Oscar Munoz named CSX President
CSX Corp.’s Board of Directors unanimously has elected Oscar Munoz as the corporation’s president, overseeing operations, sales and marketing, human resources, service design, and information technology.
Management
CP CFO Bart Demosky to step down in May
Canadian Pacific Executive Vice President and Chief Financial Officer Bart W. Demosky has decided to leave the company effective May 31, 2015, after a little more than one year in the position.
Canadian Pacific braces for TCRC strike
The Teamsters Canada Rail Conference-Running Trades (TCRC-RT), the union representing more than 3,000 active Canadian Pacific locomotive engineers and conductors at CP, has provided official notice of its intent to strike the railroad in the event there is not a negotiated settlement on contract talks that have been ongoing for more than one year.
Simmons-Boardman Rail Group awarded Railway Interchange 2015 event guide contract and electronic media partnership
Simmons-Boardman Rail Group, which consists of Railway Age, Railway Track & Structures (RT&S), and International Railway Journal (IRJ), has been awarded the event guide contract and emedia partner for Railway Interchange 2015.
CN: “Record-setting grain movements”
CN “is continuing its record-setting pace of grain movements and remains fully in sync with the grain supply chain in Western Canada,” President and CEO Claude Mongeau said on Feb. 9, 2015.
UP: Fritz succeeds Koraleski; capex set at $4.3 billion
Lance Fritz has succeeded Jack Koraleski as President and Chief Executive Officer at Union Pacific effective immediately, and was also elected to the railroad’s board of directors. Koraleski is now Executive Chairman. UP also set its 2015 capital investment program at $4.3 billion, about $200 million higher than 2014.
Commentary
Can Sen. Thune mediate a rail/shipper cease-fire?
Could it be that Republicans in control of Congress might facilitate an end to three decades of productivity sapping legislative fisticuffs between railroads and self-proclaimed captive shippers over an appropriate level of regulatory oversight?
AAR: VanderClute retires; Rush takes up the safety reins
Association of American Railroads Senior Vice President of Safety & Operations Robert VanderClute, a 44-year career railroader, has retired after 12 years with the organization. He is succeeded by Michael Rush, who has been with the AAR since 1980 and will be moving from his position as associate general counsel.
CP’s Harrison calls Ag Transport Coalition initiative “disingenuous”
Canadian Pacific says it is “appalled” that the Ag Transport Coalition, a government-funded group, “can claim it is trying to enhance ‘the competitiveness of the agricultural supply chain,’ but not involve transportation partners in the discussion.”
NS Roanoke offices to close
Norfolk Southern on Jan. 27, 2015 said that it will close its Roanoke office building at 110 Franklin Road SE later in the year and relocate the functions currently housed there to Atlanta, Ga., or its Norfolk, Va., headquarters. The move will affect about 500 of the 1,700 people work currently work for NS in Roanoke.