Management

CSX posted record third-quarter 2014 net earnings of $509 million, or $0.51 per share, up from net earnings of $455 million, or $0.45 per share, in the same period last…
At age 70, when most of his contemporaries have retired, Canadian Pacific (CP) Chairman Hunter Harrison is plotting his legacy—a seamless North American transcontinental rail duopoly initiated by his proposed…
Canadian Pacific has approached CSX about a merger, and CSX has rejected the proposal, according to reports in The Wall Street Journal, New York Times, Toronto’s Globe & Mail, and…
The U.S. Surface Transportation Board announced Wednesday, Oct. 8, 2014 that it is requiring all Class I railroads to publicly file weekly data reports regarding service performance “to promote industry-wide…
Booth space reservations are now open for the indoor and outdoor exhibitions at Railway Interchange 2015, the U.S.-based combined exhibition and technical conference taking place Sunday, Oct. 4 through Tuesday,…
Canadian Pacific Railway, under the leadership of CEO E. Hunter Harrison, is “raising the bar, again,” according to Cowen & Co. Managing Director and Railway Age Wall Street Contributing Editor Jason…
At Canadian Pacific’s 2014 Investor Conference, CEO E. Hunter Harrison unveiled new growth targets out to 2018, and “a multi-year strategy to drive superior service and financial profitability, including more…
Forty first-responders representing 30 communities around CSX’s railroad network have undergone crude-by-rail (CBR) incident response training at the Security and Emergency Response Training Center (SERTC) in Pueblo, Colo.
Norfolk Southern Corp. said Monday, Sept. 29, 2014 it has "earned recognition recently from environmental nonprofit CDP as a marketplace leader in carbon disclosure, reflecting the railroad's broad integration of sustainable business practices…
As InnoTrans 2014 drew to a close on Friday, Sept. 26, 2014, show sponsors claimed the event was "the best InnoTrans to date" and hailed the Berlin-based event as a…
Washington Metropolitan Area Transit Authority (WMATA) General Manager and CEO Richard Ssrles says he will step down from his post in mid-January 2015, completing four years at the position.
Ferrocarril Mexicano, S.A. de C.V. (Ferromex) and Ferrocarril del Sureste S.A. de C.V. (Ferrosur), which are owned by Grupo México (Union Pacific has a 26% stake), are acquiring 34 Electro-Motive…
Chicagoland's Metra announced Tuesday, Sept. 23, 2014 that it is revising its "Bikes on Trains" policy to replace bans during exceptionally busy periods with "warning dates," in which bicycles will…
Florida East Coast Railway (FECR) is increasing its intermodal capacity by adding new equipment, and is expanding its services to include intermodal transportation between Charlotte, N.C., and a number of…
An Iraqi proverb reads, “Show them death and they will accept a fever.”
CN’s sustainability practices have earned it a place on the Dow Jones Sustainability World Index (DJSI) for the third consecutive year that the railroad has been listed on the DJSI…
“As global freight demand increases and American highways remain overcrowded and underfunded, CSX is building on a proven track record of success for shareholders by capitalizing on growth opportunities across…
As part of an ongoing focus on community emergency preparedness and training, CSX is introducing “CSX Operation Respond,” a new mobile information system that it says “will enhance first responders’…
The Greater Toronto Area must merge its public transit properties into a cohesive, unified whole, the CEO of the Toronto Region Board of Trade has declared.
Congress is about to adjourn for its single-most-important function these days as mid-term elections loom: getting re-elected. That means it’s time to get down to some serious last-minute, constituent-coddling activities,…
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