CN plans to invest C$1.75 billion (US$1.46 billion) in 2012 to maintain and upgrade its railway network, support growth and productivity initiatives and continue to provide customers with a high level of service.
Norfolk Southern Corporation earned the top ranking among railroads in the S&P 500 Clean Capitalism Ranking published by Corporate Knights, a media, research and financial products company that focuses on clean capitalism.
The U.S. Department of Transportation's Research and Innovative Technology Administration (RITA) recently launched the U.S. DOT Research Hub website, a searchable database of the latest agency-sponsored research, development and technology projects.
Kevin Clyne has joined RailComm as the director of transit sales. He is based in Northern New Jersey.
Koppers Inc. received a purchase order to supply treated crossties to Vale in South America. The estimated revenues from the order are $9-$11 million, and the order is expected to be completed during 2012.
Claude Mongeau, president and chief executive officer of Canadian National, said Canadian business and governments must take bold steps to develop world-class enterprises that will drive the nation's competitiveness in global markets.
Union Pacific will invest $200 million in three projects across South Louisiana to expand operations, creating 225 new direct jobs, retaining 1,100 employees and creating 1,500 construction jobs.