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Untangling the tale of PTC
Norfolk Southern's Wick Moorman responds to Railway Age’s October 2015 issue cover story on Positive Train Control.
NS to CP: Proposed merger "a poor combination"
Refuting practically every purported benefit that Canadian Pacific has given, and citing substantial regulatory risks and uncertainties as well as many other negatives, Norfolk Southern on Dec. 4, 2015 loudly…
CP ratifies DM&E BLET agreement
Canadian Pacific Railway on Dec. 3, 2015 ratified a multi-year collective agreement with the 300 locomotive engineers, assistant engineers, conductors and brakemen on CP U.S. subsidiary Dakota, Minnesota & Eastern…
CP-NS: Voting trust and other conundrums
Levitation takes two forms among railroads—magnetic levitation relating to futuristic high-speed passenger transport, and stock levitation associated with bidding wars for asset control.
Rail traffic takes a dive
For the week ending Nov. 21, 2015, total U.S. weekly rail traffic was 532,532 carloads and intermodal units, down 5.7% compared with the same week last year, the Association of…
CP + NS fully in play
The day after confirming that it had made an offer to Norfolk Southern—and following NS’s tepid response—Canadian Pacific on Nov. 18, 2015 disclosed the contents of the offer letter it…
CP pursuing NS. Game on!
It’s official: Canadian Pacific on Nov. 17, 2015 sent an offer letter to Norfolk Southern proposing a merger (an acquisition, really) “that would create a transcontinental railroad with the scale…
CP-NS transcon a craps table roll
Few obstacles bedevil railroads as has the Mississippi River. Spanning it was the nation’s first rail bridge in 1856—promptly assaulted by steamboat Effie Afton. While the bridge was repaired and…
BNSF evaluating drones in New Mexico
BNSF has tested a UAS (unmanned aerial system, better-known as a drone) supplied by Boeing Co. subsidiary Insitu Inc. in east-central New Mexico, on approximately 132 miles of main line…
William J. Quinn, 1911-2015
William J. Quinn, whose 40-year railroading career culminated as Chairman and CEO of the Milwaukee Road, died Oct. 24, 2015 at the Glen Care Center in Glenview, Ill. He was…
CP + NS is in play: Reports
Canadian Pacific Railway has held early-stage merger talks with Norfolk Southern and is raising financing for an acquisition, according to Nov. 9, 2015 news reports citing confidential sources at both…
Anacostia Rail Holdings announces CSS, NY&A promotions
Anacostia Rail Holdings, Inc. a short line railroad holding company, announced on Nov. 6, 2015 two promotions to senior management at its Chicago South Shore & South Bend and New…
Norfolk Southern rolls out the GP33ECO
Norfolk Southern joined local and state officials on Nov. 5, 2015 to dedicate a new fleet of GP33ECO environmentally friendly yard locomotives for Chicago at its 47th Street intermodal facility.
Linda J. Morgan, 1952-2015
Linda J. Morgan, 63, the former U.S. Surface Transportation Board Chair who led the agency during the railroad megamergers of the 1990s, died Wednesday, Nov. 4, 2015, after a long…
H.R. 3763 receives House approval
Following three days of debate, during which more than 100 amendments were considered, the U.S. House of Representatives on Nov. 5, 2015 “overwhelmingly” approved the Surface Transportation Reauthorization and Reform…
AAR: Rail traffic decline steady with service, manufacturing sector divide
In reporting weekly U.S. rail traffic as well as volumes for October 2015 and the first 10 months of 2015, AAR Senior Vice President John T. Gray said that "a…
Authority can be delegated. Responsibility cannot
Editor’s note: The following is David Schanoes’s presentation, “Better, Safer Railroading: 10% Planning, 90% Execution,” at Railway Age’s 2015 Passenger Trains on Freight Railroads Conference.
CSX’s Chatrathi earns AAR environmental award
The Association of American Railroads on Oct. 27, 2015 awarded the 2015 Professional Environmental Excellence Award, “the highest honor for environmental professionals in the railroad industry,” to CSX’s Raghu Chatrathi,…
“Restructuring costs” affect NS’s third-quarter
Net income of $452 million, or $1.49 per diluted share, compared with $559 million, or $1.79 per diluted share in third-quarter 2014, combined with an operating revenue that declined by…
CN delivers solid third-quarter results
Net income of C$1.01 billion, compared with net income of C$853 million in second-quarter 2014, combined with an operating income increase of 16% and a record-low quarterly operating ratio of…
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