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Rail Industry News

CP Rail borrows cash to cut pension deficit

(Source: Globe and Mail, November 28, 2011) TORONTO — Canadian Pacific Railway Ltd. is borrowing $500 million (U.S.) to reduce its pension deficit, a move designed to give the company more room to invest in its train network. Full story: Globe and Mail

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CP Rail borrows cash to cut pension deficit

(Source: Globe and Mail, November 28, 2011) TORONTO — Canadian Pacific Railway Ltd. is borrowing $500 million (U.S.) to reduce its pension deficit, a move designed to give the company more room to invest in its train network. Full story: Globe and Mail

read more

Hoffa reelected as Teamsters General President

(Source: Journal of Commerce, November 18, 2011) WASHINGTON, D.C. — James P. Hoffa was re-elected to a fourth term as general president of the Teamsters union Friday, winning 60 percent of the vote. Fred Gegare of Wisconsin won 23 percent of the vote, while for New...

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Hoffa reelected as Teamsters General President

(Source: Journal of Commerce, November 18, 2011) WASHINGTON, D.C. — James P. Hoffa was re-elected to a fourth term as general president of the Teamsters union Friday, winning 60 percent of the vote. Fred Gegare of Wisconsin won 23 percent of the vote, while for New...

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New bridge to connect Va. to NE Corridor

(Source: Progress-Index, November 24, 2011) PETERSBURG, Va. — As part of the major railroad line that connects Virginia with the Northeast Corridor, Norfolk Southern is building a new passenger rail line from Hamtpon Roads through Petersburg. City officials say that...

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New bridge to connect Va. to NE Corridor

(Source: Progress-Index, November 24, 2011) PETERSBURG, Va. — As part of the major railroad line that connects Virginia with the Northeast Corridor, Norfolk Southern is building a new passenger rail line from Hamtpon Roads through Petersburg. City officials say that...

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