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Wabtec: Strong 2015, promising 2016
Wabtec Corporation on Feb. 18, 2016 reported record results for fourth-quarter 2015, as higher sales in the company’s Freight Group more than offset lower sales in the Transit Group, which…
Guest Editorial: It’s time for Carload Version 2.0
As the rail industry suffers through the 2015-2016 winter of its discontent, it is becoming clearer with each passing week that as an industry we are entering uncharted territory. Former…
Rittenbaum, Tekorius ascend at Greenbrier
The Greenbrier Companies, Inc. has promoted two senior-level executives to new positions. CFO Mark J. Rittenbaum, has been promoted to the newly created position of Executive Vice President, Commercial, Leasing…
Gil Carmichael, 1927 – 2016
Gilbert Ellzey “Gil” Carmichael, former Federal Railroad Administrator, and founder of the Intermodal Transportation Institute at the University of Denver, died Jan. 31, 2016 at Anderson Regional Medical Center in…
For CN, strong, solid financials in a tough year
Despite decreases in carloadings and revenue ton-miles, CN on Jan. 26, 2015 posted solid financials for fourth-quarter and full-year 2015. Significant in its results are record free cash flow and…
CN Milton Logistics Hub moving along
CN’s program to build its new, C$250 million Milton Logistics Hub in Ontario is moving ahead with a formal application to the Canadian Transportation Agency (CTA), which is required to…
Cando Rail Services expanding into B.C.
Brandon, Manitoba-based Cando Rail Services is expanding into British Columbia with the recent purchase of an 89-acre site in Kamloops for a new terminal. The terminal will have the capacity…
Railroader of the Year: CARL ICE
BNSF’s President and CEO leads a railroad that continuously sets high standards for investment, service quality, profitability and safety. Following is the complete interview, as published in the January issue…
Jason Seidl: "Confidence improves slightly but remains weak"
The results from Cowen and Company’s Fourth Quarter 2015 Rail Shipper Survey “continue to show demand weakness, a lack of confidence in the economy and that further truckload rate deterioration…
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.
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