Bill Gates: Software mogul or railroad tycoon? NEWSWIRE

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SEATTLE — Bill Gates: Software mogul or railroad tycoon? Gates is best known for being the co-founder of Microsoft, a founding father of the personal-computing era, his current career as a philanthropist, and his status as one of the richest people on the planet. He’s also an investor in railroad stocks. Cascade Investment LLC, the […]

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Canadian Pacific names new executive vice president for operations and regional leaders NEWSWIRE

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Greg Squires Canadian Pacific website Tracy L. Miller Canadian Pacific website CALGARY, Alberta — Mark Redd will succeed Robert Johnson as Canadian Pacific’s executive vice president in charge of operations next month, the railway announced this week as part of broader changes to its operating team. Johnson, a BNSF Railway veteran who joined CP in […]

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Trinity Industries releases new ‘hourglass’ autorack car NEWSWIRE

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Hourglass autorack car from Trinity Industries Trinity Industries DALLAS — Trinity Industries has developed an auto rack it says is designed for safer and more efficient loading. Trinity, which is involved in the manufacturing, leasing, and maintaining of railcars, introduced the car earlier this year, according to CEO Tim Wallace. While Wallace says the move […]

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Central Texas shortline embargoes line, seeks abandonment NEWSWIRE

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Brady, Texas, faces the loss of rail service with the embargo and possible abandonment of the Texas Central & Colorado River Railway. Jeffrey A. Harwell BRADY, Texas — Rail customers in Brady, a town of 5,300 some 128 miles northwest of Austin, Texas, are in limbo after the Texas Central & Colorado River Railway embargoed […]

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NTSB: Human error, inattention to safety risks led to 2018 ‘Silver Star’ crash NEWSWIRE

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New York to Miami Silver Star train No. 91 was operating on track warrants and verbal communication with CSX Transportation dispatchers when it crashed into a parked CSX autorack train about 2:27 a.m. on Feb. 4, 2018, at Cayce, S.C. Jonathan Hinely WASHINGTON — Human error combined with inadequate attention to safety risk led to […]

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