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Dec
13

Norfolk Southern will move its HQ to Atlanta

The announcement was expected for months, but yesterday Norfolk Southern Corp. made it official: The Class I will move its corporate headquarters from Norfolk, Virginia, to Atlanta.

NS is in advanced discussions to purchase a site from Cousins Properties at 650 W. Peachtree St. NW in Midtown Atlanta, where the railroad plans to build its new headquarters. Progress on the move has begun and will span the next several years as the facility is built, NS officials said in a press release.

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Dec
11

Norfolk Southern report outlines sustainability efforts in 2017

Norfolk Southern Corp. yesterday released its latest Corporate Social Responsibility Report, which includes such details as the Class I's record locomotive fuel efficiency and reduced greenhouse-gas (GHG) emissions.

NS improved locomotive fuel efficiency by 5 percent in 2017 over 2016, conserved 23 million gallons of diesel and avoided more than 233,750 metric tons of GHG emissions, according to the report.

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Dec
05

CP and grain: New high efficiency train, new monthly volume mark

Canadian Pacific yesterday unveiled its first 8,500-foot high efficiency product (HEP) grain train at G3 Canada Ltd.’s Pasqua elevator near Moose Jaw, Saskatchewan.

The HEP train features more efficient hopper cars and is designed to move about 44 percent more grain than the Class I’s prior generation of grain train. The new hopper cars feature a capacity 10 percent greater by weight than older-model Canadian government cars, and can hold 15 percent more volume.

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Dec
04

Norfolk Southern to serve new Georgia inland port

Rail News Home Norfolk Southern Railway 12/4/2018 Rail News: Norfolk Southern Railway
The new inland port will be situated in the manufacturing and logistics corridor along Interstate 85 near Gainesville, Georgia, Gov. Nathan Deal (shown at the podium) announced.Photo – Georgia Ports Authority/Stephen B. Morton

Norfolk Southern Railway will provide service to a new inland port to be developed near Gainesville, Georgia, state and Georgia Ports Authority (GPA) officials announced yesterday.

Set to open in 2021, the Northeast Georgia Inland Port will be situated in the manufacturing and logistics corridor along Interstate 85 and operated by the GPA.

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Dec
03

Union Pacific to participate in Bush funeral procession

Union Pacific Railroad will be part of this week's funeral procession for President George H.W. Bush, who died Nov. 30 at the age of 94.

Following funeral and memorial services in Washington, D.C., and Houston, Bush will be transported by the funeral train from Spring to College Station, Texas, on Thursday.

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Nov
30

BLET conducts vote for CN-Wisconsin Central pact

Rail News Home Canadian National Railway - CN 11/30/2018 Rail News: Canadian National Railway - CN
The Brotherhood of Locomotive Engineers and Trainmen (BLET) has reached a tentative contract agreement with CN's Wisconsin Central subsidiary. Ratification ballots — due Dec. 28 — were mailed this week to active BLET members employed by CN-Wisconsin Central who are eligible to vote on the agreement, according to a BLET press release.The tentative pact governs rates of pay, benefits and work rules for more than 600 members.The BLET organized the Wisconsin Central property in 1997 and the railroad was purchased by CN in 2001 for $1.2 billion. At that time, Wisconsin Central operated about 2,850 miles of track and retained trackage rights in Wisconsin, Illinois, Minnesota, Michigan’s Upper Peninsula and Ontario.

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Nov
29

CN awards second rail-car inspection contract to Duos Technologies

Rail News Home Canadian National Railway - CN 11/29/2018 Rail News: Canadian National Railway - CN
Duos Technologies Group Inc. has obtained an additional contract from CN to provide the Class I with three additional high-resolution train imaging systems for security and mechanical inspections. The contract is the second awarded this year, following Duos' announcement in May that it obtained a multimillion-dollar pact with CN to provide the systems. Under this second agreement, Duos will provide the Class I with three additional rail inspection portals similar to the units that were recently deployed near Winnipeg, Manitoba.The new installations will be conducted at three CN mainline locations: two in the United States and the other in Canada, Duos officials said in a press release.The systems are based on Duos' proprietary rip® technology, which combines several intelligent technologies and subsystems to provide real-time images and data used for rail-car inspections, company officials said."Monitoring and maintaining the structural health of rail cars and their environment is vital to ensuring secure and efficient railroad operation," said Noel Heiks, president and chief operating officer of Duos Technologies Inc. "With these new deployments, CN will be able to more effectively track all rolling stock passing through its various inspection points."

