Management

This is about the Long Island Rail Road. It’s about a dispute over wages and benefits. It’s about politics that have a stereotypically anti-labor House Republican majority poised to line…
TransCanada Corp., whose Keystone XL pipeline project has been stalled by politically related delays, is in discussions with customers about shipping Canadian crude to the U.S. by rail as an…
New York's Metropolitan Transportation Authority (MTA) is signaling its willingness to endure a strike by Long Island Rail Road employees, following a non-binding Presidential Emergency Board (PEB) decision seemingly favoring…
Engineers employed by SEPTA's regional rail operations plan to vote on authorizing a strike against the five-county authority, the national office of the Brotherhood of Locomotive Engineers and Trainmen said…
Wabtec Corp. has named Albert J. Neupaver Executive Chairman and promoted Raymond T. Betler to President and CEO, effective May 14, 2014. Betler was also appointed to the Wabtec Board…
Strategic business plans aligned with a strategic technology plan can provide more-effective interchange data and traffic control processes.
Kansas City Southern appears to have become the target of shareholder class action, including from a law firm claiming the Class I railroad "and certain of its executive officers made…
If recent reports published by Railway Age and others regarding BNSF's clogged network have managed to discourage any shipper or industry-related investor, I have news that might brighten their outlook.
Canadian Pacific Railway said Wednesday, May 7, 2014, it had agreed to a contract extension with CEO E. Hunter Harrison, adding a year to his term, which will now run…
The Railway Supply Institute (RSI) said Monday, May 5, 2014 that its RSI scholarship program deadline is May 31.
Canadian Pacific Railway announced Thursday, May 1, 2014, the election of Gary F. Colter as chairman of the company's Board of Directors.
Long Island Rail Road President Helena Williams is the latest casualty in a series of sweeping changes New York Metropolitan Transportation Authority Chairman Thomas F. Prendergast has been making since…
As part of their ongoing effort to secure a law mandating a minimum of two crew members in all locomotive cabs, the Brotherhood of Locomotive Engineers and Trainmen (BLET) and…
Combined North American rail volume for the first 16 weeks of 2014 on 13 reporting U.S., Canadian, and Mexican railroads totaled 5,898,862 carloads, flat compared with the same point last…
Basin Transload LLC, a 60%-owned subsidiary of logistics and marketing company Global Partners LP that transloads crude oil to BNSF, has executed a pipeline connection agreement with Tesoro High Plains…
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-March 2014 rose 0.40%, to 162,968, from the same period in February 2014, and registered…
Coal volume and revenue that dropped 15% and 13%, respectively, in 2014’s first quarter were largely responsible for Norfolk Southern reporting lower net income and operating revenues and a slightly…
“The winter of a lifetime,” as described by CN President and CEO Claude Mongeau, bumped up CN’s first-quarter 2014 operating expenses and ratio compared to the year-ago quarter, but despite…
With net income of C$254 million or C$1.44 per diluted share, Canadian Pacific has posted “the best first quarter financial results in company history,” Chief Executive Officer E. Hunter Harrison…
Union Pacific on April 17, 2014 reported 2014 first quarter net income of $1.1 billion, or $2.38 per diluted share, compared to $957 million, or $2.03 per diluted share, in first-quarter…
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