Latest Rail News
Cascade Investment, LLC., whose sole member is Microsoft founder Bill Gates, acquired 35,784 Common Shares of Canadian National Railway Company. With this purchase, Cascade now holds 37,392,378 shares, representing approximately 8.14 percent of the outstanding shares. In addition, Bill ...
The Federal Railroad Administration has agreed to a request by railroads to scale back the number of rail route miles over which positive train control must be implemented before January 2016, according to the report by the United Transportation Union. Railroads asserted that since the ...
Norfolk Southern and Union Pacific Railroad have been named to Corporate Responsibility Magazine's 100 Best Corporate Citizens List for 2011. Norfolk Southern ranked 79th on the magazine's 12th annual list. This is the third time NS has been on the list, while UP was ranked 81 and appeared on t ...
Congress passed the Surface Transportation Extension Act of 2011, legislation to extend highway, transit and highway safety programs through the end of September, clearing the measure for signature by the President. The legislation freezes funding at fiscal year 2010 levels for highway, transit ...
The Surface Transportation Board issued the following: The STB has acknowledged that coal dust poses a serious problem for railroad safety and operations, and found that BNSF Railway Company's attempt to mitigate those problems was not reasonable. Arkansas Electric Cooperative ...
The Federal Railroad Administration has proposed a rule that would make it easier for the public to report unsafe conditions at highway-rail grade crossings. The proposal would require railroads to establish toll-free telephone numbers to allow the public to report malfunctioning highway-rail gr ...
Fortune named Union Pacific the most admired company among trucking, transportation and logistics companies. Fortune expanded the category this year to include railroads. The magazine publishes its annual World's Most Admired list in the March 21 edition. Union Pacific ranked No. 1 in s ...
Kansas City Southern has appointed Larry Haskell as assistant vice president IT operations and transportation systems and promoted Michelle Kelly from director to assistant vice president compensation and benefits. "We are pleased that Larry has joined KCS' IT organization," ...
AECOM, provider of professional technical and management support services for government and commercial clients around the world, as part of a joint venture, has been awarded a $21.5-million contract from the Los Angeles County Metropolitan Transportation Authority. The joint venture wi ...
The Union Pacific Foundation is granting $7.4 million in 2011 to continue funding The Principals' Partnership and hundreds of projects submitted by nonprofit organizations. Now in its 10th year, The Principals' Partnership is the Union Pacific Foundation's signature giving program. It w ...
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