Jenifer Nunez, assistant editor

Jenifer Nunez, assistant editor

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Wednesday, 21 January 2015 15:01

CP names new SVP sales and marketing

Canadian Pacific has appointed Timothy Marsh to senior vice-president sales and marketing, effective Feb. 1, 2015.

Karen Hedlund, former deputy administrator of the Federal Railroad Administration (FRA), has been named director of public-private partnerships (P3s) in the strategic consulting group of Parsons Brinckerhoff.

Sound Transit has been approved for a $1.33-billion Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for construction of the East Link Light Rail Extension Project.

Metro-North is starting 2015 with rebuilding efforts and attention to major safety initiatives. The track improvements that defined 2014 are moving along and the railroad also expects continued progress as the last of the 405 M-8 cars are placed into service on the New Haven Line this spring.

Koppers Inc. has acquired the creosote distribution business of KMG Chemicals, Inc., for $12.5 million plus the fair market value of inventory, which is estimated at $3 million. In addition to inventory, the acquisition includes the transfer of leased railcars and storage tanks from KMG to Koppers, as well as various customer agreements. Operating results from this business will be included in Koppers Carbon Materials and Chemicals business segment.

RailComm completed the installation of an advanced remote switch and third rail heater control system for the Southeastern Pennsylvania Transportation Authority (SEPTA).

L.B. Foster Company acquired TEW Engineering Ltd., a U.K.-based engineering group that designs, manufactures and supports applications for rail markets and other industries. The 100-year-old firm specializes in rail engineering solutions for control room, passenger information and trackside signaling applications.

Canadian National has negotiated a tentative labor agreement with the Teamsters Canada Rail Conference-Rail Canada Traffic Controllers (TCRC-RCTC) union.

Claude Mongeau, president and chief executive officer of Canadian National, says CN's substantial investments in its U.S. Midwest operations, particularly the former Elgin, Joliet and Eastern Railway (EJ&E), are keeping its network fluid,

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