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Rail stocks slide following KCS outlook downgrade
Railroad stocks slid precipitously on Monday, March 23, 2015, pulling down the broader transport sector, after Kansas City Southern, citing the negative effects of lower oil prices and continued weakness…
“UP, UP, where art thou?” asks Texas customer
As all good Texas stories require, this one includes beer. While there is no pickup truck or trailer park involved, a railroad and organized labor are prominent. As often is…
Senate bill would mandate STB reforms
It is shipper-friendly legislation with which freight railroads probably can live. And while it’s not all the stuff so-called captive shippers would prefer—such as mandatory caps on rail rates and…
BNSF drones will patrol the track
One need not look to the wild blue yonder to find the BNSF air force. Soon, it will be patrolling BNSF tracks from altitudes no higher than 500 feet, but…
SMART will have new president May 1
One of the largest rail labor unions—the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART)—will have a new president May 1 upon the unexpected retirement April 30…
EMD partners with Uptake on locomotive analytics
Electro-Motive Diesel, Inc. (EMD), a subsidiary of Progress Rail Services Corp. (a Caterpillar company), and Uptake, described as “a provider of a dynamic analytics and insight platform for a wide…
Norfolk Southern expands “Railroad University”
Norfolk Southern on March 18, 2015 held a ribbon-cutting ceremony to celebrate the expansion of its “Railroad University” and “redoubled its commitment to superior transportation services for its present and…
Weekly rail traffic: Intermodal gains offset carload declines
According to the most recent figures from the Association of American Railroads, surging intermodal traffic helped offset carload decreases in certain commodities for the week ending March 14, 2015.
CN slates new Milton intermodal and logistics hub
CN announced March 17, 2015 a plan to build a C$250 million intermodal and logistics hub adjacent to its main line in Milton, Ont., located approximately 30 miles west of…
Metrolink names Art Leahy CEO
Metrolink announced Friday, March 13, 2015, that Art Leahy will be the agency's next CEO, effective April 20.
Port of Prince Rupert expanding intermodal capacity
Maher Terminals Holding Corp., an affiliate of Maher Terminals LLC of Elizabeth, N.J. , will expand the capacity of the Port of Prince Rupert’s Fairview Container Terminal to more than 1.3…
From branch line to blockbuster, the Indiana Rail Road story is largely that of one man's visionary leadership: Founder and chief executive Thomas G. Hoback.
Mechanical Rubber Products buys Prestige Rubber
Warwick, N.Y.-based Mechanical Rubber Products Co. announced Monday, March 9, 2015 it has acquired Prestige Rubber Manufacturing Co., based in Fairfield, N.J.
NS names Squires CEO, succeeding Moorman
Norfolk Southern has named James Squires chief executive officer, succeeding Wick Moorman. The action by the company's board of directors is part of its planned succession process and will be…
PTC relief on the way?
The U.S. railroad industry has been scrambling since 2008 to meet the requirements of an unfunded federal government mandate—namely, having Positive Train Control installed and fully operational by Dec. 31,…
Supreme Court sends tax dispute back home to Alabama
In a case involving CSX Transportation, the United States Supreme Court ruled Wednesday, March 4, 2015 that the State of Alabama should be given the chance to justify a fuel…
Harsco acquires Protran Technology
Harsco Corp. announced Monday, March 2, 2015 that it has acquired Newton, N.J.-based Protran Technology, providing design and production of safety systems for transportation and industrial applications. Terms of the…
Bombardier makes fiscal, personnel moves
Bombardier said Thursday, Feb. 19, 2015 that it will raise C$750 million (about US$600 million) through the sale of 339.4 million subscription receipts to a syndicate of underwriters, in order…
Ottensmeyer appointed KCS president
Kansas City Southern Executive Vice President and Chief Marketing Officer Patrick J. Ottensmeyer has been appointed President, effective March 1, 2015, as part of the railroad’s succession planning process.
Unifor threatening to strike CN
Unifor, the largest union at CN, with more than 4,800 members (mechanics, clerical workers, excavator operators, locomotive engineers, and truck drivers) covered by six collective agreements, said on Feb. 19,…
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