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Nov
28

Norfolk Southern: Ledoux becomes VP of government affairs, Maestri to retire

Rail News Home Norfolk Southern Railway 11/28/2018 Rail News: Norfolk Southern Railway
Marque LedouxPhoto – nscorp.com

Norfolk Southern Corp. announced yesterday that Marque Ledoux will become vice president of government affairs on Jan. 1, 2019. He will succeed Bruno Maestri, who is retiring from the Class I.

Ledoux joined NS in 2003 as assistant VP of government affairs. Prior to joining the company, he worked for FedEx for 16 years in public relations and government relations positions. In his new role, he will continue to be based in Washington, D.C., and report to John Sheib, executive VP of law and administration.

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Nov
28

UP's Bolin to succeed Rock as VP-external relations

Union Pacific Corp. has named Printz Bolin vice president-external relations, effective Dec. 1. He will succeed Mike Rock, who will retire Feb. 15, 2019, after 29 years of service at the Class I.

Currently assistant VP-external relations, Bolin will continue to work out of UP's office in Washington, D.C., when he starts his new role, UP officials said in a press release.

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Nov
27

UP's Knight dubbed 'Best CFO' for sixth-straight year

Rail News Home Union Pacific Railroad 11/27/2018 Rail News: Union Pacific Railroad
Union Pacific Railroad Executive Vice President and Chief Financial Officer Rob Knight has made Institutional Investor magazine's "Best CFO" list for the sixth consecutive year.He is listed on the 2019 All-America Executive Team list of airfreight and surface transportation companies. Knight topped Institutional Investor's Best CFO list in the buy-side category of the combined airfreight and surface transportation sector.Knight began his UP career in 1980 and since has held various positions, including VP and general manager-energy, VP and general manager-automotive and senior VP of finance. He is a board member for Grupo Ferroviario Mexicano and TTX Co."Being recognized Best CFO by Institutional Investor for six years in a row is truly an honor recognizing our team's unrelenting focus on driving shareholder value," Knight said in a press release. "We are committed to rewarding shareholders through responsible capital management, dividends and share repurchases."The magazine has recognized people and firms in the financial services industry for more than 30 years. Best CFO rankings are determined by Institutional Investor's annual survey of the country's top analysts and portfolio managers. Other CFOs recognized on the latest list include Old Dominion Freight Line's Adam Satterfield and J.B. Hunt Transport Services' David Mee.

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Nov
21

Union Pacific updates PTC progress report

Union Pacific Railroad is making progress on its plan to implement positive train control (PTC) and will meet all required deadlines for installing the safety technology on its network, the Class I announced yesterday.

"As allowed by federal law," UP will continue to implement, test and refine the technology during 2019 and 2020, company officials said in a press release.

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Nov
16

CSX to sell 373 miles of rail lines in Florida, Georgia

CSX is selling 373 miles of rail lines to Florida Gulf & Atlantic Railroad LLC (FGAR), according to a Nov. 6 filing with the Surface Transportation Board (STB).

The notice of intent to acquire the rail lines did not mention a sale price.

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Nov
15

Kansas City Southern's Wochner to retire as SVP, chief legal officer

Kansas City Southern yesterday announced the retirement of W. James Wochner as senior vice president and chief legal officer, effective March 31, 2019.

In addition, Adam Godderz will be promoted from associate general counsel and corporate secretary to general counsel and corporate secretary for KCS and the Kansas City Southern Railway Co. on Jan. 1, 2019, company officials said in a press release.

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Nov
12

CSX launches program to support veterans, active military, first responders

CSX last week unveiled its new Pride in Service community investment program to honor and improve the lives of military veterans, active duty military and first responders.

