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.
The Association of American Railroads (AAR) estimates U.S. freight railroads will spend an estimated $22 billion in 2017 on capital programs.
Elaine Chao has been confirmed by the U.S. Senate and sworn in to serve as the 18th Secretary of Transportation.
Keith Creel has assumed the role as president and chief executive officer of Canadian Pacific Railway (CP), becoming the 17th person to lead the company since 1881.
The House Transportation and Infrastructure Committee will hold its first hearing of the 115th Congress next week and will explore how and what to build in order to meet the needs of the 21st century.
Parks Canada and Canadian Pacific Railway have completed their Canada-CP Grizzly Bear Research Initiative and will now institute measures aimed at reducing railway related risks to grizzly bears.
Union Pacific achieved its best annual employee-safety rate in 2016, improving on the record set in 2015 and making 2016 the safest year in the Class 1’s 154-year history.
The Foothill Gold Line light-rail extension from Glendora to Montclair will begin construction in October 2017 and take two years longer to complete according to a new schedule.
Norfolk Southern on Jan. 24 named six people to new Vice President positions and duties, and announced the retirement of two long-time executives.
The Railway Engineering-Maintenance Suppliers Association (REMSA) shared Jan. 24 its three advocacy priorities for 2017.
CSX revealed a preliminary 2017 capital investment of $2.2 billion during its Fourth Quarter earnings call on Jan. 18.
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 aims to spend approximately $3.1 billion on its 2017 capital program, pending approval by the Class 1’s Board of Directors.
The California Transportation Commission (CTC) has allocated more than $127 million to 49 projects to maintain the state’s infrastructure systems.
BNSF Railway Company (BNSF) has announced a $3.4 billion capital expenditure plan for 2017.
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, R.J. Corman Railroad Group effective immediately. Both will continue to report to R.J. Corman Railroad Group President and CEO Ed Quinn.
Canadian Pacific Railway Limited (CP) has announced the appointment of Keith Creel as the company’s president and CEO effective Jan. 31. The change follows E. Hunter Harrison’s decision to retire from the railroad.
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.
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 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 million in rail projects.
J.B. Hunt Transport Services, Inc., and BNSF have both requested a panel of arbitrators review their Joint Service Agreement revenue division.