October, 2009 - jstagl - Editors' Posts - MyProgressiveRailroading
    • 28 Oct 2009

    Inside the 3Q numbers at CP and NS

    Senior executives at Canadian Pacific and Norfolk Southern Corp. had a lot of interesting things to say yesterday during their respective Class I’s earnings teleconference and Webcast — things that went well beyond the usual financial statement talk. Here’s a sampling of what CP senior folks said: • “We managed employee counts very aggressively despite some volumes returning and the need to...
    • 22 Oct 2009

    Lobbyists, legislators and laughs at Wisconsin's Freight Rail Day

    Yesterday, I attended “Freight Rail Day 2009” in Madison, Wis., at a hotel across the street from the capitol building. The one-day event was organized by the Wisconsin Railroad Committee — namely BNSF, CN, CP, UP, the Escanaba & Lake Superior Railroad, Tomahawk Railway, Wisconsin & Southern Railroad Co. and Wisconsin Northern/Progressive Rail Inc., with an assist from the Wisconsin Department...
    • 14 Oct 2009

    CSX: Doing more with less

    CSX Corp. has hundreds of furloughed train and engine-service workers and thousands of locomotives and rail cars at the ready to rejoin operations when traffic demand rebounds. As of Oct. 3, the Class I had furloughed 1,643 T&E employees (or 13 percent of the total workforce), and stored 640 locomotives (17 percent of the total fleet) and 26,100 cars (32 percent of the total fleet). But a message Executive Vice President...
    • 13 Oct 2009

    Economist survey: U.S. on the road to recovery

    The good news: More than 80 percent of U.S. economists believe the recession is over and the economy is beginning to strengthen, according to a recent survey by the National Association for Business Economics. The bad news: The recovery will be slow because of persistently high unemployment and a soaring federal debt. Among 44 economists surveyed from Sept. 2-24, respondents believe the Gross Domestic Product (GDP) will...
    • 7 Oct 2009

    Of light rail and 3-D in Indy

    The Indianapolis Metropolitan Planning Organization (IMPO) was seeking a three-dimensional representation of its planned light-rail system between Noblesville and downtown Indianapolis. Who you gonna call? High schoolers. Mount Vernon High School students are helping local transportation officials investigate the systems’ potential benefits and drawbacks by creating a virtual-reality 3-D simulation of a train ride...
    • 2 Oct 2009

    Happy 25th North Shore and Iowa Interstate

    The North Shore Railroad Co. recently marked its 25th anniversary. Formed by Richard and Miriam Robey on Aug. 1, 1984, the company initially owned the North Shore Railroad and Nittany & Bald Eagle Railroad in Pennsylvania. The company now owns those two railroads and four other short lines operating in central Pennsylvania: the Juniata Valley Railroad, Lycoming Valley Railroad, Shamokin Valley Railroad and Union County...