Management

Canadian Pacific, still in hot pursuit of Norfolk Southern, has filed a petition with the Surface Transportation Board seeking an expedited declaratory order for a proposed voting trust “confirming the…
The chasing by suitor Canadian Pacific of grand dame Norfolk Southern has reintroduced to the railroad chattering classes the nebulous term “public interest,” used often and broadly when mergers and…
Aided by a labor dispute at West Coast ports last year that impacted volume, intermodal traffic experienced a spike of nearly 13% in February 2016, compared to the prior-year period,…
Norfolk Southern’s 22-state eastern U.S. network consists of 10 operating divisions spread across three larger operating regions—Eastern, Western, and Northern. Effective March 15, 2016, the three regions will transform into…
According to an analysis conducted by Sandy Fielden of RBN Energy LLC, based on current demand, rail load capacity for crude by rail (CBR) in Western Canada is “vastly overbuilt…
The Greenbrier Companies, Inc. announced Feb. 26, 2016 that William Glenn, Senior Vice President and Chief Commercial Officer has decided to pursue opportunities outside the company. Effective immediately, Glenn is…
The Federal Railroad Administration on Feb. 26, 2016 launched a new tool on its website that allows states and municipalities to request inspection reports for railroad bridges in their communities.…
A study released by the University of Calgary Van Horne Institute suggests that it is feasible to build a railway to transport bitumen between Alberta and Alaska.
Kansas City Southern subsidiary Kansas City Southern Railway Company (KCSR) will invest approximately $5.6 million in 2016 in construction and improvement projects on its Shreveport Terminal Subdivision.
Intermodal continues to carry the day for the North American freight railroad industry, registering a gain of nearly 20% for the week ending Feb. 20, 2016, the third consecutive week…
According to the latest Energy Information Administration (EIA) monthly Drilling Productivity Report, crude production from the Niobrara shale region in Colorado and Wyoming, which peaked at 491 Mb/d (million barrels…
Customers served by BNSF Railway invested $1.2 billion in new or expanded facilities in 103 communities and created more than 1,500 jobs across the BNSF rail network in 2015, marking…
Former U.S. Transportation Secretary and Union Pacific Chairman and CEO Andrew Lindsay “Drew” Lewis, Jr. died Feb. 10 in Prescott, Ariz. He was 84.
Canadian Pacific on Tuesday, Feb. 16, 2016 announced it will seek a declaratory order from the U.S. Surface Transportation Board (STB) “confirming the viability of the voting trust structure that…
As the rail industry suffers through the 2015-2016 winter of its discontent, it is becoming clearer with each passing week that as an industry we are entering uncharted territory. Former…
Washington is a rat hole worth watching because, as the politically savvy know, lawmakers and regulators can inflict unexpected, unprovoked and unjustified wounds.
Canadian Pacific on Thursday, Feb. 11, 2016 launched a new website, CPconsolidation.com, purporting the benefits of its proposed acquisition of Norfolk Southern. The website launch came two days after CP…
In what some industry observers believe may be a final attempt—short of a proxy battle—by hedge fund head Bill Ackman at a hostile takeover of Norfolk Southern, Canadian Pacific on…
In comments filed with the Surface Transportation Board’s Ex Parte 726, Notice of Proposed Rulemaking on On-Time Performance under Section 213 of the Passenger Rail Investment and Improvement Act of…
A U.S. Class I railroad has awarded Duos Technologies Group, Inc. a contract for a Vehicle Undercarriage Examiner (vue™) imaging system. The name of the railroad was not disclosed.
14
Page 14 of 87