Harsco Rail promotes Branham to executive team
Harsco Rail has announced the promotion of Allen Branham to vice president of its North America Sales and Global Contracting Services division.
Harsco Rail has announced the promotion of Allen Branham to vice president of its North America Sales and Global Contracting Services division.
Walter J. Winzen, founder and chief executive of Transportation Products Sales Company (TPSC) died at home Jan. 19 of heart failure.
David Warner has been named Northwest Pacific district manager, Seattle office area manager and vice president of WSP USA, formerly WSP | Parsons Brinckerhoff.
Kansas City Southern reported record fourth quarter 2017 revenues of $660 million, an increase of 10% from fourth quarter 2016. Overall, carload volumes increased 5% compared to the prior year, also a fourth-quarter record.
Canadian Pacific Railway had its best-ever fourth quarter, with revenues up 5% to $1.71 billion and an operating ratio of 56.1 for the October-December 2017 period. The Calgary-based company said earnings per share increased 159% to $6.77, which included an income tax recovery of $527 million, primarily as a result of U.S. tax reform net of Canadian provincial tax rate increases. Adjusted diluted earnings rose 6% to a new quarterly record of $3.22.
Container volume grew 9% in 2017 for the South Carolina Ports Authority, with a record-setting 2.2 million twenty-foot equivalent container units (TEU) handled during the year.
The California High-Speed Rail Authority on Jan. 17 named Brian P. Kelly as its new chief executive officer, the same day it received a new report that found delays and higher-than-expected costs would inflate the price of the project by $2.8 billion.
The Central Maine & Québec Railway has named Chad Mowery as Vice President Operations, a promotion that was effective Jan. 1, and J. Wesley Logan as General Manager Operations, effective Jan. 15.
Railroads are seeing the benefits of surging energy shipments to Mexico from the United States, as fuel exports have increased by 40% in the past two years.
MARTA, Atlanta’s transit operator, plans to replace its entire railcar fleet, the single biggest item on its to-do list in 2018.