Railroad News

Kansas City Southern has promoted Ashley Thorne from assistant vice president to vice president of investor relations. She succeeds William Galligan, who retired, and reports to KCS Executive VP and Chief Financial Officer Michael Upchurch.

Galligan joined KCS in 1992 and developed the company’s corporate communications and investor relations programs. He became AVP of investor relations for both the railroad and the company’s financial services companies in 1992, and VP of investor relations in 2008.  Prior to joining KCS, Galligan worked for 13 years for a publicly-owned electric utility in Connecticut.
 
"I would like to thank Bill for his outstanding efforts to serve the investment community for 25 years, and always representing KCS as a shareholder-friendly company,” said Upchurch in a press release.

Kansas City Southern has promoted Ashley Thorne from assistant vice president to vice president of investor relations. She succeeds William Galligan, who retired, and reports to KCS Executive VP and Chief Financial Officer Michael Upchurch.

Galligan joined KCS in 1992 and developed the company’s corporate communications and investor relations programs. He became AVP of investor relations for both the railroad and the company’s financial services companies in 1992, and VP of investor relations in 2008.  Prior to joining KCS, Galligan worked for 13 years for a publicly-owned electric utility in Connecticut.
 
"I would like to thank Bill for his outstanding efforts to serve the investment community for 25 years, and always representing KCS as a shareholder-friendly company,” said Upchurch in a press release.

CN today announced it chose Toyo Engineering Canada Ltd. to design and carry out a pilot project associated with producing CanaPux™ pellets.

The project is a key step toward demonstrating the commercial viability of moving bitumen in solid form by rail, CN officials said in a press release. The Class I worked with InnoTech Alberta to develop CanaPux, solid and dry pellets that are designed to float in water. The pellets won’t leak or dissolve, so there’s minimal risk of environmental contamination to oceans, lakes and rivers, CN officials said.

CN today announced it chose Toyo Engineering Canada Ltd. to design and carry out a pilot project associated with producing CanaPux™ pellets.

The project is a key step toward demonstrating the commercial viability of moving bitumen in solid form by rail, CN officials said in a press release. The Class I worked with InnoTech Alberta to develop CanaPux, solid and dry pellets that are designed to float in water. The pellets won’t leak or dissolve, so there’s minimal risk of environmental contamination to oceans, lakes and rivers, CN officials said.

By This email address is being protected from spambots. You need JavaScript enabled to view it., Managing Editor

A little more than a month after dropping plans to help develop and fund an expansion to the Howard Street Tunnel in Baltimore, CSX has reentered discussions about the project with state and local partners.

By This email address is being protected from spambots. You need JavaScript enabled to view it., Managing Editor

A little more than a month after dropping plans to help develop and fund an expansion to the Howard Street Tunnel in Baltimore, CSX has reentered discussions about the project with state and local partners.

CSX this afternoon announced that its board unanimously appointed James Foote president and chief executive officer, effective immediately.

He succeeds E. Hunter Harrison, who died Dec. 16 shortly after taking medical leave. Harrison had led the Class I since March. Foote — who joined CSX in October as executive vice president and chief operating officer — served as acting CEO in Harrison’s absence.

CSX this afternoon announced that its board unanimously appointed James Foote president and chief executive officer, effective immediately.

He succeeds E. Hunter Harrison, who died Dec. 16 shortly after taking medical leave. Harrison had led the Class I since March. Foote — who joined CSX in October as executive vice president and chief operating officer — served as acting CEO in Harrison’s absence.

Cad Railway Industries Ltd. has acquired rail-car repair company Caltrax Inc. The transaction will enable Quebec-based Cad to reinforce its freight servicing capabilities and solidify its market position by gaining a network across Canada of on-site repair facilities, Cad officials said in a press release. In addition, Caltrax's mobile repair service units are expected to boost Cad's customer service. Financial details of the acquisition were not disclosed.

Canadian rail contractor Allied Track Services has acquired Pittsburg Bottom Line Co., a Texas-based railroad bridge contractor. RR Mergers & Acquisitions advised Pittsburg Bottom Line on the sale. Allied Track Services provides maintenance of way and other related rail services from four locations across Canada, according to a press release issued by RR Mergers. Financial terms of the acquisition were not disclosed.

The Massachusetts Bay Transportation Authority (MBTA) will be issued the first installment of federal grant, $100 million for the Green Line Extension (GLX) light-rail project.

The Massachusetts Bay Transportation Authority (MBTA) will be issued the first installment of federal grant, $100 million for the Green Line Extension (GLX) light-rail project.

Jacobs Engineering Group Inc. completed the acquisition of CH2M. Jacobs says the move strengthens its position to provide innovative government, infrastructure and industrial professional services.

"This is a transformative step-change that brings together the industry's foremost expertise and services to fulfill our vision to provide leading-edge solutions for a more connected, sustainable world," said Jacobs Chairman and CEO Steve Demetriou. "Since our August announcement, we have held meetings with thousands of CH2M and Jacobs employees, and I cannot overstate the enthusiasm we share about our future together. Today, we are celebrating the creation of a new Jacobs with even greater aspirations to do meaningful work around the world, heartened by clients who have eagerly anticipated this combination."

Jacobs Engineering Group Inc. completed the acquisition of CH2M. Jacobs says the move strengthens its position to provide innovative government, infrastructure and industrial professional services.

"This is a transformative step-change that brings together the industry's foremost expertise and services to fulfill our vision to provide leading-edge solutions for a more connected, sustainable world," said Jacobs Chairman and CEO Steve Demetriou. "Since our August announcement, we have held meetings with thousands of CH2M and Jacobs employees, and I cannot overstate the enthusiasm we share about our future together. Today, we are celebrating the creation of a new Jacobs with even greater aspirations to do meaningful work around the world, heartened by clients who have eagerly anticipated this combination."

The Southeastern Pennsylvania Transportation Authority (SEPTA) in mid-January will begin phasing out the sale of tokens at cashiers' booths and vending machines in Market-Frankford and Broad Street Line subway stations.

With token sales declining as riders move to the reloadable "Key" card fare payment system, about half of station vending machines on the lines have been removed. During a six-week period, SEPTA will remove the 40 remaining token machines from the lines, with token sales at all these locations expected to end in March.

New York Gov. Andrew Cuomo this week announced the state will pursue legal action to try to stop Iowa Pacific Holdings from storing thousands of rail cars in Adirondack Park.

The state's Department of Environmental Conservation has filed a petition for waivers and exemptions with the Surface Transportation Board (STB) to support the state's application for "adverse abandonment."

North American rail volume for the week ending Dec. 16 climbed 7.8 percent to 733,320 carloads and intermodal units compared with volume in the same week last year, according to the Association of American Railroads (AAR).

Thirteen U.S., Canadian and Mexican railroads hauled 363,454 carloads during the week, a 6 percent year-over-year increase. Intermodal units totaled 369,866 units, up 9.7 percent, AAR officials said in a press release.

The Transportation Security Administration (TSA) and the Los Angeles County Metropolitan Transportation Authority (Metro) last week tested a new device to detect bombs and explosives.

The testing, which took place at the 7th/Metro Station in downtown L.A., was part of Metro's ongoing efforts to test different technologies to improve security on the transit system, agency officials wrote in a blog post.