UIC’s Loubinoux awarded BIC’s global rail freight honor
The Bureau International des Containers (BIC) announced on June 23 that Jean-Pierre Loubinoux, General Director, International Union of Railways, (UIC) has won the 2016 BIC Award.
Management
FRA faults bolts, brakes and UP in June 3 crude oil derailment
The Federal Railroad Administration on June 23, 2106 released its preliminary findings on the June 3 Oregon crude oil derailment and found at fault: bolts, brakes and Union Pacific.
Commentary
Time again to reason together
At a time when polemics is delivering knockout blows to civil discourse and collaboration, a 78-year-old former amateur boxer—still punching above his weight—has advice on peaceful dispute resolution that lawmakers, regulators, rail executives and labor leaders would do well to read, mark and inwardly digest.
Grain gain helps offset coal and crude crash
In reporting U.S. rail traffic for the week ending June 18, 2016, the Association of American Railroads noted a large increase in grain shipments that partially offset substantial losses in coal and petroleum products.
Canadian Pacific: “A chill from up North”
Canadian Pacific on June 21, 2016 provided an earnings outlook for the year’s second-quarter “due to lower-than-anticipated volumes in bulk commodities, such as grain and potash, the unexpected and devastating wildfires in northern Alberta and a strengthening Canadian dollar.”
Jason Seidl: A look ahead to the second quarter
As the industry continues to weather the current economic storm, Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl offers the following analysis:
STB initiates proceeding to expedite rate cases
The Surface Transportation Board (STB) issued an Advanced Notice of Proposed Rulemaking (ANPR) on June 15, 2016 outlining measures to expedite its handling of rate cases.
CSX tops for IT employment
For the fourth consecutive year, CSX was named one of IDG Computerworld’s Best Places to Work in IT, ranking number 41 among large organizations.
Savoy of CN named 2016 TMSA Marketing Executive of the Year
The Transportation Marketing & Sales Association (TMSA) named Marie-Chantal Savoy, director of marketing innovation at CN, the 2016 TMSA Marketing Executive of the Year.
Mongeau stepping down at CN
Citing health reasons, CN President and Chief Executive Officer Claude Mongeau will step down on June 30, 2016. Executive Vice President and Chief Financial Officer Luc Jobin will succeed him.