surface Transportation Board announced Wednesday, Oct. 8, 2014 that it is requiring all Class I railroads to publicly file weekly data reports regarding service performance “to promote industry-wide…
No injuries reported in Saskatchewan derailment
Canadian officials reported no injuries Wednesday morning, Oct. 8, 2014, in the aftermath of a CN train derailment occurring Tuesday near Wadena, Saskatchewan that generated smoke and some fears of…
Analyst: CP “on to another finish line with sweat and speed”
Canadian Pacific Railway, under the leadership of CEO E. Hunter Harrison, is “raising the bar, again,” according to Cowen & Co. Managing Director and Railway Age Wall Street Contributing Editor Jason…
AAR: September ends with U.S. freight traffic up
U.S. freight traffic finished the last full week of the month ending Sept. 27, 2014 the same way it ploughed through the full month itself, with gains, the Association of…
CP’s Harrison sets 2018 financial goals
At Canadian Pacific’s 2014 Investor Conference, CEO E. Hunter Harrison unveiled new growth targets out to 2018, and “a multi-year strategy to drive superior service and financial profitability, including more…
AAR comments to PHMSA stress efficiency as well as safety
The Association of American Railroads on Sept. 30, 2014 submitted its comments on the U.S. Department of Transportation-Pipeline and Hazardous Material Safety Administration (PHMSA) NPRM (Notice of Proposed Rulemaking) on…
CSX hosts first-responder CBR training at SERTC
Forty first-responders representing 30 communities around CSX’s railroad network have undergone crude-by-rail (CBR) incident response training at the Security and Emergency Response Training Center (SERTC) in Pueblo, Colo.
Norfolk Southern recognized for carbon disclosure
Norfolk Southern Corp. said Monday, Sept. 29, 2014 it has "earned recognition recently from environmental nonprofit CDP as a marketplace leader in carbon disclosure, reflecting the railroad's broad integration of sustainable business practices…
Record intermodal paces U.S. freight gains
U.S. freight rail traffic for the week ending Sept. 20, 2014 kept rising from levels of a year ago, the Association of American Railroads reported Thursday, Sept. 25. As per the…
STB awards contract for rate regulation options
The Surface Transportation Board said it has awarded a contract to InterVISTAS Consulting LLC (InterVISTAS) "to conduct an independent analysis that evaluates potential alternative rate regulation approaches, with the goal…
For FEC, intermodal expansion
Florida East Coast Railway (FECR) is increasing its intermodal capacity by adding new equipment, and is expanding its services to include intermodal transportation between Charlotte, N.C., and a number of…
CN hails 11 firms as sustainability leaders
Canadian National on Friday, Sept. 19, 2014 recognized 11 of its intermodal customers "for their sustainability practices that are aligned with the objectives of the CN EcoConnexions program."
Record intermodal powers U.S. freight gains
U.S. freight traffic categories continued to grain ground in the week ending September 13, 2014, the Association of American Railroads reported Thursday, Sept. 18, boosted by record-breaking intermodal activity.
Class I employment grows during August
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-August 2014 rose 2.8% to 167, 988, from mid-August 2013, and also added 850 positions…
AAR: Senate STB bill would harm rail investment
The Association of American Railroads (AAR) said Tuesday, Sept. 16, 2014 it is concerned "over the Surface Transportation Board (STB) Reauthorization Bill (S.2777), scheduled to be marked up in the…
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