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Kansas City Southern 2017 capital program to be in $550-$560M range
Kansas City Southern will spend between $550-$560 million on it's capital program in 2017, which is a four to five percent reduction from its 2016 capital program of $584 million.
Union Pacific targets $3.1 billion capital program in 2017
Union Pacific aims to spend approximately $3.1 billion on its 2017 capital program, pending approval by the Class 1's Board of Directors.
CTC allocates more than $25 million to California freight, rail transit projects
The California Transportation Commission (CTC) has allocated more than $127 million to 49 projects to maintain the state's infrastructure systems.
BNSF plans $3.4 billion capital plan for 2017
BNSF Railway Company (BNSF) has announced a $3.4 billion capital expenditure plan for 2017. ¬
Henderson named president of R.J. Corman Railroad Services; Rush to serve as SVP Commercial Development R.J. Corman Railroad Group
R. J. Corman Railroad Group, LLC, named Nathan Henderson as president of R. J. Corman Railroad Services, LLC, and of Noel Rush to serve as senior vice president Commercial Development,…
Keith Creel takes helm of CP; E. Hunter Harrison retires
Canadian Pacific Railway Limited (CP) has announced the appointment of Keith Creel as the company‚Äôs president and CEO effective Jan. 31. The change follows E. Hunter Harrison's decision to retire…
KCS Ottensmeyer to lead U.S.-Mexico working group
Kansas City Southern (KCS) President and CEO Patrick Ottensmeyer has been named as the U.S. chairman of its strategic trade initiatives working group by the U.S.-Mexico CEO Dialogue. ¬
KCS subsidiary appoints Kurt Jacobs as VP transportation
Kansas City Southern (KCS) announced Jan. 9 that its subsidiary, KCSM Servicios S.A. de C.V. (KCSMS), has appointed Kurt Jacobs as vice president transportation.¬ ¬
Minnesota governor proposes "make up" bonding bill with $91M for rail
Minnesota Gov. Mark Dayton and Lt. Governor Tina Smith introduced a bill that would spend $1.5 billion to build more than 240 projects across the state, including more than $91…
BNSF, J.B. Hunt request arbitration for intermodal agreement revenue division
J.B. Hunt Transport Services, Inc., and BNSF have both requested a panel of arbitrators review their Joint Service Agreement revenue division.
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