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Rail Industry News

CSX lays out N.C. terminal plans

(Source: Rocky Mount Telegram, December 9, 2016) ROCKY MOUNT, N.C. — Although a few years away from actual construction and being operational, the high curiosity level surrounding CSX’s Carolina Connector intermodal terminal brought hundreds of people out to the...

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What’s next for Wick Moorman and Amtrak?

(Source: Progressive Railroading, December 8, 2016) When Amtrak Chairman Anthony Coscia learned last year that Joseph Boardman planned to retire as the railroad's president and chief executive officer this fall, one of the first people Coscia thought of as a potential...

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Can CP flourish without Ackman or Harrison?

(Source: Canadian Business, December 7, 2016) TORONTO — On the same day that Canadians celebrate the country’s 150th birthday, a venerable national institution will get a new leader. Next July 1, Keith Creel will take over as CEO of Canadian Pacific Railway Ltd.,...

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Dow transportation stocks set closing record high

(Source: Reuters, December 7, 2016) NEW YORK — The Dow Jones transportation average .DJT hit a record high close, led by increases in shares of Norfolk Southern, Union Pacific and FedEx Corp, giving some investors hope the stock market is poised for further gains....

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GOP plans new assault on unions

(Source: The Hill, December 7, 2016) WASHINGTON, D.C. — Republicans in crucial states across the country are planning a renewed assault on the political power of labor unions after GOP victories in November’s elections handed the party control of states where...

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