Management

Madison, N.J.-based Maersk Line announced on Monday its new "Flagship import service direct from Asia to five key markets in North America—Chicago, Dallas-Fort Worth, Houston, Memphis, and northwest Ohio"—in conjunction…
Union Pacific announced Friday that James R. Young , its chairman, president, and CEO, will take a medical leave of absence from his responsibilities as president and CEO while he is being…
Union Pacific has been named Logistics/Transportation Provider of the Year at the 2012 American Metals Market (AMM) Steel Tube and Pipe Conference.
If 81-year-old Warren Buffett has a short list of candidates to succeed him as head of Berkshire Hathaway, he did not directly allude to it in his annual message to shareholders, released…
Kinder Morgan Energy Partners, L.P. and Martin Midstream Partners L.P. have formed a joint venture, Pecos Valley Producer Services LLC, to develop a rail terminal in Pecos, Tex., to serve…
Atlanta-based RMI Wednesday said it has reached a five-year agreement with RailAmerica, Inc. for the implementation of RMI's ExpressYard Car Repair Billing (CRB) and Operations Management Software System.
Norfolk Southern said Tuesday that two fuel suppliers, Dynamic Fuels, LLC and Mansfield Oil Co., have signed an agreement to supply renewable diesel to the Class I railroad.
Fairport, N.Y.-based RailComm said Monday it has been selected to provide a wireless remote control derail system for Indiana Railroad Co.'s facility in Jasonville, Ind.
Austin, Tex., may soon get weekend passenger rail service on its Red Line, if details with Capital Metro can be ironed out.
Greenwich, Conn.-based Genesee & Wyoming Inc. on Wednesday reported fourth-quarter net income $33.3 million, compared with net income of $19.9 million in the fourth quarter of 2010. GWI's diluted earnings…
Neuilly-sur-Seine, France-based Thales Group said Monday it had landed a contract with Singapore’s SMRT Corp. Ltd.to supply its SelTrac Communications-Based Train Control (CBTC) to resignal SMRT’s North-South and East-West rail…
U.S. freight carload traffic for the week ending Jan. 28, 2012 was down 2.8% compared with the fourth week of 2011, the Association of American Railroads said Thursday. By contrast,…
Canadian Pacific announced it is now shipping crude oil by rail from a new transload facility near Lloydminster, Sask. CP said the facility is a facility is a key enhancement…
The bistate, trans-Hudson PATH rail system rolled to a record ridership 76.6 million trips in 2011, an achievement that the Port Authority of New York & New Jersey notes followed…
U.S. Class I railroads employed 159,717 workers in mid-December 2011, up 3.44% from a year earlier, though off 0.25% from November due to a seasonal drop in track maintenance employees.
The FRA and the AAR’s Safety Appliance Task Force have joined forces to improve these safety-critical pieces of hardware. The FRA recently amended regulations related to safety appliance arrangements on…
Members of three more unions have ratified new contracts with U.S. freight railroads, it was announced Tuesday.
Fairport, N.Y.-based RailComm said Monday it has upgraded its existing yard system at BNSF Corwith’s mechanical facility in Chicago.
When you talk with Kansas City Southern President and CEO David L. Starling about how KCS, the smallest Class I in mileage, has extended its reach and developed new frontiers,…
Norfolk Southern said it has loaded the largest volume cargo in the history of its Pier 6 coal transloading facility at Lamberts Point in Norfolk, Va. Early on Jan. 12,…
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