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Rail Industry News

RRB names Chief Financial Officer

(Source: Railroad Retirement Board press release, March 15, 2018) CHICAGO — The U.S. Railroad Retirement Board (RRB) has appointed Shawna R. Weekley as its Chief Financial Officer. At the time of her appointment, Ms. Weekley was the RRB’s Deputy Chief Financial...

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Siemens, Alstom agree to merger terms

(Source: Railway Age, March 27, 2018) NEW YORK — The merger of Siemens’ mobility business and Alstom reached a milestone on March 23 with the signing of a Business Combination Agreement (BCA) setting out terms and conditions agreed to by the two companies. Full story:...

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BNSF responds to STB’s service concerns

(Source: Progressive Railroading, March 27, 2018) BNSF Railway Co.'s $3.3 billion capital investment plan will put the railroad in a position to meet customers' growth and service expectations this year, President and Chief Executive Officer Carl Ice told the Surface...

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Plans for new NOLA intermodal hub

(Source: Railway Age, March 26, 2018) NEW YORK — The Port of New Orleans has given its blessing, and more, for a plan to redevelop a defunct city shipyard into an intermodal terminal. Full story: Railway Age

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