CSX: Veterans Welcome

December 2, 2008 Railfanning.org News Wire 0

JACKSONVILLE, Fla. — CSX Transportation (NYSE:CSX) is one of the best places for the nation’s veterans to work following their military careers, according to G.I. Jobs magazine. CSX Transportation ranked 8th on the annual list of the nations most military-friendly employers. This marks the third straight year the company has made the list, rising from number 45 in 2006 to its current position. In selecting companies for recognition, the magazine considers the resources dedicated to military hiring, Reserve/Guard policies, percentage of new hires who are veterans, veteran training programs and previous rankings. Only 2 percent of the 2,500 eligible companies

Canadian Pacific to Review Federal Court Grain Hopper Car Maintenance Decision

December 2, 2008 Railfanning.org News Wire 0

CALGARY — Canadian Pacific recently said it responded to the recent decision by the Federal Court of Appeal dismissing the appeal filed by CP regarding the adjustment to the maximum revenue entitlement under the Canada Transportation Act. CP said it will review the court’s decision and available legal recourse. The court upheld the retroactive adjustment made by the CTA on February 19 resulting in a decrease of $23M in what CP was entitled to earn for the movement of grain for a portion of the 2007/2008 crop year. CP said it will review its products and pricing as it relates

BNSF Honors Three Shortline Railroads for Partnership Excellence

December 2, 2008 Railfanning.org News Wire 0

FORT WORTH, Texas — The Columbia Basin Railroad (CBRW), Louisiana & Delta Railroad (L&D) and the Texas Northwestern Railway (TXNW) each received a BNSF Shortline Achievement Award at this year’s 13th Annual Shortline Conference. “BNSF is pleased to honor these shortline railroads for their ability to provide intense customer focus, resourcefulness, operational flexibility, and a local presence in their communities,” said Pete Rickershauser, BNSF vice president, Network Development. “These shortlines have gone beyond our expectations to build new business for our railroads and new service products for our shared customers. We see their roles expanding in the future as they

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