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National Railway Equipment Co. now 100% employee-owned
National Railway Equipment Co., headquartered in Mount Vernon, Ill., has completed transfer of the company to the newly formed NRE–Global Holdings Inc. (NRE), an Employee Stock Ownership Trust (ESOP). As…
CP + CSX: “No further talks are planned”
Breaking its relative silence, Canadian Pacific Railway announced Oct. 20, 2014 that it is no longer pursuing CSX as a merger partner. “Exploratory conversations held with CSX Corp. about a…
STB asks CP to “clear ambiguities”
The Surface Transportation Board, in a decision dated Oct. 14, 2014 (Docket No. EP 724, “United States Rail Service Issues,” has asked Canadian Pacific Railway to “answer specific questions to…
What lurks behind the door Hunter Harrison opened?
At age 70, when most of his contemporaries have retired, Canadian Pacific (CP) Chairman Hunter Harrison is plotting his legacy—a seamless North American transcontinental rail duopoly initiated by his proposed…
Sen. Durbin emerging as STB chairman's nemesis
"Tawdry," is how one Washington transportation attorney describes the self-interest assaults by powerful congressional lawmakers on federal regulatory agency officials.
Greenbrier calls for no delays on PHMSA rulemaking, legacy tank car retrofits
Greenbrier on Oct. 10, 2014 reiterated its support for the Pipelines and Hazardous Materials Safety Administration’s (PHMSA) proposed Option 2 design for new tank cars in flammable service built after…
STB requiring weekly Class I service performance reports
The U.S. Surface Transportation Board announced Wednesday, Oct. 8, 2014 that it is requiring all Class I railroads to publicly file weekly data reports regarding service performance “to promote industry-wide…
Improving safety on North America’s “122-inch pipeline”
Are corrosion protection strategies for rail “all hat and no cattle?” (all talk, no substance?). James McDonald, Terry Aben P.E., and Douglas Mittlesteadt of Hempel USA examine this subject for…
STB extends TTX pooling authority
TTX Co. said the Surface Transportation Board has approved a five-year extension of TTX's pooling authority governing all types of flatcars, including those that handle intermodal traffic, finished automobiles, and…
RSI-CTC to PHMSA: “One size fits all” won’t work
In comments sent to the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) Dept. 30, 2014, the Railway Supply Institute Committee on Tank Cars (RSI-CTC) warned of “significant disruption to…
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