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Financial Edge February 2017: Chuck the steering wheel out the window
Written by: David Nahass, Financial EditorAmong the daredevil set, the cadre of YouTube videos of drivers that attempt to stress the limitations of Tesla’s driver assist (or self-driving) mode...
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Road & Rail Services earns TDSI accolades
Written by: William C. Vantuono, Editor-in-ChiefRoad & Rail Services, Inc., a Louisville, Kentucky-based provider of rail-related services in North America, recently earned the 2016 Core Values...
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VIDEO: In Chicago, Norfolk Southern opens locomotive repair center
Written by: Stuart Chirls, Senior EditorNorfolk Southern today opened a new locomotive maintenance and repair facility in Chicago, enhancing its services in the largest U.S. rail hub. The $9.5-million...
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CSX calls special shareholders meeting to consider Harrison proposals
Written by: Stuart Chirls, Senior EditorCSX late on Feb. 14 called a special meeting of shareholders to consider what it termed “extraordinary requests” by hedge fund Mantle Ridge LP and former...
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Jason Seidl: CSX, EHH getting close?
Written by: William C. Vantuono, Editor-in-ChiefLate on Feb. 14, CSX Corp. announced it plans to hold a special shareholder meeting on Feb. 16 after discussions for E. Hunter Harrison to take over the...
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New Amtrak Charger locomotives testing on Cascades route
Written by: Stuart Chirls, Senior EditorNational certification testing of Amtrak’s new Charger locomotive is being conducted by the Washington State Department of Transportation. The WSDOT said that...
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Mild rail freight traffic upswing continues
Written by: William C. Vantuono, Editor-in-ChiefThe Association of American Railroads (AAR) on Feb. 15 reported that total U.S. rail traffic for the week ending Feb. 11, 2017 up 2.6% compared with the...
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Brooks new CMO for Canadian Pacific
Written by: Stuart Chirls, Senior EditorCanadian Pacific has promoted John Brooks to senior vice-president and chief marketing officer, responsible for business units and sales and marketing staff...
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Moorman to Congress: "New era" of Amtrak investment required
Written by: Stuart Chirls, Senior EditorThe head of Amtrak told lawmakers a new era of infrastructure investment is needed to ensure a healthy future for long-distance passenger rail travel in the U.S....
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STB adjusts rail productivity measure, calls public meeting
Written by: Stuart Chirls, Senior EditorThe Surface Transportation Board announced that it is adopting a tentative new measure of average change in railroad industry productivity for 2011-15. The...
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CP campaign touts preventative use of in-cab cameras for safety
Written by: Stuart Chirls, Senior EditorCanadian Pacific Railway on Tuesday launched an awareness campaign highlighting the safety benefits of the prevetative use of inward-facing cameras in the cabs...
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SoftBank buys Florida East Coast owner
Written by: Stuart Chirls, Senior EditorSoftBank Group Corp. has acquired Fortress Investment Group LLC, parent of Florida East Coast Railway and TRAC Intermodal, for $3.3 billion in cash. Florida East...
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More rain whipsaws BNSF with outages in NorCal, PNW
Written by: Stuart Chirls, Senior EditorHigh water blocked BNSF's Lakeside Subdivision between Spokane and Pasco, Wash., Thursday in the twisting, narrow Hatton Coulee between Hatton and Connell....
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It’s getting a bit windy around Jacksonville
Written by: William C. Vantuono, Editor-in-ChiefPress releases disguised as letters? Or letters disguised as press releases? In a corporate power struggle, either method can be deployed with the intent...
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China to order 586 locomotives, 40,000 freight cars
Written by: Keith Barrow, Associate Editor, International Railway JournalChina Railway Investment Corporation (CRIC) has issued RFPs (requests for proposals) for contracts to supply 586 electric...
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Gertler rejoins HNTB
Written by: William C. Vantuono, Editor-in-ChiefPeter Gertler, AICP, has rejoined HNTB Corp. as a Senior Vice President in a corporate and national strategic business development role. He is based in...
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CEO/GM sought for MBTA
Written by: William C. Vantuono, Editor-in-ChiefThe Massachusetts Department of Transportation (MassDOT) has launched a search for a permanent CEO and General Manager for the Massachusetts Bay...
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New from NSC: High-capacity cottonseed/woodchip gondolas
Written by: William C. Vantuono, Editor-in-ChiefNational Steel Car (NSC) and Curry Rail Services of Hollidaysburg, Pa., have teamed up to build new, high-capacity gondolas for cottonseed and woodchip...
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USDOT defers Caltrain electrification funding
Written by: Keith Barrow, Associate Editor, International Railway JournalCaltrain has warned that the viability of its project to electrify the 52-mile San Jose-San Francisco corridor may be in...
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For Wabtec, a challenging 2016
Written by: William C. Vantuono, Editor-in-ChiefWabtec Corp. on Feb. 21 reported results for 2016’s fourth quarter and full year, and issued financial guidance for 2017, that reflects “significant...
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