Archive for April, 2010
CSXT, Delaware and Hudson Propose Joint Use Arrangement for Improved Service
Posted Friday, April 30, 2010 in CSX, Canadian Pacific
JACKSONVILLE, Fla. — CSX Transportation and Canadian Pacific subsidiary Delaware & Hudson Railway Company (D&H), have filed an application with the Surface Transportation Board (STB) for regulatory approval of a joint use arrangement that improves operating efficiency for both CSXT and D&H.
Kansas City Southern Reports First Quarter Revenue Increase
Posted Friday, April 30, 2010 in Kansas City Southern
KANSAS CITY, Mo. — Kansas City Southern reported first quarter 2010 revenues of $436.3 million, a 26% increase compared to the corresponding 2009 period.
Double digit revenue improvements were experienced in each of the reported [...]
Union Pacific Is First Railroad to Earn Eastman Chemical Company’s Highest Level Supplier Excellence Award
Posted Friday, April 30, 2010 in Union Pacific
OMAHA, Neb. — Union Pacific is the first railroad to earn the Eastman Chemical Company Supplier Excellence Award for overall company performance.
The award signifies consistent performance in providing Eastman with high-quality products and services and working on Eastman’s behalf to improve the company’s efficiency and competitiveness. It represents the highest level of all awards presented [...]
CN, Halifax Port Authority and Port Terminal Operators Introduce Innovative Supply-Chain Partnership Framework
Posted Thursday, April 29, 2010 in Canadian National
MONTREAL — CN, the Halifax Port Authority (HPA), Cerescorp Company Limited (Ceres) and Halterm Container Terminal Limited (Halterm) announced “an innovative agreement” to better measure and align each party’s performance in the Halifax Gateway supply chain and enhance the port’s role as a preferred gateway on the east coast to Ontario, Quebec and the U.S. [...]
Genesee & Wyoming Reports Results for the First Quarter of 2010
Posted Thursday, April 29, 2010 in Miscellaneous
GREENWICH, Conn. — Genesee & Wyoming Inc. reported net income in the first quarter of 2010 of $16.0 million, compared with net income of $13.9 million in the first quarter of 2009.
GWI’s diluted earnings per share (EPS) in the first quarter of 2010 were $0.39 with 41.4 million weighted average shares outstanding, compared with diluted [...]
Cressie Brown Named VP-Service Design and Advanced Technology
Posted Thursday, April 29, 2010 in CSX
JACKSONVILLE, Fla. — Cressie Brown, a 22-year veteran, has been named CSX Transportation’s Vice President-Service Design and Advanced Technology, reporting to David Brown, Executive Vice President and Chief Operating Officer. The appointment is effective immediately.
Amtrak is Working on the Railroad in 2010
Posted Thursday, April 29, 2010 in Amtrak
WASHINGTON – As the 2010 construction season gets underway, Amtrak is embarking on $1 billion construction program to fund capital projects designed to rebuild, upgrade and modernize its tracks, bridges, stations and other critical infrastructure along the busy Northeast Corridor and across the country, including Chicago, Los Angeles, Seattle and the Miami area.
“We are investing [...]
Union Pacific Railroad Earns Third Consecutive TRANSCAER National Achievement Award
Posted Wednesday, April 28, 2010 in Union Pacific
OMAHA, Neb. — Union Pacific Railroad has earned the prestigious TRANSCAER National Achievement Award for the third consecutive year. The award recognizes extraordinary achievement in support of the TRANSCAER (Transportation Community Awareness and Emergency Response) initiative. TRANSCAER is the voluntary national outreach effort to help communities prepare for and respond to a possible hazardous material [...]
Amtrak Reaches Tenative Agreements for New Labor Contracts with IBEW, IAM, JCC and TCU
Posted Wednesday, April 28, 2010 in Amtrak
WASHINGTON – Amtrak has reached tentative agreements on new labor contracts with the International Brotherhood of Electrical Workers (IBEW), International Association of Machinists and Aerospace Workers (IAM), the Joint Council of Carmen, Coach Cleaner and Helpers (JCC) and the Transportation Communications International (TCU) covering the period of Jan. 1, 2010, through Jan. 1, 2015.
The new [...]
Norfolk Southern Reports First-Quarter 2010 Results
Posted Wednesday, April 28, 2010 in Norfolk Southern
NORFOLK, Va. — For the first quarter of 2010, Norfolk Southern Corp. reported net income of $257 million, or $0.68 per diluted share, 45 percent higher compared with $177 million, or $0.47 per diluted share, for the first quarter of 2009.
|
Search
Recent
|