NEW YORK — The Metropolitan Transportation Authority has created a new organization to lead its $12 billion program for acquisition of new rail and bus equipment, and appointed the first leader of that organization. Jessie Lazarus, currently the MTA’s deputy chief of commercial ventures, will head the Rolling Stock Program, CEO Janno Lieber announced today […]
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 […]
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 […]
KANSAS CITY, Kan. — Colorado Pacific Railroad and Weskan Grain, two subsidiaries of the Soloviev Group, this week filed a federal court suit that alleges Union Pacific Railroad and regional railroad Kansas & Oklahoma have conspired to prevent westbound grain moves over Colorado Pacific. The plaintiffs claimed that UP and Watco Cos.’ K&O are using […]
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 […]
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 […]
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 […]
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 […]
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 […]
WASHINGTON — The lack of a standardized process for how and where to be positioned when operating a hand brake was the probable cause of a serious injury to a Hulcher Services Inc. employee during a rerailing operation last year at the Port of Stockton, Calif., the National Transportation Safety Board said in a newly […]
GEORGIANA, Ala. — Revenue freight is once again moving on a short line in southern Alabama. The Pinsly Railroad Co.’s Georgiana & Andalusia Railroad recently restored freight service on the 36-mile rail line between the CSX interchange at Georgiana and Andalusia, Ala. The first railcars in more than a year were delivered on Jan. 20, […]
CALGARY, Alberta — Canadian Pacific Kansas City on Wednesday reported higher fourth-quarter profits despite flat volume. “Our story is about continuing to do what we do best: Controlling what we can control, and executing our PSR model, which remains key to setting CPKC apart and allows us to shine in times of uncertainty,” CEO Keith […]
