Independent investment research provider Morningstar, Inc. has named Canadian Pacific chief executive E. Hunter Harrison as its 2013 CEO of the Year. Morningstar annually recognizes a chief executive “who exhibits exemplary corporate stewardship, demonstrates independent thinking, creates lasting value for shareholders, and has put his or her stamp on an industry.”
Massachusetts Bay Transportation Authority has awarded Keolis Commuter Services an eight-year, $2.68 billion contract to operate MBTA regional rail passenger service for the Bay State. Two extension options of two years each could ratchet the total value to $4.3 billion.
Howard R. Permut, president of MTA Metro-North Railroad and an original team member of the railroad since its creation in 1983, reportedly will step down from his post by month’s end.
Bridgeport, N.J.-based Pandrol USA says Luke Reardon has joined the company as a sales and customer service representative, based at company headquarters.
Massachusetts Bay Transportation Authority (MBTA) reportedly is considering replacing Massachusetts Bay Commuter Railroad Co. (MBCR), its current contract operator of MBTA regional rail service.
Polly Trottenberg, familiar to the rail industry in her role as Under Secretary for Policy at the U.S. Department of Transportation, will serve as the Transportation Commissioner for New York City’s new mayor, Bill de Blasio, who assumed office Jan. 1, 2014.
