STB shuts down as government funding lapses

Surface Transportation Board logo

WASHINGTON — The Surface Transportation Board, U.S. Department of Transportation, and the National Transportation Safety Board are among agencies affected by a partial shutdown of the federal government that began Saturday (Jan. 31). The STB announced today it has suspended operations. During the funding lapse, the STB will not accept or process any filings or […]

Read More…

CPKC names Trafton as board vice chair

Man in suit standing in office

CALGARY, Alberta — CPKC has named Gordon Trafton, a current member of its board, as the board’s vice chair. The company also announced this week that Marc Parent had been appointed to the board, effective Jan. 27, and that Kate Stevenson has been nominated to stand for election to the board at the annual shareholder’s […]

Read More…

Alderson, CN investor relations executive, to retire

Head shot of woman

MONTREAL — Stacy Alderson, Canadian National’s assistant vice president, investor relations, will retire in May, CEO Tracy Robinson announced today (Jan. 30) at the end of the company’s quarterly earnings call. Alderson will be succeeded by Jamie Lockwood, appointed as vice president, investor relations and special projects. Robinson said Alderson has “had an exceptional 30-year […]

Read More…

CN CEO says UP-NS merger application has a ‘long way to go’

MONTREAL — Union Pacific and Norfolk Southern have “a long way to go” to address issues with their merger application, Canadian National CEO Tracy Robinson said during the company’s quarterly earnings call today (Friday, Jan. 30). “It is not at all clear that the transaction as proposed addresses many of the questions around the negative […]

Read More…

CN shows financial, operating gains in fourth quarter

Train under signal bridge

MONTREAL — Canadian National showed gains in traffic, revenue, and operating income in the fourth quarter of 2025, the company announced today (Jan. 30). Financial results (all converted to U.S. dollars) showed revenues of $3.3 billion, a gain of 2% over the same quarter in 2024. Operating income was $1.28 billion, up 6%, with adjusted […]

Read More…

Ivan named CEO of BNSF Logistics

Logo of BNSF Logistifcs

DALLAS — David Ivan has been named president and CEO of BNSF Logistics, a third-party logistics firm and subsidiary of Berkshire Hathaway’s Burlington Northern Santa Fe, LLC. The company announced the move, effective immediately, on Thursday, Jan. 29. Ivan has more than 25 years of experience in leading complex, multi-site operations in manufacturing, logistics, and […]

Read More…

New York MTA sets record for capital commitments

Aerial view of bridge project with tracks straddled by yellow gantry crane

NEW YORK — The Metropolitan Transportation Authority committed a record $15.8 billion to capital projects in 2025, including more than $5 billion made possible through congestion tolling funds, the agency and Gov. Kathy Hochul announced this week. The commitments include $6.6 billion for rolling stock; $3.4 billion for state-of-good-repair and other program support; $2.7 billion […]

Read More…