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KCS’ first quarter OR drops below 70%
Written by: Carolina Worrell, Managing EditorKansas City Southern (KCS) on April 19, 2016 reported a first quarter 2016 operating ratio of 66.6%, a 2.3-point improvement from 70.5% in first quarter...
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Trackmobile presents awards for distributor excellence
Written by: Carolina Worrell, Managing EditorTrackmobile presented its top four performing distributors with Awards of Excellence for 2015 during its annual Specialist Meeting and Awards Banquet....
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For Wi-Tronix, orange is the new Violet™
Written by: William C. Vantuono, Editor-in-ChiefWi-Tronix, the global provider of LDARS (Locomotive Data Acquisition Recording Systems), has been identified for many years by its iconic purple Wi-PU....
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Guest Blog: Doomed from the start
Written by: James E. Coston, Chairman, Corridor Capital LLCThe federal-state partnership to build 130 modern bi-level passenger rail coaches for higher-speed rail (HrSR) corridors in the states of...
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Glenn joins Wells Fargo Rail as CCO
Written by: William C. Vantuono, Editor-in-ChiefWilliam Glenn, a 14-year rail industry veteran, has joined railcar and locomotive leasing company Wells Fargo Rail as Chief Commercial Officer. Glenn...
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CP: Record Q1 results, and a share repurchase
Written by: William C. Vantuono, Editor-in-ChiefDespite a 4% drop in revenues, Canadian Pacific Railway Ltd. posted its lowest-ever first-quarter operating ratio of 58.9% and reported diluted earnings...
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RBN Energy: "Massive" over-capacity at Gulf Coast CBR terminals
Written by: William C. Vantuono, Editor-in-ChiefAn RBN Energy LLC analysis shows that about 1.7 million barrels per day of crude by rail (CBR) unload capacity has been built out and is operating in the...
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BNSF honors 109 shippers for excellence in product safety
Written by: Carolina Worrell, Managing EditorBNSF Railway Company (BNSF) on April 19, 2016 honored 109 shippers with the railroad’s 19th Annual Product Stewardship Award for the safe transportation of...
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NRE acquires HK Engine Components, LLC
Written by: Carolina Worrell, Managing EditorNRE Hagerstown, an affiliate of NRE, on April 15, 2016 announced that it has finalized the acquisition of the assets of HK Engine Components, LLC (HKEC), a...
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Down, down goes the freight traffic
Written by: Carolina Worrell, Managing EditorFreight traffic still shows no signs of growth in the week ending April 16, 2016, as carloads and intermodal units were both down nearly 13% and 7.5%,...
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UP: Solid OR offsets volume decline
Written by: Carolina Worrell, Managing EditorUnion Pacific on April 21, 2016 reported 2016 first-quarter net income of nearly $1 billion, or $1.16 per diluted share, compared to about $1.2 billion, or...
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NS downsizing Knoxville Yard
Written by: Carolina Worrell, Managing EditorNorfolk Southern Corp. on April 20, 2016 announced that it will downsize its Knoxville, Tenn., classification yard, effective May 1. “The action is in...
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Violet™ capabilities previewed
Written by: William C. Vantuono, Editor-in-ChiefPrior to its rollout at the Wi-Tronix Chicago Conference on May 17, 2016, the company has revealed several features of its all-new Violet™ Locomotive...
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Crosbie crosses out NJT
Written by: William C. Vantuono, Editor-in-ChiefNew Jersey Transit will have to resume its search for a new Executive Director, as William Crosbie, who was hired by the agency in early April to replace...
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NS first quarter demonstrates "significant progress"
Written by: William C. Vantuono, Editor-in-ChiefNorfolk Southern, having shaken off unwanted suitor Canadian Pacific, reported “strong first-quarter [2016] results [that] demonstrate the significant...
View ArticleA new regulatory rat hole worth watching
Written by: Frank N. Wilner, Contributing EditorNews item: Executive Order No. 13725, issued April 15 by President Obama, and published in the April 20 Federal Register, mandates that Executive Branch...
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Amtrak’s ‘Trails and Rails’ program adds NYC – Washington, D.C. route
Written by: Carolina Worrell, Managing EditorThe National Park Service (NPS), in partnership with Amtrak, has added the New York to Washington, D.C. Saturday morning route as part of its Trails and...
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NRC holds 2016 Rail Construction & Maintenance Equipment Auction
Written by: Carolina Worrell, Managing EditorThe National Railroad and Construction and Maintenance Association, Inc. (NRC) held its annual Railroad Construction and Maintenance Equipment Auction on...
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NCTD receives TSA’s Gold Standard Award for security
Written by: Carolina Worrell, Managing EditorThe Transportation Security Administration (TSA) presented on April 21, 2016 the North County Transit District (NCTD) with the Gold Standard Award at the...
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CSX lands on Best Corporate Citizens List for fourth time
Written by: Carolina Worrell, Managing EditorCSX on April 22, 2016 announced that it has been recognized as one of Corporate Responsibility Magazine’s Best Corporate Citizens for 2016 “reflecting [the...
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