Freight

CN names Cory COO; Houle as CFO

Luc Jobin, incoming president and chief executive officer of Canadian National has appointed Mike Cory as executive vice-president and chief operating officer and Ghislain Houle as executive vice-president and chief financial officer, effective July 1, 2016.

R.J. Corman’s King to retire

After nearly four years of dedicated service to R.J. Corman Railroad Group, Craig King he retire from his position as president and chief executive officer and will be assuming a seat on the board of directors.

Meridian Speedway to receive tie, crossing and rail work

Meridian Speedway, LLC (MSLLC), a joint venture between Kansas City Southern (KCS) and Norfolk Southern (NS) for a 320-mile rail line between Meridian, Miss. and Shreveport, La., will invest approximately $28 million in 2016 on construction and improvement projects on its Vicksburg and Meridian Subdivisions.

Vermont approves $33.4 million for rail projects

Vermont Gov. Peter Shumlin on June 2, 2016, signed the FY 2017 Transportation Bill, which approves approximately $612.6 million in infrastructure improvements, including $33.4 million for rail. The bill includes an overhaul of the trespassing regulations to improve safety on Vermont’s rail lines.