Latest Transportation in North America Stories
JACKSONVILLE, Fla., March 4, 2013 /PRNewswire/ -- CSX today announced that the I-85 Site in Macon County, Ala., is the first recipient in the state to receive CSX Select Site designation. CSX's Select Site program reviews the most capable manufacturing and distribution development properties along the CSX network that can rapidly utilize freight rail service. This designation confirms that standard land use issues have been addressed and that the site is ready for development....
JACKSONVILLE, Fla., March 4, 2013 /PRNewswire/ -- Melissa (Missy) Westerman has accepted the position of Vice President and Corporate Controller for Florida East Coast Railway, effective April 2, 2013. (Logo: http://photos.prnewswire.com/prnh/20120203/CL47054LOGO) Ms. Westerman has more than 16 years of experience in corporate accounting, and has served at CSX for over eleven years in various roles, including Assistant Vice President Capital Planning & Enterprise Risk...
JACKSONVILLE, Fla., Feb. 28, 2013 /PRNewswire/ -- CSX Corporation (NYSE: CSX) today announced that the company won a U.S. Environmental Protection Agency (EPA) 2013 Climate Leadership Award in the Goal Achievement category. The award recognizes CSX's 8 percent voluntary reduction of greenhouse gas (GHG) emissions intensity since 2007. "Reducing CSX's emissions intensity by enhancing fuel efficiency is important to CSX's mission and benefits our customers, employees, neighboring...
CHICAGO, IL, Feb. 28, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) announced today it will increase shipments of heavy northern Alberta crude oil through LBC Tank Terminals' expanded terminal at Sunshine, located within the Geismar, La., Industrial Complex, starting in March 2013. The new service is part of CN's plan to develop new markets for northern Alberta crude oil on the east side of the Mississippi River near the Gulf of Mexico. CN is also moving chemicals from the...
JACKSONVILLE, Fla., Feb. 27, 2013 /PRNewswire/ -- Fredrik Eliasson, CSX Corporation (NYSE: CSX) executive vice president and chief financial officer, will address the JP Morgan Aviation, Transportation and Defense Conference in New York City, N.Y. on Wednesday, March 6, at 8:00 a.m. Eastern Time. Access to the audio webcast will be available on CSX's website at http://investors.csx.com. A replay and accompanying audio will be available following the conclusion of this event. CSX,...
Transportation Secretary Ray LaHood, FTA Administrator Joseph Szabo, other experts are featured in the seven-video set. SAN JOSE, Calif., Feb. 26, 2013 /PRNewswire-USNewswire/ -- US Transportation Secretary Ray LaHood and other experts are featured in "Economic and Social Impacts of High-Speed Rail Systems," a set of seven videos from a day-long workshop on the future of high-speed and intercity passenger rail. Posted by the Mineta Transportation Institute (MTI), each video focuses...
MONTREAL, Feb. 26, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) today announced that its wholly-owned subsidiary, CNLX Canada Inc., is extending the period during which holders who tender their notes will receive the consent payment of US$2.50 per US$1,000 principal amount of notes (in addition to principal amount and accrued and unpaid interest) to 11.59 p.m., New York City time, on March 11, 2013. The settlement date remains unchanged on or about March 12, 2013. Under the terms...
JACKSONVILLE, Fla., Feb. 25, 2013 /PRNewswire/ -- CSX will announce that the North Etowah Industrial Park in McMinn County, Tenn., is the first recipient in the state to receive CSX Select Site designation at a special event in Etowah, Tenn., on Tuesday, Feb. 26. CSX's Select Site program reviews the most capable manufacturing and distribution development properties along the CSX network that can rapidly utilize freight rail service. This designation confirms that standard land...
NORFOLK, Va., Feb. 25, 2013 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) announced today that it will cease regional railcar classification operations at its Roanoke Terminal hump yard in Roanoke, Va., beginning today. This will mean the elimination of about 140 positions. The Terminal will continue to provide service to local customers, and to be a hub for through-train operations. The Roanoke hump operation has seen a steady decline in the volume of general merchandise cars...
CALGARY, Feb. 22, 2013 /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 April 29, 2013 to holders of record at the close of business on March 28, 2013, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About...
