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Midyear Report: Why investors turn to rail
Union Pacific’s record $3.7 billion in capital expenditures in 2012 returned quick dividends, and resulted in the 151-year-old railroad’s best year for its investors.
CSX embarks on a July 4 track blitz
CSX m/w employees on July 1 kicked off an eight-day maintenance “jamboree” or “blitz” designed to complete work that would normally take 18 weeks under traffic. The accelerated timeline is…
RRV&W reaches one million carloads
On June 22, the Red River Valley & Western Railroad Company, after 26 years in business, moved its one-millionth carload. The celebratory shipment was 110 tons of corn destined for…
AAR to Congress: Freight rail strong and flexible—and the backbone of passenger rail
In two days of testimony before two separate U.S. House of Representatives transportation panels, Association of American Railroads President and CEO Edward R. Hamberger emphasized that “billions in annual privately…
Foxx confirmed as new DOT Secretary
The Senate unanimously confirmed former Charlotte, N.C. Mayor Anthony Foxx as the new Secretary of Transportation Thursday, June 27, 2013, succeeding Ray LaHood.
For CP, a rapid recovery from Alberta floods
Canadian Pacific said Monday, June 24 that its main line west of Calgary through the Banff-Canmore region of Alberta is now open after operations crews successfully restored segments impacted by…
BNSF’s Johnson succeeds CP’s McFarlane in U.S.
Robert Johnson, who has spent 32 years with BNSF Railway and its predecessors, most recently as General Manager-Northwest Division, has been appointed Canadian Pacific Railway’s Vice President U.S. Operations. He…
MARS sets summer conference agenda
The energy and housing markets will be two areas of focus at the upcoming MARS (Midwest Association of Rail Shippers) Annual Summer Meeting July 8-9 at the Grand Geneva Resort…
Obituary: Isabel H. Benham, 103
Isabel Hamilton Benham, who died May 18, 2013, at the age of 103, was a formidable and influential presence in railroad affairs on Wall Street for much of the 20th Century. She…
Union pickets Amtrak Board chairman’s law office
Amtrak Board Chairman Anthony Coscia's New Brunswick, N.J., law office was targeted Tuesday morning, June 4, 2013, by the Passenger Rail Labor Bargaining Coalition (PRLBC), representing Amtrak employees who PRLBC…
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