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CSX posts record 3Q 2014 results
CSX posted record third-quarter 2014 net earnings of $509 million, or $0.51 per share, up from net earnings of $455 million, or $0.45 per share, in the same period last…
What lurks behind the door Hunter Harrison opened?
At age 70, when most of his contemporaries have retired, Canadian Pacific (CP) Chairman Hunter Harrison is plotting his legacy—a seamless North American transcontinental rail duopoly initiated by his proposed…
CSX rejects CP merger proposal
Canadian Pacific has approached CSX about a merger, and CSX has rejected the proposal, according to reports in The Wall Street Journal, New York Times, Toronto’s Globe & Mail, and…
STB requiring weekly Class I service performance reports
The U.S. Surface Transportation Board announced Wednesday, Oct. 8, 2014 that it is requiring all Class I railroads to publicly file weekly data reports regarding service performance “to promote industry-wide…
Railway Interchange 2015 exhibit space available
Booth space reservations are now open for the indoor and outdoor exhibitions at Railway Interchange 2015, the U.S.-based combined exhibition and technical conference taking place Sunday, Oct. 4 through Tuesday,…
Analyst: CP “on to another finish line with sweat and speed”
Canadian Pacific Railway, under the leadership of CEO E. Hunter Harrison, is “raising the bar, again,” according to Cowen & Co. Managing Director and Railway Age Wall Street Contributing Editor Jason…
CP’s Harrison sets 2018 financial goals
At Canadian Pacific’s 2014 Investor Conference, CEO E. Hunter Harrison unveiled new growth targets out to 2018, and “a multi-year strategy to drive superior service and financial profitability, including more…
CSX hosts first-responder CBR training at SERTC
Forty first-responders representing 30 communities around CSX’s railroad network have undergone crude-by-rail (CBR) incident response training at the Security and Emergency Response Training Center (SERTC) in Pueblo, Colo.
Norfolk Southern recognized for carbon disclosure
Norfolk Southern Corp. said Monday, Sept. 29, 2014 it has "earned recognition recently from environmental nonprofit CDP as a marketplace leader in carbon disclosure, reflecting the railroad's broad integration of sustainable business practices…
InnoTrans 2014 touts "major success"
As InnoTrans 2014 drew to a close on Friday, Sept. 26, 2014, show sponsors claimed the event was "the best InnoTrans to date" and hailed the Berlin-based event as a…
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