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Latest Rail transport in the United States Stories

2011-12-01 09:45:00

CALGARY, Dec. 1, 2011 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) today announced a trackage rights agreement with the Iowa Northern Railway (IANR), which will enhance shipping alternatives for local customers and provide benefits for both railroads. The agreement expands CP's market reach in Iowa and increases rail business options for customers' agricultural commodities via CP and IANR track. The agreement also provides Iowa Northern rights to operate over CP's line...

2011-11-29 11:57:00

CALGARY, Nov. 29, 2011 /PRNewswire/ - Canadian Pacific Railway Limited (TSX:CP)(NYSE:CP) announced that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing: -- CDN $125 million of 5.10% Notes due January 14, 2022 The transaction is expected to close on December 2, 2011. The offering is being made in Canada under the base shelf prospectus dated June 29, 2011 which allows for offerings of up to CDN $1.5 billion of medium term notes. The net proceeds from...

2011-11-29 10:47:00

JACKSONVILLE, Fla., Nov. 29, 2011 /PRNewswire/ -- As millions of Americans head to stores or make online purchases, CSX has launched an improved Carbon Calculator aimed at helping consumers and businesses better understand the key role freight rail plays in a sustainable supply chain. "CSX's online Carbon Calculator not only helps our customers make smart supply chain decisions, it also helps educate consumers about the path items take to get to store shelves or their front...

2011-11-29 10:02:00

OMAHA, Neb., Nov. 29, 2011 /PRNewswire-FirstCall/ -- The National Chamber Foundation, the non-profit think tank of the U.S. Chamber of Commerce, presented Union Pacific Railroad the Hiring Our Heroes Award for Post 9/11 Veteran Employment and Internships. The company was nominated by a variety of non-profit and veteran services organizations for its commitment to hiring and supporting military veterans. Union Pacific was the only railroad to win a Hiring Our Heroes award....

2011-11-28 09:32:00

CALGARY, Nov. 28, 2011 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP)(NYSE:CP) announced today that its wholly- owned subsidiary, Canadian Pacific Railway Company, is commencing an offering of  senior unsecured notes in the United States to fund a voluntary prepayment in 2011 to the company's Canadian defined benefit pension plan. The offering is being made in the United States under the base shelf prospectus dated June 29, 2011 which allows for offerings of up to US...

2011-11-25 12:00:00

MINNEAPOLIS, MN, Nov. 25, 2011 /PRNewswire/ - Canadian Pacific's cross-country and cross-border food shelf drive has launched its 13th year of raising money, food and awareness. The CP Holiday Train, North America's longest-running rolling fundraiser, has become an annual holiday tradition for many food pantries. Two freight trains, both decked out in thousands of feet of festive lighting, roll into communities on both sides of the border with entertainers performing from a boxcar...

2011-11-22 11:47:00

JACKSONVILLE, Fla., Nov. 22, 2011 /PRNewswire/ -- Florida East Coast Railway (FEC) is pleased to once again announce its sponsorship of a Toys for Tots Christmas Train, riding on the FEC rail line between Jacksonville and Miami on Saturday, December 10, 2011. FEC's Christmas Train offers its employees and their families an opportunity to contribute to the Toys for Tots program in the communities along the east coast of Florida that FEC touches every day. In coordination with the Toys for...

2011-11-21 06:56:00

WILMERDING, Pa., Nov. 21, 2011 /PRNewswire/ -- Wabtec Corporation (NYSE: WAB) has acquired Fulmer Company, a leading manufacturer of motor components for rail, power generation and other industrial markets. Based in Export, Pa., Fulmer has annual sales of about $15 million. Wabtec expects the transaction to be accretive in the first year. Fulmer designs and manufactures brush holders and spring assemblies, which are critical components in electric traction motors and generators. The...

2011-11-14 14:13:00

JACKSONVILLE, Fla., Nov. 14, 2011 /PRNewswire/ -- CSX was recognized today as the number three military-friendly employer on G.I. Jobs' 2012 Top 100 Military Friendly Employers list, ranking first in the transportation industry. Holding the overall number three spot for the second year in a row, CSX has been included on the G.I. Jobs annual ranking, which recognizes businesses that emphasize the recruitment of U.S. military veterans, since 2006. "Hiring veterans is both an honor and a...

2011-11-14 09:58:00

CHICAGO, Nov. 14, 2011 /PRNewswire/ -- Ryerson Inc., a leading processor and distributor of metals in North America and Asia recently celebrated the grand opening of their newest service center located in Salt Lake City, Utah. The new 54,000-square-foot facility is centrally located in the heart of the Salt Lake City business district. The facility houses a large offering of long products and serves as the hub for these products for Ryerson branches in the Western United States. In...