Freight

Canada prepares legislation to end CP strike

The Honorable Lisa Raitt, Canada’s Labor Minister, said that the federal government has put the Restoring Rail Service Act on notice to end the current Canadian Pacific work stoppage involving the Teamsters Canada Rail Conference.

Illinois HSR corridor work continues

The Illinois Department of Transportation and Union Pacific are upgrading Illinois’ high-speed route, Chicago-St. Louis, for future high-speed Amtrak trains. The improvements for 110-mph service include the installation of new premium rail with concrete ties and ballast; upgrades to bridges, culverts and drainage; signal and wayside equipment installations and upgrades and roadway-rail grade crossing improvements.

RailAmerica, Inc., reviews strategic alternatives

RailAmerica, Inc., stated that its board of directors is considering strategic alternatives, which may include a sale of the company. In connection with its evaluation, the company is engaged in preliminary discussions with third parties regarding a potential sale of the company.

Watco promotes Towner to assistant vice president of operations

Stu Towner has been promoted to the position of assis¬tant vice president of operations for Watco Transportation Services. Towner will be responsible for the continued development and improvement of safety, service, growth, people and efficiency in all areas of WTS. He will be responsible for and participate in, due diligence and transition of new acquisitions within WTS.

New CP Board appoints Tobias interim CEO

Canadian Pacific Board of Directors appointed newly-elected Director, Stephen Tobias, as interim CEO. Tobias is a 40-year veteran of the railroad industry and former vice chair and chief operations officer of Norfolk Southern. In 2008, Tobias was awarded Railway Age magazine’s Railroader of the Year award.

Iowa Pacific to operate Santa Cruz branch line

The Regional Transportation Commission for Santa Cruz County in Southern California authorized the selection of Iowa Pacific Holdings to operate on the Santa Cruz Branch Rail Line. The RTC will enter into an administration, coordination and license agreement with Iowa Pacific to conduct freight and passenger rail service, as well as maintain the line and provide general commercial insurance.

NCRR, CATS and NS reach agreements for LYNX Blue Line extension

The North Carolina Railroad Company, the Charlotte Area Transit System and Norfolk Southern signed lease, construction and operating agreements for the LYNX Blue Line Extension light-rail project along the North Carolina Railroad corridor. The 2.7-mile section begins near East 12th Street and ends a half mile east of Eastway Drive in Charlotte, N.C.

Ohio commission approves crossing work

The Public Utilities Commission of Ohio approved construction authorization from the Ohio Rail Development Commission, authorizing Wheeling & Lake Erie Railway to install flashing lights and gates at the County Road 35A (001-913V) grade crossing in Wyandot County.

CP’s Green steps down, five directors will not stand for re-election

Fred Green, president and chief executive officer of Canadian Pacific has stepped down, effective immediately. Green leaves the company following 34 years of dedicated service. In addition, Green has resigned as a director and will not stand for re-election at the company’s shareholder meeting.