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CP’s Harrison: A “mid-60s” operating ratio by 2016
At an investor conference in New York on Tuesday, Dec. 4, Canadian Pacific’s recently installed President and CEO E. Hunter Harrison outlined his plan for taking the railroad out of…
CP scraps PRB buildout, will take 4Q write-down
When Canadian Pacific acquired the Dakota Minnesota & Eastern railroad in 2007, it also acquired the option to build a 260-mile extension of DM&E’s network into Powder River Basin coal…
Siemens to acquire Invensys Rail
Invensys announced late Wednesday it will sell Invensys Rail to Siemens AG for $2.8 billion.
Judge rejects latest quest to halt St. Paul LRT
Construction of St. Paul, Minn.'s Central Corridor light rail line can continue, a federal judge has ruled, turning aside protests from the St. Paul NAACP and the city's Rondo neighborhood.
Kansas City streetcar RFP draws interest
Efforts to establish a streetcar in Kansas City, Mo., has drawn interest from two companies, both of which filed expressed interest prior to the city's Nov. 21 deadline.
Sandy helps drive truck tonnage down
Hurricane Sandy was partly responsible for driving intercity truck tonnage down an estimated 3.8% in October. after a decline of 0.4% in September.
Rail employment rises for month and year
Total Class I railroad employment reached 162,443 in October, 1.37% higher than in October 2011 and a gain of 0.74% over September 2012.
United Steelworkers, CP strike five-year agreement
Canadian Pacific and the United Steelworkers (USW) Local 1976, which represents approximately 800 clerical and intermodal workers, have entered into a five-year agreement effective Jan. 1, 2013. The current contract…
BNSF's Lanigan to retire, railroad names three VPs
BNSF named Steve Bobb executive vice president and chief marketing officer, with responsibility for BNSF's sales, marketing, customer service, economic development and business unit activities. He succeeds John Lanigan, who…
Kansas City streetcar proposal receives funding, FTA environmental approval
The Kansas City streetcar proposal has received funds from the Mid-America Regional Council's (MARC) Board of Directors totaling $ 17.7 million.
Seattle secures funding to design First Hill Streetcar line's Broadway Extension
Seattle, Wash., has secured funding to plan and design the First Hill Streetcar line's Broadway Extension.
QR National hires two North Americans
Australian railroad QR National Ltd. (QRN) has appointed two new senior executives to the company's management team, both with extensive experience in the North American railway industry.
Transitions can be difficult
The death recently of A. E. (Ted) Michon reminded me just how difficult transitions can be for those who must go through them.
CN to build new terminal for Bakken crude oil producers
CN and Tundra Energy Marketing Ltd., which handles crude oil on behalf of producers in the Williston Basin, including parent company Tundra Oil & Gas Partnership, have signed a memorandum…
CN revamps employee training program
CN announced Sept. 28 a revamped and revitalized employee training program that it said will be anchored by two modern training centers to be built in Winnipeg, Man., and in…
Amtrak Downeaster extension begins Nov. 1
The Northern New England Passenger Rail Authority (NNEPRA) said Wednesday the extension of Amtrak Downeaster service to Freeport and Brunswick, Maine, will begin Nov. 1. Tickets for the new service…
Train accidents down sharply in six months
Train accidents on U. S. railroads in this year's first six months declined 22.8% to 811 compared with the same period in 2011, according to the Federal Railroad Administration's Office of Safety…
BNSF touts Bakken field capacity expansion
BNSF Railway said Tuesday it has increased capacity this year to enable the railroad to haul 1 million barrels of oil per day out of the Williston Basin in North…
July employment up over year; down from June
U.S. Class I railroads employed 162,006 workers in mid-July, up 1.94% from July 2011, but down 0.71%, or 1,153 workers, from mid-June, according to data released by the Surface Transportation…
TSI opens new railcar repair shop
Transportation Services, Inc. (TSI) says it has opened its new railcar repair shop in Chadron, Neb., situated on the Nebraska Northwestern Railroad's lines, and with interchange access to both BNSF…
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