Latest Rail Industry News
Bonnie D. Shepherd
Canadian Pacific (CP) has announced that Mark Erceg, executive vice president and chief financial officer, is stepping down as chief financial officer, effective September 9. Nadeem Velani has been appointed interim vice president and chief financial officer.
Canadian Pacific Railway (CP) has announced the resignation of Bill Ackman from its Board of Directors, effective immediately. CP has also appointed two new members to the board, Jill Denham and William R. Fatt.
Alabama & Tennessee River Railway, LLC (ATN), an affiliate of OmniTRAX, Inc., is increasing the speed limit on the line between G
FreightCar America, Inc. has named James “Jim” America vice president human resources, effective August 29, 2016.
Frank Lonegro, CSX Corporation executive vice president and chief financial officer, updated the company’s third quarter expectations and full-year guidance at the Cowen and Company 9th Annual Global Transportation Conference in Boston.
Photo: courtesy of BNSF.
BNSF Railway (BNSF) will offer faster intermodal service to move freight between the Pacific Northwest and Texas starting on September 12.
Sound Transit contractors JCM Northlink LLC, a joint venture of Jay Dee Contractors, Frank Coluccio Construction Company, and Michels Corporation, have completed mining the last tunnel segment for the Northgate Link Extension twin tunnels.