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Cold Train owner sued for loan default
Farmington Hills, Mich.-based Federated Railways, Inc. owner Louis Ferris, in a statement released Friday, Jan. 16, 2015 said he has filed a lawsuit against Michael Lerner, the owner of Rail…
BNSF outlines $6 billion capex plan
BNSF on Jan. 15, 2015 announced details about the major capital projects it plans to complete in 2015 to maintain and grow its rail network.
Norfolk Southern’s Don Seale to retire
Donald W. Seale, Executive Vice President and Chief Marketing Officer of Norfolk Southern Corp., has announced his plan to retire effective March 1, 2015.
MARS Winter Meeting highlights growth, service improvements
Based on the generally positive atmosphere at the 2015 Midwest Association of Rail Shippers (MARS) Winter Meeting in Oak Brook, Ill., railroad/customer relationships are improving as capacity and service quality…
Growth expectations lower but still robust, rail shipper survey says
Cowen and Company’s Fourth Quarter 2014 Rail Shipper Survey “suggests that the potential negative impacts on rail pricing power from the deceleration in crude shipment growth and suboptimal service have…
Sarah Feinberg picked to head FRA
Sarah Feinberg, chief of staff for Secretary of Transportation Andrew Foxx, has been chosen to become Acting Federal Railroad Administrator, according to a Reuters report of an email sent by…
Rail bottleneck relief sought for Connell, Wash.
Washington State legislators and city administrators hope to obtain federal funding to reconfigure and improve a 100-year-old railroad interchange at Connell, Wash., to relieve a bottleneck in the movement of…
Video highlights: Railroader of the Year Hunter Harrison
Canadian Pacific Chief Executive Officer Hunter Harrison, Railway Age’s 2015 Railroader of the Year, speaks candidly with Editor-in-Chief William C. Vantuono in a wide-ranging interview conducted for the magazine’s January…
NS facilitates $5.7 billion in 2014 industrial investment
Norfolk Southern assisted 94 industries in locating or expanding their businesses along its rail lines in 2014. The 72 new and 22 expanded industries “represent an investment of $5.7 billion…
CP Holiday Train generates $1.1 million and 300,000 pounds of food
Canadian Pacific’s 2014 Holiday Train program saw more than C$1.1 million raised and 300,000 pounds of food donated to North American food banks and food shelves.
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