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Rail Industry News

Hunter Harrison hunts for his biggest deal yet

(Source: Bloomberg, November 16, 2015) NEW YORK — A railroader for more than five decades, Hunter Harrison is a dealmaker who helped drive the industry’s initial consolidation wave in the 1990s. Now, his Canadian Pacific Railway Ltd. is exploring a takeover of U.S....

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Metra approves 2016 fare hike

(Source: Chicago Tribune, November 11, 2015) CHICAGO — As Metra approved a "modest" fare increase Wednesday that drew few complaints from the public, officials indicated the agency could someday give discounts to riders who travel during off-peak times. Full story:...

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Intermodal delays vexing shippers

(Source: Arkansas Online, November 13, 2015) LITTLE ROCK, Ark. — Traffic on U.S railways has been rising over the past several years. In 2014, there was an increase of 1.2 million shipments, which included 665,630 intermodal containers according to the white paper....

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Amtrak’s Gateway project moves ahead

(Source: Railway Age, November 12, 2015) NEW YORK — Federal and Amtrak officials and state officials from New York and New Jersey announced Nov. 11, 2015 that they have reached an agreement on funding commitments and a governance structure that will allow the...

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