news

(Logos courtesy of the respective railroads)

Jaguar Acquires CBRW, CWAR (UPDATED 8/27)

Jaguar on Aug. 27 began running the Columbia Basin Railroad (CBRW) and Central Washington Railroad (CWAR), following its approved acquisition of the Class IIIs by the Surface Transportation Board (STB). CBRW and

Commentary

Deal Vs. No Deal

Berkshire Hathaway does not intend to purchase CSX, a move we thought was the likely outcome given the competitive offering of an East/West combination. The valuation and merger benefits are clearly not

“Our Flat Rock, MI, facility, developed with Target Steel, shows how CN helps customers shift from truck to rail to optimize their supply chain.” CN reported Aug. 25 via LinkedIn. (CN Photograph)

Class I Briefs: CN, NS, UP

CN boosts business at its Flat Rock, Mich., transload facility. Also, Norfolk Southern (NS) provides an update on its first -and last-mile intermodal drayage service app, and hosts its second-annual Labor Summit; and Union Pacific (UP) adds 15 new industrial development sites to its network.

  • News

People News: North American Rail Solutions, STV, Americold, BART

North American Rail Solutions appoints Doug Severidt as Procurement Director. Also, STV promotes Lauren Alger and Breanna Horne to Vice Presidents; Americold appoints Robert S. Chambers as Chief Executive Officer; and Bay Area Rapid Transit (BART) names Inez Gonzalez as the new Independent Police Auditor.

Commentary

CPKC: Further Consolidation ‘Not Necessary’

Following weeks of feverish analysis and speculation, most of it second- and third-guessing, after Union Pacific and Norfolk Southern formally announced their betrothal, Canadian Pacific Kansas City (CPKC) has declared it “is

(Image Courtesy of RailPulse™)

TTX Joins RailPulse™ Coalition

Railcar pooling company TTX has signed on with RailPulse, the coalition established in late 2020 “to advance the use of GPS and sensor technology on railcars; deliver near real-time data through a

Pictured, Left to Right: David Malinas, OPW; Binu Panicker, RPM; and Matt Tucker, HDR. (Photographs courtesy of the respective organizations)
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People News: MTA, OPW, RPM, HDR

The New York Metropolitan Transportation Authority (MTA) appoints Tina Vaz as Director of MTA Arts & Design. Also, OPW, a Dover Company, names David Malinas as President; RPM hires Binu Panicker as Chief Technology Officer; and HDR Global Transit Director Matt Tucker joins the Board of Trustees at the Mineta Transportation Institute.

(Courtesy of CHSRA)

CHSRA: ‘Right-Sizing the Program’

The California High-Speed Rail Authority (CHSRA) on Aug. 22 issued a supplemental project update report, outlining what it called “a clear path forward to connect the high-speed rail system to Northern and Southern California via the Central Valley by 2039.”

Commentary

Ancora Drops Rusty Anchor at CSX

Same vecchie stronzate stanche, different railroad. This time, it’s CSX. In my humble opinion, it’s non funzionerà, because we’ve seen these tactics before, at Norfolk Southern: Circle the target, buy a bunch