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CP to NS: “Promptly engage in good faith discussions”
Canadian Pacific on March 9, 2016 filed a preliminary proxy statement with the Securities and Exchange Commission (SEC) that outlines the shareholder resolution to be considered at the upcoming Annual…
BNSF plans $180 million capex for Illinois in 2016
BNSF Railway Company (BNSF) on March 9, 2016 announced that its 2016 capital expenditure program in Illinois will be about $180 million. The largest components of this year’s capital plan…
RBN Energy: Putting the brakes on Bakken crude
Increased pressure on North Dakota crude oil producers is “finally” putting the brakes on Bakken crude production, writes RBN Energy LLC analyst Sandy Fielden in Is It All Over Now?…
Intermodal: Modest gain in first week of March
Intermodal experienced a modest gain of nearly 5% for the week ending March 5, 2016, offsetting an 8% drop in carload traffic compared with the same week in 2015, the…
Say hello to TEDS
The Federal Railroad Administration Office of Research and Development has funded the development of an analytical model for simulating train operations known as the Train Energy and Dynamics Simulator (TEDS).…
CP, City of Vancouver agree to sale of Arbutus Corridor
Canadian Pacific and the City of Vancouver on March 7, 2016 jointly announced that they have agreed to terms for the sale by CP of the Arbutus Corridor to the…
UP: Safest U.S. railroad in 2015
Union Pacific (UP) employees set an all-time reportable personal injury rate record in 2015, improving 11% from 2014 to 0.87, making UP the safest Class I railroad in the United…
CP files with STB for declaratory order
Canadian Pacific, still in hot pursuit of Norfolk Southern, has filed a petition with the Surface Transportation Board seeking an expedited declaratory order for a proposed voting trust “confirming the…
CP+NS and the Humpty Dumpty effect
The chasing by suitor Canadian Pacific of grand dame Norfolk Southern has reintroduced to the railroad chattering classes the nebulous term “public interest,” used often and broadly when mergers and…
Intermodal continues to carry the day
Aided by a labor dispute at West Coast ports last year that impacted volume, intermodal traffic experienced a spike of nearly 13% in February 2016, compared to the prior-year period,…
NS: Three’s a crowd, two makes for a better company
Norfolk Southern’s 22-state eastern U.S. network consists of 10 operating divisions spread across three larger operating regions—Eastern, Western, and Northern. Effective March 15, 2016, the three regions will transform into…
Railinc, LGS Innovations complete cybersecurity risk assessment
LGS Innovations recently announced it has successfully completed a comprehensive cybersecurity risk assessment contract with Railinc Corp., the railroad industry's “most innovative and reliable resource for IT and information services.”…
GFRR deploys Railinc's Interline Settlement System
The Georgia & Florida Railway, LLC (GFRR), an affiliate of OmniTRAX, Inc., “continues to make shipping by rail easy” with the implementation of Railinc’s Interline Settlement System (ISS) in partnership…
KCS elects Garza to Board of Directors
Kansas City Southern announced Feb. 29, 2016 that effective Feb. 26, David F. Garza, age 54, has joined its Board of Directors.
CSX named one of World’s Most Admired Companies
For the sixth consecutive year, CSX Corporation has been named one of FORTUNE’s World’s Most Admired Companies, the company announced Feb. 24, 2016.
Don’t judge a bridge by its color
The Federal Railroad Administration on Feb. 26, 2016 launched a new tool on its website that allows states and municipalities to request inspection reports for railroad bridges in their communities.…
Alberta to Alaska bitumen railway feasible: Study
A study released by the University of Calgary Van Horne Institute suggests that it is feasible to build a railway to transport bitumen between Alberta and Alaska.
KCS Shreveport Terminal set for investment
Kansas City Southern subsidiary Kansas City Southern Railway Company (KCSR) will invest approximately $5.6 million in 2016 in construction and improvement projects on its Shreveport Terminal Subdivision.
For intermodal, another double-digit gain
Intermodal continues to carry the day for the North American freight railroad industry, registering a gain of nearly 20% for the week ending Feb. 20, 2016, the third consecutive week…
OnTrackNorthAmerica, Impact Infrastructure, Inc. form strategic partnership
Nonprofit transportation consultancy OnTrackNorthAmerica (OTNA) has entered a strategic partnership agreement with Impact Infrastructure, Inc. “to bring triple bottom line (financial, environmental, and social) cost-benefit analysis and software to transportation…
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