Norfolk Southern Names Mobley VP Labor Relations; Macmahon Retires

February 6, 2008 News Wire 0

NORFOLK, Va. — Harold R. Mobley has been named vice president labor relations for Norfolk Southern Corp., effective March 1, with headquarters in Norfolk. He will report to John P. Rathbone, executive vice president administration. Mobley joined Norfolk Southern as a management trainee in 1971. He served in a number of positions in the engineering, transportation and labor relations departments and was named assistant vice president labor relations in 2000. Mobley earned a bachelor’s degree in history and English from Valparaiso University. In his new position, Mobley will assume the responsibilities held by Mark R. MacMahon, who will retire March

FreightCar America, Inc. Reports Fourth Quarter and Full Year Results

February 6, 2008 News Wire 0

CHICAGO — FreightCar America Inc. reported financial results for the three months ended Dec. 31. For the fourth quarter of 2007, sales were $137.1 million and net loss was $16.6 million, or $1.42 per diluted share. These results include special pre-tax charges of $37.2 million, primarily associated with the Company’s decision in December 2007 to end production activities at the Johnstown manufacturing facility, which accounted for $30.8 million of the special charges. Also included in the special charges were costs related to supply chain activities, and charges for a customer claim. On an after tax basis, the special charges was

Revenue Growth, Operating Ratio Improvement and Record Operating Income Highlight Kansas City Southern’s Fourth Quarter and Full-Year 2007 Earnings

February 6, 2008 News Wire 0

KANSAS CITY, Mo. — Kansas City Southern reported record fourth quarter 2007 revenues of $460.3 million, a 4.0 percent increase over the corresponding 2006 period. Revenue growth was primarily the result of a continued strong pricing environment as well as volume growth in some key commodity segments, the railroad said. For the quarter, new business was a significant contributor to a 12.0 percent revenue increase in chemical & petroleum. Led by increased volumes in Mexico, intermodal revenues grew by 11.6 percent. Also reflecting a strengthening Mexican base, automotive revenues grew by 6.2 percent. Coal revenues improved by 2.4 percent over

Japanese Bullet Train Returns to San Francisco

February 3, 2008 News Wire 0

SAN FRANCISCO — Californians are showing increasing interest and support for high-speed trains in advance of a November ballot measure, proponents of high-speed rail say. On Feb. 1, officials held a seminar in San Francisco to discuss “Shinkansen,” Japan’s High-Speed Train System. Retired San Mateo Superior Court Judge Quentin Kopp offered opening remarks to a crowd of public officials, policy makers and California resident about the economic and environmental benefits of high-speed trains. “The sincerity and commitment expressed here today, reflects the strong bonds between our countries,” Kopp said. “This is a critical year for high-speed rail in California, and

Union Pacific Announces 2008 Capital Plan

February 3, 2008 News Wire 0

OMAHA, Neb. — Union Pacific Corp.’s Board of Directors has approved plans to invest a total of $3.1 billion for capital projects during 2008. The Company’s capital programs are designed to enhance safety, improve customer service, increase operating productivity and add network capacity to handle our customers’ growth. Major investment categories include: $1.6 billion to maintain and strengthen the track infrastructure, $840 million to increase network and terminal capacity, $490 million to upgrade our locomotive and freight car fleet, including the acquisition of 175 high-horsepower locomotives and new covered hoppers, and $170 million primarily to upgrade information technology systems, including

California Zephyr Route Restored by Union Pacific Railroad

February 3, 2008 News Wire 0

Union Pacific Railroad has reopened the route through the Sierra Mountains used by the daily California Zephyr (Trains 5 & 6) between the San Francisco Bay and Chicago. The tracks were blocked on Feb. 1 in a mishap involving UP snow-removal equipment. Westbound Train 5, originating from Chicago on Jan. 30 Amtrak managers responded to the Placer County location where the westbound California Zephyr was stopped. Later, a decision was made to reverse the train to Reno, Nevada, where about 160 passengers were housed and fed at Amtrak expense in area hotels, awaiting alternate transportation that was provided today. At

Amtrak Restoring Partial Coast Starlight Service

February 2, 2008 News Wire 0

OAKLAND – Amtrak is restoring service on a portion of the route of the Coast Starlight, beginning Feb. 6. Following discussions with the Union Pacific Railroad, service on the route was suspended between Los Angeles and Seattle on Jan. 19, due to massive mudslides over the railroad north of Chemult, Ore. All railroad traffic through that area has been suspended and is not expected to resume for many weeks. The first northbound departure of this version of the Coast Starlight, Train 14, will leave Los Angeles on Feb. 6 at 10:15 a.m., making all regularly-scheduled stops and arriving in Sacramento

Norfolk Southern Names McFadden Corporate Secretary; Martin Retires

February 1, 2008 News Wire 0

NORFOLK, Va. — Howard D. McFadden has been named corporate secretary for Norfolk Southern Corp., effective March 1, with headquarters in Norfolk. He will report to James A. Hixon, executive vice president law and corporate relations. McFadden joined Norfolk Southern as a tax department attorney in 2001. He was named general tax attorney, his current position, in 2005. McFadden earned a bachelor’s degree in English and a master’s degree in education, both from the College of William & Mary, an accounting degree from Georgia State University, and a law degree from the University of Virginia. In his new position, McFadden

1 2 3 4