Class 1

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CSX appoints Eliasson as president; Ward, Gooden to retire in May CSX has appointed Fredrik J. Eliasson as president, effective Feb. 15, 2017. Michael J. Ward, chairman and CEO of CSX, and Clarence W. Gooden, president, will retire effective May 31, 2017.

csx-appoints-eliasson-as-president-ward-gooden-to-retire-in-may
CSX has appointed Fredrik J. Eliasson as president, effective Feb. 15, 2017. Michael J. Ward, chairman and CEO of CSX, and Clarence W. Gooden, president, will retire effective May 31, 2017. Eliasson, who is currently CSX's...
tsb-calls-on-transport-canada-to-develop-strategies-to-mitigate-severity-of-dangerous-goods-derailments
The Transportation Safety Board of Canada (TSB) is calling for Transport Canada to develop strategies to reduce the severity of derailments involving dangerous goods, following its investigation into the derailment and fire of a Canadian...
p-campaign-touts-preventative-use-of-in-cab-cameras-for-safety
Canadian Pacific Railway on Tuesday launched an awareness campaign highlighting the safety benefits of the preventative use of inward-facing cameras in the cabs of locomotives.   The company also called on Canada's Minister of Transport to pass...
concerns-amid-discussions-with-mantle-ridge-hunter-harrison-prompts-csx-to-call-special-meeting
CSX has called a special meeting of shareholders for March 16, 2017, "to seek shareholder guidance on certain extraordinary requests of Mantle Ridge and Hunter Harrison."   CSX said it had engaged in discussions with Mantle Ridge,...
canadian-pacific-names-brooks-cmo
Canadian Pacific has enhanced its sales and marketing team in a move the railroad said will better meet the needs of its current and potential customers. CP named John Brooks senior vice president and chief marketing...

dewberry-to-develop-master-plan-for-carolina-connector
Dewberry, a privately held professional services firm, has been selected by the North Carolina Department of Transportation (NCDOT) to develop a transportation and freight master plan for the new Carolina Connector (CCX) intermodal train hub...
cn-plans-ca25-billion-capital-program-in-2017
Canadian National has planned a CA$2.5 billion (US$1.9 billion) capital program in 2017, down CA$25 million (US$19 million) from 2016.   Executives noted during the Class 1's 2016 Fourth Quarter Earnings call that 2017 does not contain...
broken-axle-caused-events-resulting-in-fiery-casselton-accident
A broken axle has been cited as the probable cause of a series of events that resulted in two derailed trains and close to 476,000 gallons of crude oil being spilling near Casselton, N.D. The NTSB...
biloxi-eyes-closing-six-crossings-in-order-to-build-two
Biloxi, Miss., is considering the closure of six out of the city's 29 crossings to accommodate road extensions and is working with CSX to identify the best options. "We share a commitment to safer rail traffic...
union-pacific-board-approves-31-billion-2017-capital-program
The Board of Directors of Union Pacific approved its $3.1 billion capital program for 2017.   The program is down approximately 11 percent, $400 million, from the Class 1's 2016 capital plan of $3.5 billion. "The 2017 capital...

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