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For CP, a tough second quarter
The second quarter of 2016 was not kind to Canadian Pacific, though in line with CP’s quarterly outlook, released in June.
Hunter Harrison readies for a transition
E. Hunter Harrison came out of retirement in 2012 to lead Canadian Pacific out of the Class I basement, where it had languished for several years. The following year, his…
Water by rail ready to roll
A terminal serving the crude oil industry is offering help for drought-stricken California.
KC Southern announces earnings: uptick in volume trend into 2Q
Kansas City Southern (KCS) reported second quarter results on July 19. Revenues were $569 million, a decrease of 3% from second quarter 2015. Overall, carload volumes were unchanged compared to…
Minnesota establishes council on freight rail
Minnesota Gov. Mark Dayton issued an executive order, establishing the Governor’s Council on Freight Rail, which will bring together state officials and railroads in a public-private working group to improve…
Two arguments on two-person crews
The Federal Railroad Administration, at a July 15, 2016 hearing regarding the agency’s proposed rule mandating two-person crews, heard two sharply contrasting arguments, one from freight rail management, the other…
BNSF and SWRR reach agreement for Clovis-Carlsbad line
BNSF Railway and Southwestern Railroad (SWRR) reached an agreement which calls for BNSF to take over service of the rail line between Clovis and Carlsbad, N.Mex. effective Jan. 17, 2017.
Moving energy beyond borders
Can exports revive North America’s crude-by-rail and coal?
Cowen shipper survey: Price increases expected
Shippers expect a 2.9% price increase from the railroads over the next 6-12 months, according Cowen and Company’s Second-Quarter 2016 Rail Shipper Survey (downloadable from the link below).
CSX releases coal-impacted second quarter earnings
CSX on July 13th announced second quarter 2016 net earnings of $445 million, or $0.47 per share, down from $553 million, or $0.56 per share, in the same period of…
LRIW now accepting nominations for 2016 Member of the Year
The League of Railway Industry Women (LRIW) on July 12 opened nominations for its "Outstanding Member of the Year" award.
FEC: Big trains, big ships
The panamax era has begun in Miami, and Florida East Coast Railway (FECR) stands ready to handle intermodal containers from the Pacific Rim arriving on the gargantuan ships via the…
CP: Moving grain with an Item 6
Canadian Pacific’s Crowsnest Subdivision is busy with grain trains as prairie elevators are cleared to accept the coming harvest. CP has been pairing trains through the subdivision by giving two…
Labor’s not-so-smart gamble on FRA
News items: A convoy of self-driving trucks recently traversed Europe. Driverless trucks are undergoing public-road testing in California and Nevada. And Transportation Secretary Anthony Foxx supports development of vehicles “that…
Transdev wins Detroit tram contract
Transdev North America announced on June 30 that it has been awarded a $15.5 million contract by M1-Rail to operate and maintain Detroit's first modern tram line.
Lor joins WSP | Parsons Brinckerhoff as rail projects manager
Rik Lor will manage the delivery of rail projects as a senior engineering manager in the transit & rail technical excellence center of WSP | Parsons Brinckerhoff, the global engineering…
CN appoints Mike Cory as chief operating officer and Ghislain Houle as chief financial officer
Luc Jobin, incoming president and chief executive officer of CN announced on June 27th the appointments of Mike Cory as executive vice-president and chief operating officer, and Ghislain Houle as…
Mosseri joins Parsons as VP and New York region Business Development Manager
Parsons announced that Gill Mosseri recently joined the corporation as Vice President and New York Region Business Development Manager for its Infrastructure business unit (BU).
UIC's Loubinoux awarded BIC's global rail freight honor
The Bureau International des Containers (BIC) announced on June 23 that Jean-Pierre Loubinoux, General Director, International Union of Railways, (UIC) has won the 2016 BIC Award.
FRA faults bolts, brakes and UP in June 3 crude oil derailment
The Federal Railroad Administration on June 23, 2106 released its preliminary findings on the June 3 Oregon crude oil derailment and found at fault: bolts, brakes and Union Pacific.
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