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Nov
19

CSX, NCDOT open Carolina Connector intermodal terminal

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Nov
19

CSX, NCDOT open Carolina Connector intermodal terminal

Rail News Home CSX Transportation 11/19/2021 Rail News: CSX Transportation
At a grand opening ceremony held yesterday, officials with CSX and NCDOT, which shared construction costs, hailed the terminal opening as a positive development for both the regional economy and the nation's supply chain. Photo – NCDOT/CSX

The Carolina Connector (CCX) intermodal terminal has officially opened for business northeast of Raleigh, North Carolina.

The facility, which is considered one of the most technologically advanced facilities on the CSX network, will help relieve port and highway congestion by adding rail-to-truck transfer capacity for domestic and international container shipments, CSX officials said in a press release.

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Nov
18

Rail supplier news from RSI, Railhead, Thales and Huber+Suhner (Nov. 18)

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Nov
18

RTD-Denver offering $4,000 hiring bonuses for rail, bus employees

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Nov
18

Trinity Metro TEXRail names Anderson first female engineer

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Nov
18

MBTA opens two new Green Line stations

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Nov
18

Ohio rail panel OKs grant to replace tracks on NDW line

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Nov
18

U.S. freight-rail volume dips 4.7% in Week 45

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Nov
18

USDOT awards RAISE grants to fund rail projects in Washington

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Nov
18

Canadian Pacific launches debt offering in U.S., Canada

Rail News Home Canadian Pacific 11/18/2021 Rail News: Canadian Pacific
Canadian Pacific is issuing a debt offering in the United States and Canada. The net proceeds will be used to help fund CP's acquisition of Kansas City Southern.In the United States, CP is issuing $1.5 billion of 1.35% notes due 2024, $1 billion of 1.75% notes due 2026, $1.4 billion of 2.45% notes due 2031, $1 billion of 3.0% notes due 2041 and $1.8 billion of 3.1% notes due 2051, which will be guaranteed by CP, according to a company press release.The U.S. offering is due to close Dec. 2.In Canada, CP is issuing CA$1 billion of 1.589% notes due 2023 and CA$1.2 billion of 2.54% notes due 2028, which will be guaranteed by CP. The Canadian offering is expected to close Nov. 24.

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Nov
18

Canadian Pacific launches debt offering in U.S., Canada

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Nov
17

Rail supplier news from Stadler, Alstom and STV (Nov. 17)

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Nov
17

Long Island Rail Road opens first new station in 50 years

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Nov
17

Ports of L.A., Long Beach delay consideration of container dwell fee

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Nov
17

Progressive Railroading hires Connatser, Kavanaugh

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Nov
17

CREATE partners mark completion of Metra-CP crossover upgrades

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Nov
17

FTA grant funds available for transit mobility, innovation projects

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Nov
17

CN listed on Dow Jones Sustainability World Index for 10th consecutive year

Rail News Home Canadian National Railway - CN 11/17/2021 Rail News: Canadian National Railway - CN
CN today announced it has been included on the Dow Jones Sustainability World Index (DJSI World) for the 10th consecutive year, and is also on the North America Index for the 13th straight year.The world index represents the top 10% of the world’s 2,500 largest companies (as evaluated by S&P Global), while the North America index represents the top 20% of North America’s 600 largest companies that demonstrate sustainability initiatives. Dow Jones' corporate sustainability assessment evaluated the economic, environmental and social criteria for meeting index designation.CN’s environmental, social and governance (ESG) targets and goals include the following:
• Reduce Scope 1 and 2 greenhouse gas (GHG) emissions by 43% per million gross ton miles and reduce Scope 3 GHG emissions from fuel- and energy-related activities 40% per million gross ton miles by 2030 from a 2019 base year;
• Interim 6% intensity-based reduction in locomotive GHG emissions by 2022 from a 2017 base year;
• Reduce Criteria Air Contaminants intensity by 6% by 2022 from a 2017 base year;
• Eliminate serious injuries and fatalities from the workplace and reduce train accidents;
• Attain by 2022 and thereafter maintain an executive management team in which at least 30% are women; and
• Attain by 2022 and thereafter maintain a board composition in which at least 50% of the non-management board members come from diverse groups"Our inclusion in the Dow Jones Sustainability indices for both North America and the world validates our ongoing commitment to be a sustainability leader and is the result of the hard work and dedication of our railroaders," said CN President and CEO JJ Ruest in a press release. "We will continue to take meaningful steps towards our goal to be the safest and most carbon‑efficient, operationally effective and customer‑centric railroad in North America."

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Nov
17

CN listed on Dow Jones Sustainability World Index for 10th consecutive year

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Nov
17

BNSF to STB: Extend CP-KCS comment period to assess impact on Mexico

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