Management

Canadian Pacific Railway has been recognized as a leader for the depth and quality of climate change data it has disclosed to investors and the global marketplace through CDP (Carbon Disclosure Project), the international NGO (non-governmental organization) that drives sustainable economies. CP’s status is awarded with a position on the Canada Disclosure Leadership Index (CDLI) in the 2014 Canada Climate Change Report.

Another year of record capital investment will be needed to build more capacity to keep up with growing demand.

President Barack Obama’s Fiscal 2014 budget for the Federal Railroad Administration (FRA) provides for a comprehensive multi-year reauthorization of expired portions of the Railroad Safety Improvement Act (RSIA) and Passenger Railroad Investment and Improvement Act (PRIAA) of 2008.

Speaking at the Dec. 8, 2014 “Post-Harvest Handling and Transportation for Agricultural Products: Issues and Challenges” conference in Fargo, N.D., hosted by North Dakota State University’s Center for Agriculture Policy and Trade Studies, Canadian Pacific Vice President Marketing and Sales, Bulk John Brooks said the railroad continues to move more grain from North Dakota to key markets domestically and internationally as it invests in its network.

The Greenbrier Cos. Inc. recently received orders for another 2,700 freight cars, bringing the total number of cars ordered in the company’s first fiscal quarter (September-November 2014) to 14,100 units valued at $1.24 billion. Orders for the quarter include small-cube covered hopper cars for sand and cement transportation, boxcars, doublestack intermodal, units, automobile carrying cars, gondolas, and tank cars, both for crude oil and other commodity types.

In the ongoing, seven-years-and-counting legal battle involving railroads and certain customers who have filed a class-action suit claiming that the railroads engaged in collusion to impose fuel surcharges, the United States District Court for the District of Columbia has ruled in favor of the plaintiffs in a matter involving the credibility of their principal expert witness.

Howard Learner, an attorney who serves as president of the Chicago-based Environmental Law and Policy Center, has joined Amtrak’s Chicago Gateway Initiative, a blue ribbon panel of rail and transportation leaders tasked with identifying infrastructure and operational improvements to address Chicago’s rail traffic congestion, which Amtrak says “is causing major delays for Amtrak passengers and freight shipments.”