Claude Mongeau NS NORFOLK, Va. – Claude Mongeau has been elected a director of Norfolk Southern Corp., effective Sept. 23, Chairman, President and CEO James A. Squires announced today. Mongeau, 57, is former president and chief executive officer of Canadian National Railway Company, holding those positions from 2010 to 2016. He has been appointed to […]
LONG BEACH, Calif. — The impact of scheduled railroading on Canadian National’s intermodal network 15 years ago may show the path CSX Transportation, Kansas City Southern, Norfolk Southern, and Union Pacific will follow as they embrace the operating model of the late E. Hunter Harrison. CN slashed low-margin services, shut terminals, and shed volume while […]
Jim Foote, CSX Corp. CEO CSX Transportation DANA POINT, Calif. — CSX Transportation CEO Jim Foote says the sale of the railroad’s Massena Line to Canadian National will generate more traffic growth than if the route linking Syracuse, N.Y., and Montreal were sold to a short line operator. The deal, which was announced last month, […]
MONTREAL — Canadian National has announced ongoing intermodal relationships with two ocean carriers, Evergreen Line and COSCO Shipping. CN and Evergreen’s new intermodal agreement extends a 27-year relationship between the companies and includes Evergreen’s usage of such CN-served ports as Vancouver, Prince Rupert, British Columbia, and Halifax, Nova Scotia. COSCO has chosen CN as its […]
BOSTON — Canadian National’s traffic is growing more slowly than expected, and with volumes flat in the third quarter it will be difficult to reach its projected mid single-digit percentage increase in revenue ton miles this year, Chief Financial Officer Ghislain Houle says. “The volumes are much weaker than what we expected,” Houle told an […]
CSX train B778 works on the Massena Line in Adam’s Center, N.Y., near Watertown, earlier this month. The S on the milepost in the foreground refers to miles to Syracuse, N.Y. CSX is selling the Massena line, connecting Syracuse and Montreal, to CN in a deal announced Thursday. Michael S. Murray MONTREAL – Canadian National will […]
WASHINGTON — Canadian National and Canadian Pacific have reached an interim agreement that settles their Chicago interchange dispute while the railroads await a formal Surface Transportation Board decision on the matter. CP informed the board of the interim agreement in a filing last week. Under the terms of the deal, CN will deliver CP-bound interchange […]
Passengers line up to board southbound City of New Orleans coaches at Jackson, Miss., on Dec. 8, 2018. The train has not operated south of Jackson regularly since last winter. NEW ORLEANS — Amtrak announced a “buy one, get one” fare deal this week after the City of New Orleans again started serving its namesake […]
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 […]
WASHINGTON — Canadian National will lease trackage in Mobile, Ala., to a new short line, Alabama Export Railroad, according to an Aug. 12 regulatory filing. The Alabama Export Railroad will operate 12.1 miles of former Illinois Central trackage in downtown Mobile and serve eight customers on the line. Alabama Export plans to work closely with […]
WASHINGTON — The Surface Transportation Board will appoint a mediator to resolve differences in long-simmering operating agreement negotiations between Amtrak and Canadian National. The agency’s decision, released late last week, provides a rare glimpse inside a document which governs on time performance measurement, financial incentives, and penalties. Amtrak and its hosts generally keep contract details […]
CSX Transportation, from a service advisory NEW YORK CITY — Canadian National and CSX Transportation will launch joint intermodal service this fall linking Toronto and Montreal with New York, New Jersey, and Philadelphia. The service, announced on Thursday and set to begin in October, is unusual because it’s a short haul for both railroads, which […]
