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Canadian Pacific

Canadian Pacific Disclosure Practices Recognized

CALGARY — Canadian Pacific Railway Limited announced it has been awarded the Governance Gavel Award for Director Disclosure by the Canadian Coalition for Good Governance (CCGG). The award recognizes excellence in shareholder communications, particularly through the annual proxy circular. A company’s disclosure is judged against best practices as defined by the CCGG. “This award recognizes our ongoing efforts to ensure the timeliness, clarity and transparency of communications with our shareholders,” said Kathryn McQuade, CP’s Chief Financial Officer. “At Canadian Pacific, we continually strive to improve our governance and disclosure procedures through review and comparison with best practices. We are pleased
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Amtrak

Amtrak Extends Fare Promotion on Northeast Regional Service

WASHINGTON – Amtrak continues to make travel in the Northeast affordable by extending through December 16 its fare promotion which offers up to 25 percent off the lowest published coach fare on Northeast Regional service between Washington, New York and Boston. Sample one-way fares include $49 between either Washington and New York or New York and Boston. “Customer response to these new, low fares has been strong,” says Emmett Fremaux, Amtrak’s Vice President of Marketing and Product Management. “Amtrak is pleased to be able to extend this exceptional offer to continue to make travel in the northeast more affordable.” In
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NTSB

Hart Designated Vice Chairman of NTSB

WASHINGTON – President Barack Obama has designated National Transportation Safety Board Member Christopher A. Hart as the agency’s Vice Chairman. Hart was sworn in as a Member of the NTSB on August 12 to a term that ends December 31, 2012. His term as Vice Chairman will run for two years. Vice Chairman Hart comes to the Board after a long career in transportation safety, including a previous term as a Member of the NTSB during the 1990s. He most recently was Deputy Director for Air Traffic Safety Oversight at the Federal Aviation Administration.  He is an aerospace engineer, attorney,
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Union Pacific

Union Pacific Railroad Increasing Train Speed On Line in Kennewick, Wash.

OMAHA, Neb. — Union Pacific Railroad will increase the speed of its trains from 10 mph to 20 mph on nearly 12 miles of its rail line located in Kennewick, Wash. The rail line generally parallels state highway SR 240 through Kennewick. The increased train speed will take effect September 1, 2009. Trains currently operate through the area at 10 mph due to track and operating constraints.  Recent track improvements will permit the higher speed. Union Pacific invested $2.8 million this year on track improvements in Kennewick. Crews recently completed the installation of approximately 23,500 new cross ties and 700
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BNSF

BNSF Logistics Selected to Top Ten List

SPRINGDALE, Ark. — BNSF Logistics, LLC has been named one of the top logistics providers for the sixth consecutive year by readers of Inbound Logistics magazine in its annual “Top 10 3PL Excellence” awards. More than 6,000 votes were cast in this year’s survey, for over 400 unique third-party logistics providers. “Inbound Logistics readers say great 3PL relationships are built not just on cost savings but on consistent customer service. Strategic supply chain vision is also a key measurement of 3PL excellence,” noted Felecia Stratton, Editor of Inbound Logistics. “Inbound Logistics readers were effusive in their praise of BNSF Logistics,
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Commuter Rail

WMATA: Metro Implements Stricter Hiring Standards

WASHINGTON — Metro has implemented stricter hiring standards, including applicants for frontline and safety sensitive positions. The new standards went into effect earlier this month. “Our frontline employees are the face of Metro,” said Metro General Manager John Catoe. “We want the strongest applicants for every open position. These new hiring standards are meant to help us find only the best and brightest employees to help move more than one million customers each day.” Under the new hiring standards, job applicants for “frontline positions” will be disqualified from the applicant pool for any number of reasons, including one or more