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Oscar Munoz named CSX President
CSX Corp.'s Board of Directors unanimously has elected Oscar Munoz as the corporation's president, overseeing operations, sales and marketing, human resources, service design, and information technology.
CP CFO Bart Demosky to step down in May
Canadian Pacific Executive Vice President and Chief Financial Officer Bart W. Demosky has decided to leave the company effective May 31, 2015, after a little more than one year in…
Canadian Pacific braces for TCRC strike
The Teamsters Canada Rail Conference-Running Trades (TCRC-RT), the union representing more than 3,000 active Canadian Pacific locomotive engineers and conductors at CP, has provided official notice of its intent to…
Simmons-Boardman Rail Group awarded Railway Interchange 2015 event guide contract and electronic media partnership
Simmons-Boardman Rail Group, which consists of Railway Age, Railway Track & Structures (RT&S), and International Railway Journal (IRJ), has been awarded the event guide contract and emedia partner for Railway…
CN: “Record-setting grain movements”
CN “is continuing its record-setting pace of grain movements and remains fully in sync with the grain supply chain in Western Canada,” President and CEO Claude Mongeau said on Feb.…
UP: Fritz succeeds Koraleski; capex set at $4.3 billion
Lance Fritz has succeeded Jack Koraleski as President and Chief Executive Officer at Union Pacific effective immediately, and was also elected to the railroad’s board of directors. Koraleski is now…
Can Sen. Thune mediate a rail/shipper cease-fire?
Could it be that Republicans in control of Congress might facilitate an end to three decades of productivity sapping legislative fisticuffs between railroads and self-proclaimed captive shippers over an appropriate…
AAR: VanderClute retires; Rush takes up the safety reins
Association of American Railroads Senior Vice President of Safety & Operations Robert VanderClute, a 44-year career railroader, has retired after 12 years with the organization. He is succeeded by Michael…
CP’s Harrison calls Ag Transport Coalition initiative “disingenuous”
Canadian Pacific says it is “appalled” that the Ag Transport Coalition, a government-funded group, “can claim it is trying to enhance ‘the competitiveness of the agricultural supply chain,’ but not…
NS Roanoke offices to close
Norfolk Southern on Jan. 27, 2015 said that it will close its Roanoke office building at 110 Franklin Road SE later in the year and relocate the functions currently housed…
UP employees set safety record
Union Pacific’s 2014 employee safety performance, a 0.98 reportable injury rate, was the best in the railroad’s history, surpassing the previous record established in 2012, and an 11% reduction from…
Record quarter, year for Norfolk Southern
Norfolk Southern posted record financial results for the fourth quarter of 2014 and for the entire year, and dropped its operating ratio to below 70%. The railroad also announced a…
Metra postpones on-board purchase penalty rise
Chicagoland's Metra said Friday, Jan. 23, 2015 it will postpone a plan to increase the penalty for onboard ticket purchases until mobile ticketing capability is activated unveiled later this year.
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…
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