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Sydney, Australia, to scrap monorail for LRT
New South Wales government officials in Australia have announced that the state has acquired Metro Transport Sydney (MTS), the company that owns monorail and light rail operations, in an A$19.8…
GM names UP Rail Services Supplier of the Year
General Motors has named Union Pacific its 2011 Supplier of the Year for Rail Services.
Genesee & Wyoming February traffic slips
Genesee & Wyoming has reported a decline of 0.6% to 72,245 carloads, traffic volume for February. GWI's traffic in the first quarter of 2012 through February was 145,132 carloads, a decrease or…
Invensys Rail, Lilee form PTC partnership
Louisville, Ky.-based Invensys Rail Corp. said Tuesday it and Lilee Systems have joined forces to bring a new Wayside Messaging Server (WMS) to Positive Train Control (PTC) applications across North…
CREATE clears a way through Chicago
Is it logical to give a federal “high speed” grant to a snarled inner-city network where trains move at a crawl when they move at all? It makes more sense…
Railway Age names 2012 Short Line of the Year, 2012 Regional Railroad of the year
Railway Age magazine has named Vermont Railway the 2012 Short Line Railroad of the Year, and the Indiana Rail Road Co. its 2012 Regional Railroad of the Year. The awards…
Maersk Line, BNSF team for “Flagship Service”
Madison, N.J.-based Maersk Line announced on Monday its new "Flagship import service direct from Asia to five key markets in North America—Chicago, Dallas-Fort Worth, Houston, Memphis, and northwest Ohio"—in conjunction…
UP CEO Jim Young to take medical leave
Union Pacific announced Friday that James R. Young , its chairman, president, and CEO, will take a medical leave of absence from his responsibilities as president and CEO while he is being…
Metals shippers honor Union Pacific
Union Pacific has been named Logistics/Transportation Provider of the Year at the 2012 American Metals Market (AMM) Steel Tube and Pipe Conference.
Buffett praises Matt Rose leadership
If 81-year-old Warren Buffett has a short list of candidates to succeed him as head of Berkshire Hathaway, he did not directly allude to it in his annual message to shareholders, released…
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