Reading & Northern Railroad has named William Clark as Senior Vice President Coal, where he will be responsible for managing the anthracite coal business, as well as the railroad’s freight car fleet of more than 1,200 cars. His appointment is effective March 1.
Canadian Pacific on Feb. 21 announced it is bringing back its iconic beaver logo, the first version of which appeared in 1886, “as it looks to the future, while re-connecting with its past.”
Wabtec Corp. on Feb. 21 reported results for 2016’s fourth quarter and full year, and issued financial guidance for 2017, that reflects “significant headwinds” in the freight and industrial markets, as well as ongoing effects from its acquisition of Faiveley Transport.
National Steel Car (NSC) and Curry Rail Services of Hollidaysburg, Pa., have teamed up to build new, high-capacity gondolas for cottonseed and woodchip service.
The Massachusetts Department of Transportation (MassDOT) has launched a search for a permanent CEO and General Manager for the Massachusetts Bay Transportation Authority (MBTA).
Peter Gertler, AICP, has rejoined HNTB Corp. as a Senior Vice President in a corporate and national strategic business development role. He is based in Oakland, Calif.
Press releases disguised as letters? Or letters disguised as press releases? In a corporate power struggle, either method can be deployed with the intent of influencing shareholders. Both sides in the power struggle tend to get rather long-winded, to put it politely.
The 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 same week last year. Total U.S. traffic for the first six weeks of 2017 increased 2% over the prior-year period.
Late 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 reins as the next CEO appear to have hit an impasse. Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl weighs in:
GE on Feb. 13 announced goals of having 20,000 women fill STEM (Science, Technology, Engineering and Math) roles by 2020 and obtaining 50:50 representation in all the company’s technical entry-level programs.