NYCT FASTRACK begins on Seventh Avenue Line

Metropolitan Transit Authority New York City Transit is bringing FASTRACK back to the Seventh Avenue Line beginning Monday, October 15, when the 1, 2 and 3 Lines will be shut down from 10 p.m. until 5 a.m., suspending service between 34th Street-Penn Station and Atlantic Avenue-Barclays Center and 34th Street-Penn Station and South Ferry, in both directions for four consecutive weeknights.

CP’s McQuade retires, Grassby named SVP/CFO

Canadian Pacific appointed Brian senior vice–president and chief financial officer (CFO) effective November 1, 2012. Kathryn McQuade has informed the company she will retire from the role of CFO on that date.

Amtrak carries most passengers ever

Amtrak carried more than 31.2 million passengers in Fiscal Year 2012 ending September 30, marking the highest annual ridership total since America’s Railroad® started operations in 1971 and the ninth ridership record during the past ten years.

Harsco Rail secures trio of international orders

Global diversified industrial company Harsco Corporation secured three new international orders within its Harsco Rail group totaling more than $85 million in projected revenues and further adding to the group’s multi-year production backlog.

Union Pacific acquires Oklahoma line

Union Pacific Railroad acquired complete ownership of a rail line in Oklahoma three decades after state officials saved what continues to be a link of commerce through the Sooner State.