Freight

CP EVP/COO resigns

Mike Franczak, executive vice president and chief operations officer for Canadian Pacific, has resigned.

KCS appoints vice president sales and marketing

Kansas City Southern has appointed Stephen Schollaert as vice president sales and marketing. In this position, he leads the carload business unit for The Kansas City Southern Railway Company (KCSR) and reports to KCS executive vice president sales and marketing Patrick Ottensmeyer.

GWI completes RailAmerica acquisition

Genesee & Wyoming Inc. has completed the acquisition of RailAmerica, Inc. and entered into a new five-year Senior Secured Credit Facility comprised of a $1.875 billion term loan and $425 million revolving credit facility.

Union Pacific names Duren executive vice president

Union Pacific named Diane Duren executive vice president. She will be responsible for strategic planning, administration and human resources upon two senior executive retirements in February. Duren also will become corporate secretary at that time.

DEIR affirms benefits of proposed BNSF rail facility in Southern California

The updated Draft Environmental Impact Report (DEIR) released by the Port of Los Angeles affirms that BNSF’s proposed Southern California International Gateway (SCIG) facility will result in an overall improvement in air quality, health risk and traffic in both the immediate neighborhoods around the site and throughout the region.

Greenfield, Ohio receives EDA grant for rail spur

The Village of Greenfield, Ohio, received a $2.2-million grant from the Economic Development Administration (EDA) for improvements to a rail line in Highland County. The project is expected to create 72 jobs and save more than 800 at local companies.

ARRC washout repair going better than expected

Alaska Railroad Corporation (ARRC) track repair crews have made better-than-expected progress in repairing a major washout that has left 500 feet of the mainline track dangling just south of Gold Creek (ARRC Milepost 261, about 35 miles north of Talkeetna).

CP hires vice president and CIO

Canadian Pacific appointed Michael Redeker to vice president and chief information officer, effective October 15, 2012. Redeker was most recently chief information officer at ATB Financial.

VTrans plans railyard project in Burlington, Vermont

The city of Burlington, Vt., and the Vermont Agency of Transportation (VTrans) is planning a new railyard project that will link Pine and Battery streets through a new urban street grid, creating a multi-modal network of rail, truck, car, transit, bike and pedestrian connections to access Burlington’s southern waterfront and railyard.