WASHINGTON — U.S. rail traffic for the week ending May 11 was up slightly over the same week in 2023, according to statistics from the Association of American Railroads. Total volume for the week was 468,748 carloads and intermodal units, up 0.6% from the corresponding week a year ago. That included 209,319 carloads, down 7% […]
ATLANTA – Norfolk Southern CEO Alan Shaw trounced the activist investor’s chief executive candidate during last week’s proxy contest, according to a final tally of shareholder votes the railroad released today. Shaw received the backing of 64.1% of the investors who voted for board candidates in the days leading up to Thursday’s annual shareholder meeting. […]
OTTAWA, Ontario – The Canadian government will once again own the landmark Québec Bridge over the St. Lawrence River after negotiations with Canadian National, Prime Minister Justin Trudeau announced today. “The Québec Bridge is a source of pride for the people of Quebec City and all Canadians. It is a timeless symbol of what is […]
JACKSONVILLE, Fla. – CSX CEO Joe Hinrichs made three employees’ days yesterday when he handed them the keys to new Ford pickup trucks. All unionized employees with perfect attendance over a six-month span are entered into the ONE CSX Drive to Succeed raffle. The prize: One of three F-150 Lariat Supercrew trucks. Hinrichs started his […]
JACKSONVILLE, Fla. – Short line railroad and transload operator Patriot Rail Co. has named Port of New Orleans CEO Brandy D. Christian as its next chief executive officer. Christian will join Patriot Rail on June 17, the company said today. She’ll succeed CEO John Fenton, who is retiring after 12 years at the helm. “Brandy […]
BOSTON — Richard Davey, president of New York City Transit, is one of two finalists to become CEO of the Massachusetts Port Authority, that agency has announced. The New York website Gothamist was among news outlets reporting earlier this week that Davey was leaving for the Massport job, although Davey denied the report. The Boston […]
Paris-based rail engineering firm Alstom has announced its results for the 2023 financial year, with EBIT (earnings before interest and tax) profits of €997 million ($1.08 billion), and a future order book worth €18.9 billion ($ 20.4 billion). However, despite the apparently positive numbers. the company also reported that overall it had a net loss […]
EAST CHICAGO, Ind. — The Norfolk & Western Business Car 300 Preservation Society will host an open house and unveiling ceremony to celebrate completion of the restoration of the railcar this Saturday, May 18, at Professional Locomotive Services in East Chicago. Admission is free. In additional to tours of the newly restored car, the event […]
JUNEAU, Alaska — A bill to fund two Alaska Railroad projects met with mixed results in the state Senate Finance Committee, the news site Must Read Alaska reports. The committee retained the original measure in House Bill 122, which authorizes up to $75 million in bonds for a new Seward dock and related facilities [see […]
BOSTON — The union representing coach cleaners and car inspectors for MBTA commuter rail service have reached a tentative contract agreement including a significant raise and paid sick leave for the first time. Transportation Workers Union Local 2054 reached agreement with Keolis, contract operator of the MBTA commuter system, last week following a 10-hour negotiating […]
IRVINE, Ky. — Kentucky Steam Heritage Corp. has received a donation of vintage parts and equipment valued at well over $200,000 from Patriot Rail to aid the non-profit organization’s restoration of C&O 2-8-4 No. 2716 and stock the group’s locomotive shop. The donation includes some 37,000 pounds of parts, tools, and supplies from a Patriot […]
Canadian Pacific Kansas City expects to see continued international and cross-border intermodal growth across its network thanks to a combination of ample port capacity and the railway’s ability to tap new markets, CEO Keith Creel says. On the international side, the ports of Vancouver, British Columbia; Saint John, New Brunswick; and Lazaro Cardenas, Mexico, each […]
