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2014 TRAFFIC AND SPENDING OUTLOOK: A capital year for suppliers
2013 has been a record year for the railroads, “a very robust and challenging year for growth and re-investment,” in the words of BNSF chief executive Matt Rose. The indications…
CP appoints Demosky as Exec VP, CFO
Canadian Pacific has announced that Bart Demosky has been appointed Executive Vice-President and Chief Financial Officer, effective Dec. 28, 2013.
UP renews share repurchase program ahead of schedule
Union Pacific’s Board of Directors on Thursday, Nov. 21, 2013, approved the early renewal of its share repurchase program, authorizing repurchase of up to 60 million common shares by Dec.…
NS achieves best-ever CDP score
Norfolk Southern said Wednesday, Nov. 20, 2013, it has achieved its best-ever score in CDP (Carbon Disclosure Project) reports that grade large U.S. and global companies on how well they…
UP to grain customers: We can handle it
Union Pacific shipped an all-time-high number of grain trains to the Pacific Northwest in October 2013, and says it is poised to help its customers take advantage of a record…
KCS revamps operations department
Kansas City Southern announced the reorganization of several operations department functions late Friday, Nov. 15, 2013.
U.S. energy independence—with the railroad industry’s help
Largely based upon increasing output from shale formations, the United States will surpass Russia and Saudi Arabia as the world’s top oil producer by 2015, and be close to energy…
CP Holiday Trains ready to roll
Canadian Pacific’s annual Holiday Train program, now in its 15th year, is one of the longest-running fundraising programs in North America. Each 1,000-foot Holiday Train—one operating in Canada, one in…
STB decision upholds federal preemption of state statutes
The Surface Transportation Board has ruled that claims filed against Norfolk Southern in certain Virginia state court lawsuits are preempted by federal law. STB, in “NORFOLK SOUTHERN RAILWAY COMPANY—PETITION FOR…
Destination America: The Alaska Railroad
The television network “Destination America,” which is part of the Discovery Communications group of networks (TLC, Animal Planet, etc.), will be premiering a new series, “Railroad Alaska,” on Saturday, Nov.…
Alaska Railroad names new COO
The Alaska Railroad has named Chief Mechanical Officer Doug Engebretson as Chief Operating Officer, a position left vacant when former COO Bill O’Leary was promoted to President and CEO on…
Bombardier joins AAR; committee seat nominations open
Bombardier Transportation has joined the Association of American Railroads as a new Gold Associate Member.
A closer look at LNG
Over its roughly 200 years of history, the North American railroad industry has been shaped by numerous technological milestones, among which are steel rail, automatic knuckle couplers, air brakes, signals,…
CN: Capital-intensive, customer-driven
A model of efficiency and productivity, CN is investing strategically in its network to assure a safe, fluid system, and grow its service-oriented business.
CSX CFO outlines railroad’s intermodal strategy
CSX Executive Vice President and Chief Financial Officer Fredrik Eliasson, in a presentation at the Baird Industrials Conference in Chicago, said that intermodal, “a key driver of growth,'’ now represents…
New tie plate production line debuts
Arkansas Steel Associates on Thursday, Nov. 7, 2013, welcomed guests to its grand opening of its Robotic Vicor Tie Plate Production Line in Newport, Ark.
CSX’s Adkins wins AAR Environmental Excellence Award
The Association of American Railroads has awarded its highest honor for environmental professionals, the 2013 North American Environmental Employee Excellence Award, to CSX Manager of Environmental Remediation Matthew Adkins.
CSX, Huntington Locomotive Shop unions reach agreement
CSX Transportation Inc. has signed what it’s describing as a “landmark agreement with four labor unions that sets new standards of quality and productivity” at the company’s Huntington (W.Va.) Locomotive…
Norfolk Southern dedicates yard in honor of H. Craig Lewis
Norfolk Southern has renamed its Dillerville Yard in Lancaster, Pa., in honor of former vice President Corporate Affairs and Pennsylvania State Senator H. Craig Lewis, who died unexpectedly on Jan.…
Freight car backlog will boost 2014 deliveries
The backlog of ordered and undelivered new freight cars stands at 73,800 units, “a relatively high level from an historical perspective,” according to Economic Planning Associates (EPA). That high number…
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