Class 1

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Harrison named CSX head; Ward to become consultant CSX said March 6 that E. Hunter Harrison has been named CEO of the Class 1. Michael Ward, who was originally scheduled to retire from the top job at the end of May, will become a consultant to the railroad; both are effective immediately.

report-from-aar-confirms-freight-railroads-deep-connection-to-international-trade
An assessment released by the Association of American Railroads (AAR) found that the impact of trade on the freight railroad industry is responsible for at least 42 percent of rail carloads and intermodal units, and...
ferromex-owner-to-acquire-florida-east-coast-railway
FERROMEX owner Grupo México confirmed in a statement to the Mexican stock exchange on March 27 that it has reached an agreement to acquire a 100% stake in Florida East Coast Railway Holding Corporation (FEC). The...
union-pacific-plans-increase-in-nw-iowa-track-speeds-consolidates-pocatello-unit-management
Union Pacific will increase the maximum track speed limit from 40 to 49 mph on the rail line paralleling Highway 60 in northwest Iowa next month. Train speeds at Sibley, Ashton, Sheldon and Hospers crossings will...
ctc-allocates-60-million-to-california-rail-projects
The California Transportation Commission (CTC) allocated more than $217 million to 72 projects in the state including more than $60 million for state rail projects.   "Caltrans is working to ensure every dollar counts when it comes...
portageville-bridge-construction-begins
Bridge engineering firm Modjeski and Masters announced the start of steel construction on the main arch span of the Portageville Bridge across the Genesee River in Letchworth State Park in Portageville, New York. The Portageville Bridge,...

fra-publishes-quarterly-ptc-status-update
The Department of Transportation's (USDOT) Federal Railroad Administration (FRA) released a status update today on railroads' progress implementing positive train control (PTC) systems in the fourth quarter of 2016. The status update, based on railroad-submitted quarterly...
trump-administration’s-proposed-budget-cuts-usdot-funds-by-13-percent-tiger-amtrak-long-distance-train-funding-gone
The Trump Administration released its proposed 2017 budget, which includes reducing funds to the U.S. Department of Transportation and eliminating Amtrak's long distance train funding, as well as popular transportation grants.   The budget requests $16.2 billion...
scpa-breaks-ground-on-second-inland-port
The South Carolina Ports Authority (SCPA) broke ground March 10 on the Inland Port Dillon, which is slated to open in early 2018. Inland Port Dillon will support growing intermodal cargo volumes between the Port of...
railroads-outpace-all-us-infrastructure-in-new-report-card
American railroads earned a grade of B for infrastructure while the rest of the U.S. sectors got a barely-passing D+ in the latest report card from the American Society of Civil Engineers. The quadrennial report depicts...
tierney-to-succeed-batory-at-conrail
Conrail's Board of Directors has named Timothy Tierney president and chief operating officer, effective April 1. Tierney succeeds Ronald Batory, who is retiring after nearly 46 years in the railroad industry.   A 39-year Conrail veteran—both iterations,...

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