Railfanning.org News Wire

Canadian Pacific Recognized as Climate Change Transparency Leader

December 12, 2014 Railfanning.org News Wire

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.

CP Continues to Move More Grain from North Dakota

December 12, 2014 Railfanning.org News Wire

Canadian Pacific continues to move more grain from North Dakota to key markets domestically and internationally as it invests in its network.

MARTA Train Derails on Thanksgiving Day

November 27, 2014 Railfanning.org News Wire

An out-of-service MARTA train with no passengers on board derailed today about 10 a.m. on an aerial overpass at Interstate 85 near Riverdale Road.

Norfolk Southern Buying Rail Line from Delaware & Hudson

November 27, 2014 Railfanning.org News Wire

Norfolk Southern Corp. is acquiring from the Delaware & Hudson Railway Co. (D&H), a subsidiary of Canadian Pacific Railway, 282.55 miles of rail line between Sunbury, Pa., and Schenectady, N.Y., in a $217 million sale.

CP’s Keith Creel named Progressive Railroading’s ‘Railroad Innovator’ for 2014

November 27, 2014 Railfanning.org News Wire

Progressive Railroading has named Canadian Pacific (CP) President and Chief Operating Officer Keith Creel as its “Railroad Innovator” for 2014.

Amtrak: Five Consecutive Years of Revenue Growth, Higher Operating Cost Recovery

November 27, 2014 Railfanning.org News Wire

Amtrak this month reported unaudited record revenue totaling approximately $3.2 billion for the fiscal year, representing the fifth consecutive year of revenue growth, and the eighth out of the past nine years, the railroad said.

Florida East Coast Railway Completes Successful Inaugural Run of New GE Locomotives

November 27, 2014 Railfanning.org News Wire

Florida East Coast Railway (FECR) on Nov. 21 completed the inaugural run of its first two new GE ES44C4 locomotives.

BNSF Helps Revitalize Rail Yard to Support Growth in Permian Basin

November 27, 2014 Railfanning.org News Wire

BNSF Railway earlier this month celebrated the opening of a new $45 million logistic center in Sweetwater, Texas.

Genesee & Wyoming Announces Acquisition of Short Line Railroads in Arkansas

November 27, 2014 Railfanning.org News Wire

Genesee & Wyoming Inc. earlier this month said it has signed an agreement with Pinsly Railroad Company of Westfield, Mass., to acquire certain subsidiaries that constitute Pinsly’s Arkansas Division for $40 million in cash, subject to adjustment for final working capital.

BNSF Planning $6 Billion in Capital Expenditures in 2015

November 27, 2014 Railfanning.org News Wire

BNSF Railway Co. has announced that its planned capital expenditures for 2015 will be $6 billion, which the railroad says will go toward maintenance and expansion of the railroad in order to meet the expected demand for freight rail service.