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Kokomo railroad to reopen after $5.5 million rehabilitation project
Twelve miles of inactive railroad running through the city of Kokomo to Tipton, Ind., will soon be reopened to rail freight traffic by early 2014.
CP EVP/COO resigns
Mike Franczak, executive vice president and chief operations officer for Canadian Pacific, has resigned.
KCS appoints vice president sales and marketing
Kansas City Southern has appointed Stephen Schollaert as vice president sales and marketing. In this position, he leads the carload business unit for The Kansas City Southern Railway Company (KCSR)…
GWI completes RailAmerica acquisition
Genesee & Wyoming Inc. has completed the acquisition of RailAmerica, Inc. and entered into a new five-year Senior Secured Credit Facility comprised of a $1.875 billion term loan and $425…
AAR: Freight rail industry invests $23 billion so taxpayers don’t have to
In 2012, the freight rail industry will invest $23 billion to build, maintain and upgrade the nation's rail network, according to two new ads released by The Association of American…
CN to build two training facilities in Canada and U.S.
Canadian National revitalized its company-wide employee training program, which will be anchored by two modern training centers to be built in Winnipeg, MB, Canada, and in suburban Chicago, Ill.
FEMA will reimburse MTA for storm damage along Port Jervis line
Federal Emergency Management Agency (FEMA) will reimburse $1,581,244 in disaster funding to New York Metropolitan Transportation Authority for damages mainly along the Metro-North Port Jervis line that runs parallel to…
Rail-delivered sand will move faster through upgraded terminal
Norfolk Southern trains hauling sand used in extracting natural gas from the Marcellus Shale formation soon will have the ability to unload five times faster due to a $20 million…
Metro-North celebrates complete reconstruction of the Tarrytown Station
The reconstruction of New York's Metropolitan Transportation Authority Metro-North Tarrytown Station, the second busiest station on the Hudson Line, has been completed under budget, on schedule after three years of…
Union Pacific names Duren executive vice president
Union Pacific named Diane Duren executive vice president. She will be responsible for strategic planning, administration and human resources upon two senior executive retirements in February. Duren also will become…
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