Management

“Short-term pressure,” in the words of President and CEO Jim Squires, contributed to Norfolk Southern on July 27, 2015 posting second-quarter 2015 financials with significant declines in net income, operating revenues…
The Sunday, July 26, 2015 Brickyard 400 NASCAR Sprint Cup Series race at Indianapolis Motor Speedway will have not one, but two CSX-primary-sponsored Front Row Motorsports Ford Fusions running: The…
Net income of $1.2 billion, compared with 2014 net income of $1.3 billion, combined with an operating revenue decrease of 10% and an operating income down 11%, resulted in a…
Railroads that are revenue adequate and earn their cost of capital should not be punished by capping their shipping rates, which would discourage the substantial and mostly private investment in…
Testifying at a  July 22, 2015 Surface Transportation Board hearing on railroad revenue adequacy, the Association of American Railroads, executives from its member railroads and economic experts urged federal regulators…
Canadian Pacific Railway on July 21, 2015 posted its highest-ever net income and lowest-ever operating ratio for a second quarter.
Net income of C$866 million, compared with net income of C$847 million in second-quarter 2014, combined with an operating income increase of 8% and a record-low quarterly operating ratio of…
A revenue decline in all but one commodity group, including a precipitous drop in energy revenue, resulted in a difficult second-quarter 2105 for Kansas City Southern, the railroad reported on…
Kansas City Southern has named Brian D. Hancock, a veteran supply chain executive with experience in home appliances, trucking, fast food and discount consumer products, as Executive Vice President and…
With quarterly operating income of more than $1 billion, an operating ratio of 66.8%, and net earnings of $553 million, CSX posted record financial results for the second quarter of…
The American Association of Railroad Superintendents (AARS) has announced a call for applications for the Michigan State University Railway Management Certificate Course Scholarship sponsored by Progress Rail Services.
Tools and techniques both new and old help railroads cope with weather extremes.
In preparing for the upcoming harvest and continuing to look for ways to innovate and develop new approaches to doing business, Canadian National Railway Company (CN) has introduced a new…
Stephen C. Tobias resigned from the Board of Directors of Canadian Pacific Railway Limited and Canadian Pacific Railway Company for personal reasons on June 30, 2015, the company announced.
Parsons has hired David Nichols, former Director of the Missouri Department of Transportation (MoDOT), as Vice President, Transportation Program Director, the company announced on July1, 2015. He will serve as…
U.S. Senators Maria Cantwell (D-Wash.), Cory Booker (N-N.J.), Patty Murray (D-Wash.) and Ed Markey (D-Mass.) introduced on June 25, 2015, a proposal creating a national multimodal freight policy and investment…
The Canadian Association of Railway Suppliers (CARS) has announced the election of Paul Brum, Gord Strilchuk and Scott Diercks to its Board of Directors.
Parsons Brinckerhoff has appointed Philip Stephens as a senior principal technical specialist in the Chicago office, the company announced June 25, 2015.
Scott Brace, who has served as president of RailWorks Track Systems, Inc., for the past five years, has retired.
Railway Age was in Chicago June 17-18 at the Millennium Knickerbocker Hotel for its first-annual Rail Insights conference, structured as a series of conversations with industry leaders who, with Railway…
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