The General Excise and Use Tax (GET) surcharge collected this past quarter for Honolulu's rail project came in significantly higher than projected, marking the third consecutive quarter that revenue has surpassed projections, the Honolulu Authority for Rapid Transportation reported.
Canadian National and Canadian Pacific reached separate 10-year agreements with Canpotex Limited to transport potash volumes that Canpotex ships to export martkets.
By a nearly 4-to-1 margin, members of the Brotherhood of Locomotive Engineers and Trainmen ratified a new collective bargaining agreement with Amtrak. Ballots were counted and the final tally was 77.5 percent in favor and 22.5 percent against.
Union Pacific plans to put $1 billion investment in Nebraska over the next several years as part of its capital investment programs.
TÜV Rheinland Rail Sciences, a subsidiary of TÜV Rheinland in North America, has acquired Rail Safety Consulting, a company specializing in addressing the safety needs and regulations affecting modern electronic-based train control and signal systems.
David L. Starling, president and chief executive officer of Kansas City Southern, has been named 2012 Railroader of the Year by Railway Age magazine. Railway Age and Railway Track & Structures are both owned by Simmons-Boardman Publishing Co.