Morningstar, Inc., named E. Hunter Harrison of Canadian Pacific its 2013 CEO of the Year. Morningstar annually recognizes a chief executive who exhibits exemplary corporate stewardship, demonstrates independent thinking, creates lasting value for shareholders and has put his or her stamp on an industry.
U.S. Rep. Adam Smith (D-WA-9) has reintroduced the Freight Infrastructure Reinvestment Act of 2014 (FIRA), a bill he says will support improvements to infrastructure and transportation in the national freight mobility network.
In 2013, CSX and its customers worked together to develop 121 new or expanded facilities on the CSX rail network or its connecting shortline partners. These facilities represent $3 billion in customer investments and more than 1,600 new job opportunities at those facilities.
Pacific Imperial Railroad has named David Arganbright senior vice president of corporate development.
The Virginia Department of Rail and Public Transportation (DRPT) and Norfolk Southern have entered into an agreement to improve rail related infrastructure between Lynchburg and Roanoke. The improvements will allow passenger rail to once again serve the Roanoke Region.
Norfolk Southern says that it participated in the location of 67 new industries and the expansion of 25 existing industries along its rail lines in 2013.
Union Pacific has placed D. Lynn Kelley and Joseph O’Connor in new positions within the organization.
Watco Transportation Services has hired Brad Peot as marketing manager for the Wisconsin & Southern Railroad. He will work to develop industrial development opportunities, support organic growth in carloads and revenue while supporting and applying the Watco Customer First Foundation Principles.
Watco Transportation Services appointed Steve Coomes to vice president of operations, transportation services. He will be responsible for the continued development and improvement of safety, service, growth, people, asset utilization and efficiency in all areas of Watco Transportation Services. This will cover both railroad and switching sites.
Canadian Pacific (CP) and Genesee & Wyoming Inc. (GWI) have executed an agreement pursuant to which CP will sell the west end of its Dakota, Minnesota & Eastern (DM&E) line to GWI for continued rail operations.
New York State Department of Transportation (NYSDOT) received an $18.5-million grant from the U.S. Department of Transportation (USDOT) to reduce passenger and freight train congestion along Amtrak’s Empire Corridor at the Syracuse, N.Y., train station.
The Federal Railroad Administration (FRA) published a Final Rule on Dec. 24, 2013, that increases the rail equipment accident/incident reporting threshold for 2014 from $9,900 to $10,500.
The North Carolina Railroad Company (NCRR) paid a $15.5-million dividend to the state of North Carolina on December 20, 2013 to be designated for a freight rail and safety fund to support the state’s economic development efforts.
Watco Terminal and Port Services appointed Earon Berotte to terminal manager at the Greens Port Crude by Rail Terminal in Houston, Texas.
Kansas City Southern’s President and CEO David Starling issued his annual State of the Railroad letter sharing KCS’ “successes and tremendous potential.”
Kinder Morgan Energy Partners L.P. and Imperial Oil have entered into a 50-50 joint venture to build a crude oil rail-loading facility in Strathcona County, Alberta, called the Edmonton Rail Terminal.
Union Pacific has awarded 21 grants to community-owned railroad safety initiatives across its 23-state operating system. Ranging from $500 to $5,000, the grants support initiatives developed by community organizations to enhance and promote railroad safety through activities tailored for their communities.
U.S. Sen. Charles Schumer (D-NY) launched his push for the Short Line Railroad Rehabilitation and Investment Act of 2013 while visiting Saratoga Train Station in New York.
Pacific Imperial Railroad is moving forward with plans to provide freight rail services to the Tijuana-Tecate region of Baja California by naming Charles Patterson as chief commercial officer.