The multimillion-dollar commitment and "collaborative approach" will affect more than 100,000 people over the next two years, CSX officials said in a press release.

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Nov
09

Kansas City Southern to kick off Holiday Express tour

Kansas City Southern's 18th annual Holiday Express will distribute a total of $171,756 in gift cards to The Salvation Army at stops along its route starting Nov. 21.

The holiday train will visit 22 communities on 27 dates, starting in Shreveport, Louisiana, and wrapping up Dec. 18 in Kansas City, Missouri. Other stops in other states include Mississippi, Texas, Arkansas, Oklahoma, Kansas and Illinois. A complete schedule is available on the KCS website.

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Nov
08

Norfolk Southern proposes new HQ building in Midtown Atlanta, report says

Details of Norfolk Southern Corp.'s potential relocation of its headquarters from Norfolk, Virginia, to Atlanta emerged in documents released yesterday by Invest Atlanta, the city's economic development agency.

NS is proposing construction of a new headquarters in Midtown Atlanta that would feature 750,000 square feet of office space and a daycare center for employees' children, according to the documents.

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Nov
07

Norfolk Southern names Farrell SVP transportation

Rail News Home Norfolk Southern Railway 11/7/2018 Rail News: Norfolk Southern Railway
Michael FarrellPhoto – nscorp.com

Norfolk Southern Corp. has tapped Michael Farrell to serve as senior vice president of transportation.

Based in Atlanta, Farrell will report to Michael Wheeler, executive VP and chief operating officer. Farrell's duties will include all transportation operations, division mechanical and rail terminal management functions, NS officials said in a press release.

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Nov
06

CP broke grain, biofuel shipping records in October

Canadian Pacific has broken its record for the shipment of grain, moving 2.64 million metric tons (MMT) of Canadian grain and grain products in October, the Class I announced today.

The milestone makes October 2018 CP's biggest month ever for moving Canadian grain, breaking a record set in September 2017, CP officials said in a press release.

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Nov
06

BNSF posts higher revenue, expenses in Q3

Rail News Home BNSF Railway 11/6/2018 Rail News: BNSF Railway
BNSF Railway Co. reported third-quarter revenue rose 16 percent to $6.1 billion from $5.3 billion, while operating income increased 9 percent to $2.1 billion from $1.9 billion in the same quarter a year ago.The Class I's net income in the quarter surged 34 percent to $1.4 billion from $1 billion in Q3 2017, according to BNSF's Q3 performance summary.BNSF posted an operating ratio of 64.5 percent for the quarter, compared with 62.4 percent a year ago. Expenses during the quarter increased 20 percent to $4 billion from $3.4 billion in Q3 2017.Average revenue per car/unit rose 11 percent during the quarter as a result of business mix changes, higher fuel surcharges driven primarily by higher fuel prices and increased rates per car/unit.Also during Q3 2018 compared with last year:
• Consumer product volumes rose 1 percent due to higher intermodal volumes;
• Industrial products volume increased 13 percent primarily due to strength in the industrial and energy sectors;
• Agricultural products volume rose 16 percent due to strong export and domestic grain shipments, as well as higher fertilizer and other grain products; and
• Coal volume fell 5 percent, primarily due to plant retirements combined with competition from natural gas and renewables, partially offset by market share gains and improved export volumes.

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Nov
05

CSX Santa Train to travel through Appalachia this month

Rail News Home CSX Transportation 11/5/2018 Rail News: CSX Transportation
County music and bluegrass singer Ricky Skaggs joined Santa on the 2017 Santa Train ride. Country duo Maddie & Tae will be the featured entertainment on this year's Santa Train.Photo – CSX/Ed Rode

CSX will operate its 76th annual Santa Train on Nov. 17, as part of the Class I's efforts to deliver toys, food, winter clothing and other gifts to residents in need along the 110-mile route.

The train will travel through the Appalachia region and stop in 14 locations in Kentucky, Virginia and Tennessee. More than 15 tons of toys and other items will be delivered to families, CSX officials said in a press release.

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