March 2011 – Railfanning.org

U.S. Department of Transportation Announces $1 Million Grant for West Virginia to Develop State Rail Plan

March 31, 2011 Railfanning.org News Wire

WASHINGTON — U.S. Transportation Secretary Ray LaHood announced $1 million for the State of West Virginia to develop a state rail plan that will serve as a blueprint for guiding the state’s rail investment strategies.

Metrolinx Acquires Commuter Rail Segment of CN’s Kingston Subdivision

March 30, 2011 Railfanning.org News Wire

TORONTO — Metrolinx has purchased a section of CN’s Kingston Subdivision rail line, used primarily for commuter and passenger rail operations in eastern Toronto, for C$299 million.

CP: Investing $100 Million in North Dakota

March 25, 2011 Railfanning.org News Wire

BISMARCK, N.D. — Canadian Pacific today announced the investment of $100 million in North Dakota between 2010 to 2012. The investment plan will expand network capacity and enhance rail service in order to meet increased traffic demands.

CSX CEO Cites Certainty, Balance, Investment and Education as Keys to American Competitiveness

March 24, 2011 Railfanning.org News Wire

JACKSONVILLE, Fla. — The chief executive of a leading transportation company in North America, CSX Corporation’s Michael J. Ward, said that America’s future competitiveness depends on balanced government fiscal and regulatory policies that minimize uncertainty for business.

General Motors Recognizes Union Pacific With Best Supplier Award

March 24, 2011 Railfanning.org News Wire

OMAHA, Neb.– General Motors honored Union Pacific with a 2010 Supplier of the Year award at its annual awards presentation.

CSX: Strong Results in 2010 Annual Report

March 23, 2011 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corp. announced that proxy materials for its 2011 Annual Shareholders Meeting are now available.

Optimistic Outlook Follows ‘Strong’ 2010, Norfolk Southern CEO Says in Annual Report

March 23, 2011 Railfanning.org News Wire

NORFOLK, Va. — Looking ahead with optimism after last year’s second-highest earnings ever, Norfolk Southern Corporation CEO Wick Moorman says in the 2010 Annual Report that the company is prepared for “the volumes we expect throughout 2011 and beyond, in what I believe will continue to be a growing market for our transportation products.”

Month: March 2011