Haddad named EVP of the Northeast Maglev

The Northeast Maglev (TNEM) appointed Nazih Haddad to executive vice president, effective February 3. Haddad will manage the development of a high-speed rail system between Washington, D.C., and New York City, using Superconducting Maglev (SCMAGLEV) technology.

CSX sets 2015 capital expenditures at $2.5 billion

CSX Corporation had a lot of good news for investors during this mornings Quarter 4 2014 earnings conference call including record fourth-quarter 2014 net earnings. The railroad also unveiled that it will target a $2.5-billion capital expenditure program in the upcoming year. In 2014, the railroad targeted a $2.3-billion capital spend program.

La Caisse enters agreement with Quebec government to focus on public transit system projects

La Caisse de dépôt et placement du Québec has entered into an agreement with the Québec government establishing a business model for the execution of major infrastructure projects. The model updates the government’s business practices by entrusting la Caisse with the execution of infrastructure projects, which will speed up their delivery and strengthen Québec’s economic growth. For la Caisse, the deal represents an opportunity to grow Quebecers’ savings by developing and operating assets that will generate commercial returns.

BNSF adds director of tribal relations

BNSF‘s new director of tribal relations, Chris Howell, will focus on strengthening and reinforcing BNSF relationships with Native American tribes. That focus will include a lot of “windshield” time as Howell travels the system making connections with the 86 tribes that BNSF touches every day – and more than 150 within close driving range of the BNSF rail network.