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Rail Industry News

Tiffany & Co. hires former CP Rail CFO

(Source: Canadian Press, September 13, 2016) TORONTO — Jewellery retailer Tiffany & Co. has named a former Canadian Pacific Railway executive as its new chief financial officer. Full story: Winnipeg Free Press

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‘Pokemon Go’ players find danger near railroads

(Source: The Hill, August 24, 2016) WASHINGTON, D.C. — The maker of the wildly popular “Pokemon Go” game is being warned about players who are hunting virtual characters near railroad tracks. In a joint letter to Niantic Labs Inc., the Federal Railroad Administration...

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FRA announces status update on PTC

(Source: Inside GNSS, August 24, 2016) WASHINGTON, D.C. — The Federal Railroad Administration (FRA) last week released a status update that calls for railroads to roll out Positive Train Control (PTC) technologies, which incorporates GNSS technology, as soon as...

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RRB financial reports

(Source: Railroad Retirement Board press release, September 1, 2016) WASHINGTON, D.C. — The Railroad Retirement Board (RRB) is required by law to submit annual financial reports to Congress on the financial condition of the railroad retirement system and the railroad...

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STB: Four Class I’s revenue-adequate in 2015

(Source: Railway Age, September 9, 2016) NEW YORK — The Surface Transportation Board (STB) on Sept. 8, 2016 announced its annual determination of revenue adequacy for U.S. Class I freight railroads for 2015. Of the "Big Seven" (five U.S. carriers and two U.S....

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