New Jersey Transit said July 9 it will debut rail service between Hoboken Terminaland Giants Stadium in East Rutherford, N.J., via Secaucus Junction, beginning Sunday, July 26, 2009, when the CONCACAF Gold Cup Final title soccer match is scheduled.
Fortune magazine has awarded Union Pacific the title of "Most Admired" railroad in its annual survey of American companies, Fortune said. UP scored first among all railroads in the key areas of innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, and global competitiveness.
Canadian National and West Chicago, Ill., have come to terms on CN’s operations over the Elgin, Joliet & Eastern Railway, which CN acquired in January. West Chicago will accept CN’s commitment to $1.8 billion in improvements on the line to reduce the impact of the anticipated frequency increase on the EJ&E.