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Concerns amid discussions with Mantle Ridge, Hunter Harrison prompts CSX to call special meeting
CSX has called a special meeting of shareholders for March 16, 2017, "to seek shareholder guidance on certain extraordinary requests of Mantle Ridge and Hunter Harrison."
Canadian Pacific names Brooks CMO
Canadian Pacific has enhanced its sales and marketing team in a move the railroad said will better meet the needs of its current and potential customers.
Dewberry to develop master plan for Carolina Connector
Dewberry, a privately held professional services firm, has been selected by the North Carolina Department of Transportation (NCDOT) to develop a transportation and freight master plan for the new Carolina…
CN plans CA$2.5 billion capital program in 2017
Canadian National has planned a CA$2.5 billion (US$1.9 billion) capital program in 2017, down CA$25 million (US$19 million) from 2016.
Broken axle caused events resulting in fiery Casselton accident
A broken axle has been cited as the probable cause of a series of events that resulted in two derailed trains and close to 476,000 gallons of crude oil being…
Biloxi eyes closing six crossings in order to build two
Biloxi, Miss., is considering the closure of six out of the city's 29 crossings to accommodate road extensions and is working with CSX to identify the best options.
Union Pacific board approves $3.1 billion 2017 capital program
The Board of Directors of Union Pacific approved its $3.1 billion capital program for 2017.
KCS plans $25 million investment on Beaumont Subdivision in 2017
The Kansas City Southern Railway Company (KCSR), a subsidiary of Kansas City Southern (KCS), is investing $25 million into construction and improvement projects to upgrade its Beaumont Subdivision this year.¬…
AAR estimates freight railroads will spend $22 billion on capital programs in 2017
The Association of American Railroads (AAR) estimates U.S. freight railroads will spend an estimated $22 billion in 2017 on capital programs.
Chao sworn in as Secretary of Transportation
Elaine Chao has been confirmed by the U.S. Senate and sworn in to serve as the 18th Secretary of Transportation.
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