Activist investor to seek changes at Canadian National (updated)

Logo for TCI Fund Management

MONTREAL — A London-based activist investment firm has amassed 5.2% of Canadian National’s shares and says it will seek to influence how the railway is run. TCI Fund Management — which in May asked CN to call off its proposed merger with Kansas City Southern — is now CN’s second-largest single shareholder, behind only Cascade […]

Read More…

Germany faces third national rail walkout

White high speed train rounds curve to arrive at station

BERLIN — Germany will face a third nationwide rail strike in less than a month, as the union representing train drivers said it would stage a one-week strike beginning Wednesday. TheLocal.de reports the GDL union will strike freight services as of Wednesday afternoon, with passenger traffic targeted as of 2 a.m. Thursday. The strike will […]

Read More…

Canadian Pacific derailment in Iowa leads to evacuations

Canadian Pacific Railway beaver logo

NEW HAMPTON, Iowa — Canadian Pacific emergency crews remained on site Sunday, addressing a Saturday derailment of six locomotives and 11 cars of a CP train near New Hampton. Canadian Pacific reports that one car carrying anhydrous ammonia derailed into floodwaters and leaked product. “Supporting and working closely with local emergency response officials, our priority […]

Read More…

News photo: Wabtec battery-electric locomotive on the move

Red and gray locomotive with red locomotive

  ERIE, Pa. — Wabtec’s FLXdrive battery-electric locomotive is on the road again. The demonstrator unit returned to the company’s Erie factory after concluding BNSF Railway testing in California in April [see “Wabtec, BNSF conclude initial tests …,” Trains News Wire, April 30, 2021], left the factory on Friday in the company of ET44C6 demonstrator […]

Read More…

VTA light rail service returns

Santa Clara Valley Transportation Authority logo

SAN JOSE, Calif. — The Santa Clara Valley Transportation Authority resumed limited light rail service on Sunday, more than three months after service was shut down following a mass shooting at the agency’s Guadalupe rail yard. “As we continue to bring back employees safely and compassionately,” the agency said in a statement on its website, […]

Read More…