Freight

BNSF plans $4.3 billion 2016 capital plan

BNSF Railway released plans for a $4.3 billion 2016 capital expenditure program focuses on helping to ensure the company continues to operate a safe and reliable network this year and beyond.

CSX to consolidate operating divisions

CSX is consolidating its operations administration from 10 divisions to nine and closing administrative offices at Huntington, W.Va. Huntington Division administrative responsibilities will be reassigned to five adjoining divisions: Atlanta, Baltimore, Florence, Great Lakes and Louisville.

Cando Rail Service plans rail terminal in British Columbia

Cando Rail Services is expanding into British Columbia with the recent purchase of an 89-acre parcel of land in Kamloops for a new rail terminal. The terminal will have the capacity for 1,000 railcar storage spots, in addition to providing transloading, material handling, engineering and track and mechanical services.

Hamberger shares the industry’s 2016 goals, sums up 2015 achievements

Association of American Railroads (AAR) President and Chief Executive Officer Edward Hamberger says that the industry will be targeting several key issues in 2016, such as maintaining balanced economic regulation at the Surface Transportation Board (STB), extending the shortline tax credit while laying the groundwork for overall tax reform and advancing security-safety legislation or regulation.

Morsches named CEO of TranSystems

Richard Morsches, PE, has been promoted to chief executive officer of TranSystems Corp. He brings to this role more than 30 years of experience and progressive leadership from serving clients locally in the Chicago area, to managing offices throughout the region, to leading the firm’s strategy and sales efforts nationally.