CHICAGO — BNSF Railway CEO Katie Farmer and Union Pacific CEO Jim Vena are among those scheduled to speak at the annual meeting of the North American Rail Shippers, set for April 30-May 2 in Chicago. The meeting will be held at the Sheraton Grand Chicago Riverwalk hotel, 301 E. North Water Street, and is […]
SAN CARLOS, Calif. — Caltrain will upgrade safety at five grade crossings after receiving $1 million in federal funding as part of the Consolidated Appropriations Act, the commuter rail agency has announced. Funds will improve grade crossings at two crossings in San Francisco (16th Street and Mission Bay Drive), as well as Whipple Avenue in […]
Norfolk Southern’s decision to hire a chief operating officer with Precision Scheduled Railroading expertise increases the likelihood that the embattled railroad will reach a settlement with activist investor Ancora Holdings, Wall Street analysts say. NS on Wednesday announced that Canadian Pacific Kansas City executive John Orr would become its chief operating officer, effective immediately. Orr […]
WASHINGTON — Five rail-related projects are among those selected for funding under the U.S. Department of Transportation’s Strengthening Mobility and Revolutionizing Transportation, or SMART, grant program announced last week by the U.S. DOT. A total of 34 projects in 22 states, the District of Columbia, and Puerto Rico received grants totaling $54 million under the […]
WASHINGTON — Intermodal traffic, which was a weakness for rail traffic in most of 2023, remains the strength in the weekly rail traffic statistics so far in 2024. U.S. rail volume for the week ending March 16 was up 6.7% over the same week a year ago, according to statistics from the Association of American […]
HOT SPRINGS, Ark. — The Arkansas Midland Railroad will pay a penalty of more than $910,000 as part of a settlement over alleged hazardous waste violations, the U.S. Environmental Protection Agency has announced. The EPA says the railroad stored more than 750,000 gallons of o-Chlorotoluene, a highly flammable and toxic material, in up to 34 […]
WASHINGTON — U.S. Sens. Dick Durbin and Tammy Duckworth (both D-Ill.) met with Canadian National Railway CEO Tracy Robinson on Tuesday to discuss the railroad’s involvement in the Chicago Hub Improvement Program, the plan to modernize Chicago Union Station and rail routes leading to the station. U.S. Rep. Mike Quigley (D-Chicago) also participated in the […]
PRESCOTT, Ontario — The union representing rail traffic controllers and Canadian National Railway have both taken issue with a report by the Transportation Safety Board of Canada citing alcohol use by a controller as a factor in a September 2021 collision involving two CN trains — although for very different reasons. The report issued March […]
ATLANTA — Norfolk Southern has issued a letter and launched a website with information urging the shareholders to vote for the railroad’s slate of board nominees in the proxy fight with a group of activist investors, and set May 9 as the date for its annual shareholders meeting that will determine the outcome of that […]
ATLANTA — Norfolk Southern today named Canadian Pacific Kansas City executive John Orr as its chief operating officer in a bid to thwart an activist investor group led by Ancora Holdings. CEO Alan Shaw said Orr is committed to providing customers with a high level of service as part of the railroad’s resiliency-based growth plan. […]
KANSAS CITY, Mo. — Freight rail company Cathcart Rail is set for a two-phase expansion, valued at more than $10 million, of its railcar repair facility, the Economic Development Corp. of Kansas City, Mo., has announced. Plans call for Cathcart to renovate its and expand its existing facility at 7750 Wilson Ave., near the Missouri […]
ATLANTA — Amid a proxy fight with an activist investor, Norfolk Southern on Wednesday will name Canadian Pacific Kansas City executive John Orr as its chief operating officer, Trains News Wire has learned. Orr brings a Precision Scheduled Railroading operations background — which is prized on Wall Street — to Norfolk Southern as the company […]
