11/15/2016
Rail News: Canadian National Railway - CN
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11/15/2016
Rail News: Canadian National Railway - CN
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11/15/2016
Rail News: Canadian National Railway - CN
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The Canadian Council for Aboriginal Business (CCAB) has recognized CN for its commitment to working with Aboriginal communities.
The Class I earned the council's "Progressive Aboriginal Relations" certification, which signals that a company is a good business partner for Aboriginal communities and is committed to their prosperity, CN officials said in a press release.
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David L. Starling, who recently retired as President and CEO of Kansas City Southern, now has an intermodal terminal named after him.
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11/15/2016
Rail News: Short Lines & Regionals
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11/15/2016
Rail News: Kansas City Southern
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11/15/2016
Rail News: Kansas City Southern
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Kansas City Southern has renamed its intermodal facility in Wylie, Texas, after former KCS President and Chief Executive Officer David Starling.
In a ceremony held last week, KCS board members dedicated the David L. Starling Wylie Intermodal Terminal, which opened for operations in July 2015 to serve domestic and international intermodal customers.
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Given the timing of the event — the third quarter had just ended, summer’s sunnier shades had begun to slip into the grey-golds of fall — talk of turning calendar pages colored a number of the conversations I had, particularly in the exhibit hall.
While some rail-industry suppliers said they’d seen signs of year-end light from Class Is moving grain and auto parts, others told me they’d essentially given up the ghost on the rest of 2016. Instead, they were looking ahead — many optimistically — to what they hoped would be a better 2017.
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Given the timing of the event — the third quarter had just ended, summer’s sunnier shades had begun to slip into the grey-golds of fall — talk of turning calendar pages colored a number of the conversations I had, particularly in the exhibit hall.
While some rail-industry suppliers said they’d seen signs of year-end light from Class Is moving grain and auto parts, others told me they’d essentially given up the ghost on the rest of 2016. Instead, they were looking ahead — many optimistically — to what they hoped would be a better 2017.
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11/14/2016
Rail News: Passenger Rail
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11/14/2016
Rail News: Internet-Digital
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Watco Companies, LLC (Watco), and Kinder Morgan Terminals (KMT) have established a definitive agreement for Watco to purchase 20 U.S. bulk terminal operations.
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11/14/2016
Rail News: Kansas City Southern
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11/14/2016
Rail News: Kansas City Southern
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Pacific Ethanol, Inc. (PEIX) and Toledo, Peoria & Western Railway (TPW), a subsidiary of Genesee & Wyoming, Inc. (GWI), began unit train service Nov. 14 from PEIX’s Pekin, Ill., plant.
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The Metra Board of Directors approved the agency's 2017 budget, which includes a fare increase that will fund needed capital requirements.
The $1.06 billion budget provides $781.2 million for operating costs and $279.5 million for capital improvements in 2017. The budget increases fare revenue by 5.8 percent to generate $16.1 million for the agency's huge capital needs.
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11/14/2016
Rail News: People
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The Port Authority of New York and New Jersey (PANYNJ) has proposed a $6 billion 2017 operating and capital budget.
The 2017 PANYNJ proposed operating budget of $3.1 billion will fund ongoing operations, maintenance and security at all agency facilities and provides for the first full year of operations at the World Trade Center Transportation Hub, retail complex and other World Trade Center facilities which opened in phases in 2016.
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