OLI’s Murphy new VP at DART
Dallas Area Rapid Transit (DART) has named Operation Lifesaver, Inc., President Bonnie Murphy as Vice President Commuter Rail & Railroad Management. Murphy will complete her term with non-profit OLI Nov. 1.
Dallas Area Rapid Transit (DART) has named Operation Lifesaver, Inc., President Bonnie Murphy as Vice President Commuter Rail & Railroad Management. Murphy will complete her term with non-profit OLI Nov. 1.
Union Pacific Corp. had third quarter net income of $1.2 billion, or a $1.50 per share, up from $1.1 billion, or $1.36, in the year-ago quarter, on improved pricing despite flat intermodal volume and weaker overall carloads.
Total U.S. rail traffic for the week ending Oct. 21 was 559,989 carloads and intermodal units, up 3% from the same week a year ago, according to the Association of American Railroads. Traffic totaled 268,943 carloads, up 0.2%, while intermodal volume was 291,046 containers and trailers, up 5.6%, and a record for a single week.
Recent acquisitions helped boost results for component and systems provider Wabtec Corp. in the third quarter as sales of existing equipment in the transit and freight categories faced “challenging market conditions.”
North Shore Railroad Co. & Affiliates has promoted Jebediah Stotter to president and chief executive officer, succeeding chairman Gary Shields, who has retired.
Norfolk Southern Corp. reported third-quarter net income of $506 million, up 10% on-year, as income from railway operations increased 11% to $911 million and the operating ratio fell to a quarterly record 65.9%. Earnings per share totaled $1.75, up 13% from the previous year.
Canadian National reaffirmed full-year financial estimates on third-quarter revenue that was 7% higher and earnings that were essentially unchanged.
BNSF Railway selected Farmrail as its 2017 Shortline of the Year at its annual Shortline Conference. The holding company for Class 3 carriers Grainbelt Corp. and Farmrail Corp. was recognized for its entrepreneurial spirit and diligence in attracting new customers.
Union Pacific has unveiled No. 1943 “The Spirit of the Union Pacific” locomotive at San Antonio’s Sunset Station, the 16th commemorative locomotive in the railroad’s 155-year history The arrival of the EMD SD70AH kicks off UP’s Salute to the Military Tour, a series of community displays across its network.
Union Pacific has named Jon Panzer vice president and treasurer; Jennifer Hamann vice president-Planning and Analysis, and Bryan Clark vice president-Tax. The company said Mary Jones, vice president and treasurer, and Pat O’Malley, vice president-Tax have announced their retirements.