Freight

PHMSA & FRA want to temporarily suspend movement of LNG by rail

On November 8, the U.S. DOT’s Pipeline and Hazardous Materials Administration (PHMSA) published a notice of proposed rule making that would suspend the transportation of liquefied natural gas by rail until more research and testing can be done to ensure the safety of moving this commodity by rail.

Anacostia Rail Holdings names advisory board

To assist the company in meeting its strategic objectives, the railroad holding company Anacostia Rail Holdings (ARH) has created an Advisory Board made up of individuals with extensive leadership experience in the railroad industry.

CN to shareholders: ‘We are not in the OR business’

After months of taking a beating from the Surface Transportation Board on it’s proposed merger with Kansas City Southern, along with a salvo of criticism and expression of interest in achieving a controlling interest in the railroad by TCI, a hedge fund based in the United Kingdom, Canadian National’s board of directors fired back today with a strongly-worded letter to shareholders and the investment community.

CN CEO Jean-Jacques (JJ) Ruest to retire

CN announced on October 19 that Jean-Jacques (JJ) Ruest will retire as president and chief executive officer and as a member of the Board of Directors of the Company, effective as of the end of January 2022, or such later time as a successor has been appointed to ensure a flawless transition.