The Federal Railroad Administration (FRA) today closed on a $967.1 million Railroad Rehabilitation and Improvement Financing (RRIF) loan with New York City’s Metropolitan Transportation Authority (MTA).
In its 2014 Annual Report, Norfolk Southern Corp. highlighted record-setting net income, revenues, operating income, earnings per share, and operating ratio.
Forbes magazine has named CSX as one of “America’s Best Employers,” citing a commitment to employee development and diversity, combined with consistently high performance in key business areas.
The Blue Ridge Scenic Railway and the Kennesaw Museum Foundation are teaming up to raise money in support of the Southern Museum of Civil War & Locomotive History. Proceeds from the Blue Ridge Scenic Railway excursion on Saturday, March 28, will benefit the Museum’s educational programs.
CN said Feb. 18 that locomotive engineers and conductors working on the company’s Northern Quebec Internal Short line have ratified a new collective agreement.
Fortune named Union Pacific Railroad the most admired among trucking, transportation and logistics companies for the fifth consecutive year, marking the twelfth time in 16 years the company has been named No. 1.
Norfolk Southern will close its Roanoke office building at 110 Franklin Road SE later this year and relocate the functions currently housed there to Atlanta or Norfolk, the company said today. Approximately 500 people currently work in the building in marketing, accounting, information technology, and other departments. Affected employees will have the option of relocating with their positions. The action is being taken to foster departmental synergies and to make better use of the company’s real estate assets and support the company’s goal of streamlining its management workforce. Norfolk Southern is in the final process of evaluating which positions will
Donald W. Seale, executive vice president and chief marketing officer of Norfolk Southern Corp., has announced his plan to retire effective March 1, 2015, Chairman and CEO Wick Moorman said.
Canadian Pacific Railway has been recognized as a leader for the depth and quality of climate change data it has disclosed to investors and the global marketplace through CDP, the international NGO that drives sustainable economies.