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From branch line to blockbuster, the Indiana Rail Road story is largely that of one man's visionary leadership: Founder and chief executive Thomas G. Hoback.
Mechanical Rubber Products buys Prestige Rubber
Warwick, N.Y.-based Mechanical Rubber Products Co. announced Monday, March 9, 2015 it has acquired Prestige Rubber Manufacturing Co., based in Fairfield, N.J.
NS names Squires CEO, succeeding Moorman
Norfolk Southern has named James Squires chief executive officer, succeeding Wick Moorman. The action by the company's board of directors is part of its planned succession process and will be…
PTC relief on the way?
The U.S. railroad industry has been scrambling since 2008 to meet the requirements of an unfunded federal government mandate—namely, having Positive Train Control installed and fully operational by Dec. 31,…
Supreme Court sends tax dispute back home to Alabama
In a case involving CSX Transportation, the United States Supreme Court ruled Wednesday, March 4, 2015 that the State of Alabama should be given the chance to justify a fuel…
Harsco acquires Protran Technology
Harsco Corp. announced Monday, March 2, 2015 that it has acquired Newton, N.J.-based Protran Technology, providing design and production of safety systems for transportation and industrial applications. Terms of the…
Bombardier makes fiscal, personnel moves
Bombardier said Thursday, Feb. 19, 2015 that it will raise C$750 million (about US$600 million) through the sale of 339.4 million subscription receipts to a syndicate of underwriters, in order…
Ottensmeyer appointed KCS president
Kansas City Southern Executive Vice President and Chief Marketing Officer Patrick J. Ottensmeyer has been appointed President, effective March 1, 2015, as part of the railroad’s succession planning process.
Unifor threatening to strike CN
Unifor, the largest union at CN, with more than 4,800 members (mechanics, clerical workers, excavator operators, locomotive engineers, and truck drivers) covered by six collective agreements, said on Feb. 19,…
CN to Unifor: We won’t fill your political trough
CN said on Feb. 18, 2015 that the Unifor union, which represents approximately 4,800 CN employees in mechanical, intermodal, clerical and other areas in Canada, “continues to reject a fair…
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