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RSI Scholarship deadline one month away
The Railway Supply Institute (RSI) said Monday, May 5, 2014 that its RSI scholarship program deadline is May 31.
Gary Colter named new CP chairman
Canadian Pacific Railway announced Thursday, May 1, 2014, the election of Gary F. Colter as chairman of the company's Board of Directors.
Prendergast fires Williams as LIRR president
Long Island Rail Road President Helena Williams is the latest casualty in a series of sweeping changes New York Metropolitan Transportation Authority Chairman Thomas F. Prendergast has been making since…
UTU-SMART, BLET to take two-person crew laws to the state level
As part of their ongoing effort to secure a law mandating a minimum of two crew members in all locomotive cabs, the Brotherhood of Locomotive Engineers and Trainmen (BLET) and…
AAR: North American carloads flat, intermodal up
Combined North American rail volume for the first 16 weeks of 2014 on 13 reporting U.S., Canadian, and Mexican railroads totaled 5,898,862 carloads, flat compared with the same point last…
Basin Transload, BNSF to connect with Tesoro oil facility via new pipeline
Basin Transload LLC, a 60%-owned subsidiary of logistics and marketing company Global Partners LP that transloads crude oil to BNSF, has executed a pipeline connection agreement with Tesoro High Plains…
Class I employment registers modest monthly gain
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-March 2014 rose 0.40%, to 162,968, from the same period in February 2014, and registered…
For Norfolk Southern, a difficult first quarter
Coal volume and revenue that dropped 15% and 13%, respectively, in 2014’s first quarter were largely responsible for Norfolk Southern reporting lower net income and operating revenues and a slightly…
CN toughs out a challenging first quarter
“The winter of a lifetime,” as described by CN President and CEO Claude Mongeau, bumped up CN’s first-quarter 2014 operating expenses and ratio compared to the year-ago quarter, but despite…
For CP, a record first-quarter 2014
With net income of C$254 million or C$1.44 per diluted share, Canadian Pacific has posted “the best first quarter financial results in company history,” Chief Executive Officer E. Hunter Harrison…
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