October, 2009

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...

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 &...

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...

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...

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...

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...