Class 1

New CP Board appoints Tobias interim CEO

Canadian Pacific Board of Directors appointed newly-elected Director, Stephen Tobias, as interim CEO. Tobias is a 40-year veteran of the railroad industry and former vice chair and chief operations officer of Norfolk Southern. In 2008, Tobias was awarded Railway Age magazine’s Railroader of the Year award.

NCRR, CATS and NS reach agreements for LYNX Blue Line extension

The North Carolina Railroad Company, the Charlotte Area Transit System and Norfolk Southern signed lease, construction and operating agreements for the LYNX Blue Line Extension light-rail project along the North Carolina Railroad corridor. The 2.7-mile section begins near East 12th Street and ends a half mile east of Eastway Drive in Charlotte, N.C.

CP’s Green steps down, five directors will not stand for re-election

Fred Green, president and chief executive officer of Canadian Pacific has stepped down, effective immediately. Green leaves the company following 34 years of dedicated service. In addition, Green has resigned as a director and will not stand for re-election at the company’s shareholder meeting.

CalAmp receives initial production orders for PTC radios

CalAmp Corp., provider of wireless products, services and solutions, received initial purchase orders totaling approximately $5 million to supply interoperable Positive Train Control radios to two North American Class 1 railroads for delivery in the second half of calendar 2012.

Invensys Rail and DPS Electronics sign agreement

Invensys Rail and DPS Electronics entered into a manufacturer’s licensing arrangement under which DPS may manufacture and sell its end of train devices (EOTs) with certain telemetry features patented by Invensys. For those EOTs, Invensys Rail will provide the communications, central office services and end-user experience through its software as a service business hosted at www.eotph.com and commonly referred to as EOT Phone Home.

Invensys Rail acquires PHW, Inc.

Invensys Rail Corp. acquired PHW, Inc., from the current owner/managers for up to $24,000,000.00. The company will operate as a wholly-owned subsidiary of Invensys Rail Corp.

KCS pursues public safety improvements through engineering

There are three components to Kansas City Southern’ U.S. public safety program, education, enforcement and engineering. KCS works closely with Operation Lifesaver on the education and enforcement components. Example activities include Officer on a Train events, like the one in May in Gulfport, Miss., that yielded 42 citations for violations at public crossings; the multitude of presentations given by employees who volunteer their time to speak to community organizations about public safety and KCS police participation with local law enforcement at annual public safety expos throughout Louisiana.

PUCO approves upgrade of rail crossing in Butler County

The Public Utilities Commission of Ohio approved construction authorization from the Ohio Rail Development Commission, authorizing Norfolk Southern to install flashing lights and gates at the Station Road/Township Road 120 (524-701M) grade crossing in West Chester Township, Butler County.

STB approves Michigan rail line assets transfer

The Surface Transportation Board said the Michigan Department of Transportation does not need board approval to acquire certain physical assets of a Norfolk Southern rail line in Michigan to enable MDOT’s plans for high-speed passenger rail service over the line.

KCS appoints new senior vice president and chief information officer

Kansas City Southern appointed Michael Naatz as senior vice president and chief information officer with responsibility for information technology and business planning. Naatz will report to KCS president and chief executive officer David Starling.

“Mike is a great addition to the KCS team,” said Starling. “His extensive transportation leadership experience will enhance our information technology efforts and business planning capabilities.”

Naatz has 18 years of transportation experience. He joins KCS from USF Holland, a YRCW company, where he served as president for the past year. Since USF was acquired by YRCW in 2005, he held the position of chief information and service officer, as well as a variety of other leadership positions for YRCW, including customer service and enterprise management. Prior to the acquisition, he held similar positions with USF for 11 years.