Jenifer Nunez, assistant editor

Jenifer Nunez, assistant editor

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Canadian Pacific (CP) Chief Executive Officer E. Hunter Harrison has been inducted into the Maritime Association of Port of New York & New Jersey's International Maritime Hall of Fame.

Thursday, 09 May 2013 11:26

Altus acquires Rocla Concrete Tie

Altus Capital Partners, an investment firm focused on middle-market manufacturing companies in the U.S., has acquired Rocla Concrete Tie, Inc., manufacturer of pre-stressed concrete railroad ties.

Wednesday, 08 May 2013 12:05

CP increases 2013 capital investment

Canadian Pacific (CP) will move forward certain capital spending projects originally targeted for 2014 into this year, funded by a higher than anticipated 2013 cash-flow projection. CP will be investing an additional CA$75 (US$74.8) to CA$100 (US$99.7) million into its 2013 capital investment program.

Veteran transit manager Joseph Leader has been named New York City Transit's (NYCT) acting senior vice president, Department of Subways, filling the position most recently held by Carmen Bianco, who is currently serving as acting president of NYCT.

Wednesday, 08 May 2013 11:57

UP earns logistics award

Union Pacific (UP) earned Nissan Motor Company's 2012 Logistics Carrier Conference Logistics Success Story Award, which identifies carriers and providers that went above and beyond normal expectations in the past year.

Tuesday, 07 May 2013 12:22

Watco names new COO

Watco Mechanical Services (WMS) named Mark Peterson-Overton as chief operating officer. He will be responsible for managing all hands-on operational aspects of Watco Mechanical Services on a daily basis.

Gross & Janes Co. has entered into an agreement to manage and operate two green crosstie processing facilities owned by Boatright Railroad Products in Montevallo and Clanton, Ala.

The Chicago Transit Authority (CTA) has issued an Invitation for Bids, seeking a general contractor for the $203-million reconstruction of the Wilson Red Line station. Work is tentatively scheduled to begin this fall and continue through 2016.

The 107th American Railway Development Association Annual Meeting June 2-5 in San Francisco, Calif., will feature presentations from a long list of industry professionals.

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