2/24/2017
Rail News: Security
Railroad News
Feb
24
Feb
24
2/24/2017
Rail News: Mechanical
Feb
24
2/24/2017
Rail News: Passenger Rail
Feb
24
Rail News Home CSX Transportation 2/24/2017 Rail News: CSX Transportation
CSX Corp. has extended the deadline for board nominations to March 10, the company confirmed yesterday.The announcement marks the second time the Class I has extended the deadline this year for nominations to serve on the board. The action comes as the railroad faces proposals from hedge fund Mantle Ridge LP that include installing former Canadian Pacific Chief Executive Officer E. Hunter Harrison as CSX's next CEO.CSX announced last week that it will schedule a special meeting for shareholders to consider the proposals. Earlier this week, the company announced that Chairman and CEO Michael Ward and President Clarence Gooden will retire May 31. Chief Sales and Marketing Officer Fredrik Eliasson has been appointed president.Also this week, CSX said that it will eliminate about 1,000 management employees through an "involuntary separation program" that will be completed next month. Contact Progressive Railroading editorial staff. More News from 2/24/2017
CSX Corp. has extended the deadline for board nominations to March 10, the company confirmed yesterday.The announcement marks the second time the Class I has extended the deadline this year for nominations to serve on the board. The action comes as the railroad faces proposals from hedge fund Mantle Ridge LP that include installing former Canadian Pacific Chief Executive Officer E. Hunter Harrison as CSX's next CEO.CSX announced last week that it will schedule a special meeting for shareholders to consider the proposals. Earlier this week, the company announced that Chairman and CEO Michael Ward and President Clarence Gooden will retire May 31. Chief Sales and Marketing Officer Fredrik Eliasson has been appointed president.Also this week, CSX said that it will eliminate about 1,000 management employees through an "involuntary separation program" that will be completed next month. Contact Progressive Railroading editorial staff. More News from 2/24/2017
Feb
24
2/24/2017
Rail News: CSX Transportation
Feb
24
2/24/2017
Rail News: CSX Transportation
Feb
24
A Request for Qualifications (RFQ) for the Union Station Enhancement project in Toronto, ON, Canada has been issued by Infrastructure Ontario and Metrolinx.
The RFQ is for interested parties to design, build and finance the project, which is required to accommodate the planned expansion of GO Transit rail service, which links into Union Station.
Feb
23
2/23/2017
Rail News: Supplier Spotlight
Feb
23
2/23/2017
Rail News: People
Feb
23
The funds, approved at the Feb. 1, 2017 meeting, will support the design and environmental permitting for new CTrail Hartford Line stations in North Haven, Newington, West Hartford, Windsor, Windsor Locks and Enfield as well as 7.5 miles of double track from Windsor to Enfield. Connecticut Department of Transportation (CTDOT) also says the funding will support the construction of approximately four miles of double track between Hartford and Windsor, which is currently underway.
CTDOT Commissioner James P. Redeker said, "The funding approved by the State Bond Commission reinforces our State's continued commitment to providing new regional passenger rail service on the Hartford Line, which will become the newest component of a robust and vibrant multi-modal regional transportation system."
Feb
23
The U.S. Department of Commerce's Economic Development Administration (EDA) has awarded a $1.2 million grant to the city of Newton, Mississippi, to help expand rail access to the Newton Industrial Park.
According to grantee estimates, the project will create 125 new jobs and spur $85 million in private investment.
Feb
23
Reading & Northern Railroad has named William Clark as senior vice president – Coal where he will be responsible for managing the anthracite coal business, as well as the railroad's freight car fleet of more than 1,200 cars.
Clark joins Reading & Northern from Talen Energy (formerly PPL) where he managed logistics, coal purchasing and the oversight of a fleet of more than 2,000 rail cars serving four power plants. Prior to joining Talen/PPL, Clark spent 14 years at Norfolk Southern and has also worked at the Chicago South Shore and South Bend Railroad and Iowa Interstate Railroad.
Feb
23
2/23/2017
Rail News: Rail Industry Trends
Feb
23
2/23/2017
Rail News: Passenger Rail
Feb
23
2/23/2017
Rail News: Rail Industry Trends
Feb
23
2/23/2017
Rail News: Passenger Rail
Feb
22
2/22/2017
Rail News: Rail Industry Trends
Feb
22
2/22/2017
Rail News: MOW
Feb
22
Rail News Home Canadian Pacific 2/22/2017 Rail News: Canadian Pacific
The logo reflects CP's past and future.Photo – Canadian Pacific
The logo reflects CP's past and future.Photo – Canadian Pacific
Canadian Pacific yesterday unveiled a new logo to commemorate its role in Canada's history as the nation marks its 150th anniversary this year.
The logo combines images that reflect the past and future, CP officials said in a press release.
Feb
22
2/22/2017
Rail News: Canadian Pacific