WASHINGTON — U.S. Transportation Secretary Ray LaHood announced $1 million for the State of West Virginia to develop a state rail plan that will serve as a blueprint for guiding the state’s rail investment strategies.
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Archive for March, 2011 Metrolinx Acquires Commuter Rail Segment of CN’s Kingston Subdivision TORONTO — Metrolinx has purchased a section of CN’s Kingston Subdivision rail line, used primarily for commuter and passenger rail operations in eastern Toronto, for C$299 million. CP: Investing $100 Million in North Dakota BISMARCK, N.D. — Canadian Pacific today announced the investment of $100 million in North Dakota between 2010 to 2012. The investment plan will expand network capacity and enhance rail service in order to meet increased traffic demands. CSX CEO Cites Certainty, Balance, Investment and Education as Keys to American Competitiveness JACKSONVILLE, Fla. — The chief executive of a leading transportation company in North America, CSX Corporation’s Michael J. Ward, said that America’s future competitiveness depends on balanced government fiscal and regulatory policies that minimize uncertainty for business. General Motors Recognizes Union Pacific With Best Supplier Award OMAHA, Neb.– General Motors honored Union Pacific with a 2010 Supplier of the Year award at its annual awards presentation. CSX: Strong Results in 2010 Annual Report JACKSONVILLE, Fla. — CSX Corp. announced that proxy materials for its 2011 Annual Shareholders Meeting are now available. Optimistic Outlook Follows ‘Strong’ 2010, Norfolk Southern CEO Says in Annual Report NORFOLK, Va. — Looking ahead with optimism after last year’s second-highest earnings ever, Norfolk Southern Corporation CEO Wick Moorman says in the 2010 Annual Report that the company is prepared for “the volumes we expect throughout 2011 and beyond, in what I believe will continue to be a growing market for our transportation products.” Norfolk Southern Provides Japan Disaster Relief NORFOLK, Va. — Norfolk Southern announced two actions in relation to the March 11 earthquake and tsunami that resulted in severe loss of life and physical damage in Northern Japan. NS: Arbitration Panel Ruling Unfavorable NORFOLK, Va. — Norfolk Southern said it received “an unfavorable ruling” an March 18 from an arbitration panel regarding an insurance claim arising out of the Jan. 6, 2005, derailment in Graniteville, S.C. |
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