News Archive
Railroads report mixed 4Q, yearly earnings
CANADIAN NATIONAL Canadian National Railway reported its income in the fourth quarter of 2012 was $613.8 million, increasing three percent from $595.7 million in the fourth quarter of 2011. Revenue in the fourth quarter increased by seven percent year-over-year to $2.5 billio [...]Conductors, engineers deal with trauma
JACKSONVILLE, Fla. — In the last three years in Duval County, four people have been killed walking on railroad tracks. That number may seem pretty small, but there are the unseen victims to consider in these cases as well: The men and women who have to witness a train k [...]CN’s Creel becomes CP president, COO
Canadian Pacific announced the appointment of Keith Creel as president and chief operating officer, effective Feb. 5. E. Hunter Harrison will remain CP’s chief executive officer. Read the complete story from The Globe and Mail.Fund set for Michigan SLD Gibson’s injured daughter
Kelsey Gibson, 21, daughter of Michigan State Legislative Jerry Gibson and his wife Carmella, was seriously injured the morning of Jan. 29 in an automobile accident. Kelsey, a student at Grand Valley State University and recently engaged to be married, was driving a Ford Esc [...]Wash., Mo., Va. legislative updates
Transportation funding in Missouri has been a hot topic at the state capital this session, State Legislative Director Ken Menges reports. In its last session, the Missouri legislature appointed a committee to study the state’s transportation needs and UTU was invited and made [...]UTU offering treasurers’ workshop in February
The UTU International is conducting a local treasurers’ workshop near Kansas City, Mo., Feb. 26-27, 2013. Attendance is limited to 25 registrants. Those interested in attending the workshop should contact the office of the UTU International general secretary & treasurer t [...]UP posts ‘most profitable year’ in history
(By M.J. Clark for Wyoming Business Report) Wyoming’s main rail line, Union Pacific, reported net income of $3.9 billion in 2012, which makes 2012 “Union Pacific’s most profitable year in our 150-year history,” Jack Koraleski, UP’s CEO said in a [...]
Transportation Secretary LaHood to step down
WASHINGTON — Transportation Secretary Ray LaHood, the only Republican left in President Barack Obama’s first-term cabinet, said today that he would be leaving the administration. Before becoming Secretary of Transportation, LaHood, 67, served for 14 years in the U.S. Ho [...]