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Latest Transportation in North America Stories

2014-07-24 16:21:34

CALGARY, July 24, 2014 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today declared a quarterly dividend of thirty-five cents ($0.35) Canadian per share on the outstanding Common Shares. The dividend is payable on October 27, 2014 to holders of record at the close of business on September 26, 2014, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation....

2014-07-23 16:21:06

Lower Mainland improvements pave way for expanded global trade VANCOUVER, July 23, 2014 /CNW/ - The Government of Canada and its partners today celebrated two significant road projects in the South Shore Trade Area (SSTA) of Burrard Inlet, which are in their final stages and will enhance truck, rail, and port operations while reducing impacts to local communities. The Honourable Lisa Raitt, Minister of Transport, was joined by Gregor Robertson, Mayor of Vancouver; Robin Silvester, President...

2014-07-22 16:20:40

NORFOLK, Va., July 22, 2014 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced that its Board of Directors today voted to increase the regular quarterly dividend on the company's common stock by 6 percent, or 3 cents per share, from 54 to 57 cents per share. The increased dividend is payable on Sept. 10, to stockholders of record on Aug. 1. Since its inception in 1982, Norfolk Southern has paid dividends on its common stock for 128 consecutive quarters. Norfolk...

2014-07-21 16:20:59

MONTREAL, July 21, 2014 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a third-quarter 2014 dividend on the Company's common shares outstanding. A quarterly dividend of twenty-five cents (C$0.25) per common share will be paid on Sept. 30, 2014, to shareholders of record at the close of business on Sept. 9, 2014. CN is a true backbone of the economy, transporting approximately C$250 billion worth of goods annually for a wide...

2014-07-21 12:21:12

MONTREAL, July 21, 2014 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) will issue its second-quarter 2014 financial and operating results today, July 21, 2014, at 4.01 p.m. Eastern Daylight Time (EDT). CN's senior officers will review the results and the railway's outlook in a webcast/conference call starting at 4.30 p.m. EDT today. Claude Mongeau, CN president and chief executive officer, will lead the call. Parties in North America who wish to participate in or listen to the...

2014-07-16 20:20:45

CALGARY, July 16, 2014 /PRNewswire/ - Canadian Pacific Railway Limited (TSX/NYSE: CP) announced today it will be asking the Superior Court of Quebec to stay a July 14, 2014 decision by the Canadian Railway Office of Arbitration (CROA), which ruled a locomotive engineer, who consumed cocaine at a time and of a quantity which could impact his duties, must be reinstated. CP also announced it will be appealing the agency's order to the Superior Court of Quebec asking it to overturn...

2014-07-15 16:21:49

Leveraged strong growth environment to produce all-time quarterly records for revenue, operating income, and earnings per share JACKSONVILLE, Fla., July 15, 2014 /PRNewswire/ -- CSX Corporation (NYSE: CSX) today announced second-quarter net earnings of $529 million, or $0.53 per share, up from $521 million, or $0.51 per share in the same quarter of 2013. For the quarter, revenue increased 7 percent to an all-time record $3.2 billion on volume growth of 8 percent, with strength...

2014-07-09 16:20:36

JACKSONVILLE, Fla., July 9, 2014 /PRNewswire/ -- Earlier today, the board of directors of CSX Corporation (NYSE: CSX) approved a $0.16 per share quarterly dividend on the company's common stock. The dividend is payable on September 15, 2014, to shareholders of record at the close of business on August 29, 2014. CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across...

2014-07-09 12:20:40

JACKSONVILLE, Fla., July 9, 2014 /PRNewswire/ -- Over the Fourth of July holiday, more than 525 CSX employees were hard at work on the railroad, safely replacing about 68,000 railroad ties and 200,000 feet of rail, and completing nearly 120 miles of surfacing work. These accomplishments were part of the 2014 CSX "Maintenance Jamboree," an annual blitz that accomplishes about a year's worth of rail, crosstie, signal and bridge work during one week to reduce impact on customers and...

2014-06-30 16:21:16

JEFFERSONVILLE, Ind., June 30, 2014 /PRNewswire/ -- John Goldman, vice president, has been named president of the Louisville & Indiana Railroad (www.anacostia.com/lirc/lir.html), effective July 11. He succeeds Mike Stolzman, who is joining Colo Railroad Builders in Houston, Texas to be closer to his family. Mr. Goldman has 19 years of rail experience and joined the L&I in November 2012 from CN (Canadian National), where he had been superintendent of the Iowa and Valley...


Word of the Day
sough
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'
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