A. Stucki Co. appoints Chief Commercial Officer; Virginia Railway Express (VRE) names General Counsel; Quandel Consultants hires Senior Consultant; Trapeze Group Americas appoints General Manager; and BAI Communications (BAI) taps Group Business Development Director.
Bay Area Rapid Transit (BART) has started a platform-level sign pilot at Lake Merritt Station in Oakland, Calif.; Virginia Railway Express (VRE) is set to restore full commuter rail service.
The U.S. Department of Transportation (USDOT) “stands ready” to work with Amtrak, CSX, Norfolk Southern (NS) and other stakeholders to restore “long overdue” passenger service between New Orleans and Mobile, it wrote in a recent Surface Transportation Board (STB) filing.
Kansas City Southern has received notice of an unsolicited “mini-tender” offer by Canadian outfit Titus Rockefeller LLC (a.k.a. TRC Capital Investment Corp.) to purchase up to 500,000 shares, or approximately 0.55%, of KCS’s outstanding common stock at a price of $285.00 per share in cash. KCS said it does not endorse the offer and recommends that its shareholders reject it and not tender their shares in response to it. TRC Capital has been cited in numerous documented cases of securities fraud (see below).
CN is honoring 55 customers and supply chain partners for sustainability leadership as part of its EcoConnexions Partnership Program for 2021.
Union Pacific (UP) has recognized 63 chemical shippers for their dedication to safety with the 2020 Pinnacle Award.
RAILWAY AGE, MAY 2021 ISSUE: Regular steel rail maintenance not only extends service life, but also helps ensure safety. That’s why suppliers of grinding, milling and welding equipment and services are always fine-tuning and introducing new offerings to meet railroad needs. They discuss those, and today’s market.
RAILWAY AGE, MAY 2021 ISSUE: Nearly wiped out decades ago, the lightest form of light rail has made a remarkable comeback.
As Canadian Pacific and CN vie for a merger with Kansas City Southern, the letters of support for both potential transactions continue to pile up at the Surface Transportation Board. On May 10, it was CP’s turn to up its count, as it reported 131 new letters.
Railway Age’s seventh annual Rail Insights Conference will be a three-hour virtual event on June 17 featuring top industry speakers, including BNSF President and CEO Katie Farmer.