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Canadian Pacific

Canadian Pacific Announces 2009 Holiday Train Campaign

MINNEAPOLIS — Canadian Pacific’s brightly decorated Holiday Train returns to the rails in late November, raising food, money and awareness for food banks across North America. Last year, the Holiday Train helped raise more than $500,000 and 250,000 lbs of food and there is greater need this year. “Canadian Pacific is proud to support communities where we operate, raising more than $4 million in funds and two million pounds of food in the Holiday Train’s first decade,” said CP President and CEO Fred Green. “Each year, the Holiday Train’s message gets stronger and the impact on our employees and in

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BNSF

BNSF’s 2008 Economic Development Efforts Lead to $4 Billion in Investments and 4,000 New Jobs

FORT WORTH, Texas — BNSF Railway Co.’s 2008 economic development efforts were instrumental in the location of 127 new or expanded facilities in communities along BNSF. The development of these facilities resulted in about $4 billion in investments and the creation of more than 4,000 new jobs.For example BNSF’s economic development team assisted a local volunteer business group in Weston County, WY. To revitalize the area, the Weston County Development Board created a plan to build a regional industrial park, the Upton Regional Industrial Site. The 600-acre site is attracting new businesses to the area and will become home to

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BNSF

STB Orders $345M in Rate Relief

WASHINGTON — The Surface Transportation Boardgranted an estimated $345 million in reparations and rate reductions from the BNSF Railway (BNSF) to Western Fuels Association, Inc. and Basin Electric Power Cooperative Inc. The Utilities had challenged the railroad transportation rates charged by BNSF to haul 8 million tons of coal each year from mines in Wyoming’s Powder River Basin to their electric-generating plant in Moba Junction, Wyo., the STB said. The utility plant is captive to BNSF and provides electricity into grids serving consumers in Colorado, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, South Dakota, and Wyoming, the STB said.

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Canadian Pacific

STB Approves CP’s DM&E Purchase

WASHINGTON — The Surface Transportation Board approved Canadian Pacific Railway Limited’s plan to buy the Dakota, Minnesota & Eastern Railroad Corporation and its subsidiaries: Iowa, Chicago & Eastern Railroad and Cedar American Rail Holdings. The official effective date of the final decision is Oct. 30. “The DM&E is an excellent fit for Canadian Pacific making this a strategic end-to-end addition to our network,” said Fred Green, President and Chief Executive Officer of CP. “This is also a positive development for CP, DM&E and IC&E customers. CP customers will have direct single line access to the Midwest US markets and the

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Union Pacific

Union Pacific Elects Lance M. Fritz Vice President-Labor Relations

OMAHA, Neb. — Union Pacific said that Lance M. Fritz has been elected vice president-labor relations, succeeding John Marchant, who has announced he is retiring at the end of June. Fritz is currently the regional vice president for the Southern Region. The company also announced that Gregory D. Workman has been elected to succeed Fritz as the vice president-southern region. Workman, currently the assistant vice president-operations for the southern region will be succeeded by the superintendent of the Houston service unit, Daniel J. Shudak. Brian McGavock will succeed Shudak as general superintendent of the Houston service unit. Fritz joined Union

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Canadian Pacific

Canadian Pacific, Mayo Clinic Commit to Ongoing Dialogue

ROCHESTER, Minn. — Canadian Pacific and the Mayo Clinic, on behalf of Rochester residents, have conducted their first face-to-face meeting, and officials said they made a commitment to continue their dialogue following the railroad’s recent acquisition of the Dakota, Minnesota, and Eastern Railroad (DM&E). “We had a very open and constructive dialogue and we left with a mutual understanding of each others needs and concerns,” said Glenn Forbes, CEO of the Mayo Clinic. “We both expressed a strong and firm commitment to work collaboratively, both together and with the community of Rochester, to ensure the highest degree of safety moving

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FRA

DOT Grants $12.8 Million to First Responders and Emergency Workers to Improve Hazardous Materials Planning and Training

WASHINGTON — U.S. Transportation Secretary Mary E. Peters has announced grants to states, territories and Native American tribes totaling $12.8 million for planning and training to improve the nation’s response to hazardous materials transportation incidents. The grants help train first responders to react to incidents involving hazardous materials and to meet the challenges posed by new chemicals and alternative energy products like ethanol. “This program is a valuable tool that builds upon and enhances the foundation of emergency response capabilities,” Peters said. “The umbrella of hazardous materials safety offered from this DOT-funded specialized training is extensive.” The grants from the

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Canadian Pacific

Canadian Pacific Announces Agreement to Acquire DM&E Railroad

CALGARY– Canadian Pacific Railway Limited said it has reached an agreement to acquire the Dakota, Minnesota & Eastern Railroad Corporation and its subsidiaries (DM&E) for $1.48 billion. With this value-enhancing transaction, Canadian Pacific expands its current network by approximately 2,500 miles and increases its access to U.S. Midwest markets including agri-products, coal and ethanol. The deal consists of a $1.48 billion cash payment at closing and future contingent payments of up to approximately $1 billion. Future contingent payments of $350 million will become due if construction starts on the Powder River Basin expansion project prior to December 31, 2025. Further

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Short Line/Regional

FRA Issues RRIF Loans to DM&E and R.J. Corman Railroad Group

WASHINGTON — The Federal Railroad Administration approved a Railroad Rehabilitation and Improvement Financing (RRIF) loan to a pair of short line railroads. The FRA gave one grant to the Dakota, Minnesota & Eastern Railroad (DM&E) of $48.3 million to improve safety and service between Wall, South Dakota and Colony, Wyo. Rail line improvements will be made to accommodate heavier freight cars that haul grains, ethanol, and minerals. Specifically, 134 miles of track will be upgraded, including the replacement of 60 miles of rail between Wall and Owanka, and from Whitewood to the SD-WY state line. Major bridge repairs will occur