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 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, 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 Connector (CCX) intermodal train hub in Rocky Mount, N.C. This facility will serve as a major intermodal transportation center for CSX in the southeast.
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.
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 spilling near Casselton, N.D.
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.
The Board of Directors of Union Pacific approved its $3.1 billion capital program for 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.
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.