Kazakhstan Secures $4.2 Billion Locomotive Deal with Wabtec, Marking a Milestone in Rail Industry PITTSBURGH In a significant move to enhance its national railway infrastructure, Kazakhstan Temir Zholy (KTZ), the state-owned rail company of Kazakhstan, has signed a landmark agreement with Wabtec Corporation. Valued at $4.2 billion, this deal stands as t...
New Intermodal Rail Service to Nashville: A Collaborative Response Amidst Challenging Revenue Trends for CSXIn a significant development in the railroad industry, CN (Canadian National Railway) and CSX Corporation announced a collaborative effort to launch a new intermodal rail service into Nashville, Tennessee. This partnership, formalized through a Mem...
In a strategic move to bolster its firefighting capabilities, Canadian National Railway (CN) has announced the expansion of its specialized fire suppression fleet. This endeavor, which includes both new assets and upgrades to existing equipment, is a response to the escalating threat of wildfires that have increasingly impacted rail networks across Canada...
In a significant announcement made on June 30, 2025, Canadian National Railway (CN) revealed plans to invest approximately US$38 million in Iowa as part of its 2025 capital investment program. This investment is strategically focused on vital infrastructure enhancements that aim to bolster track maintenance, ensuring the efficient and safe movement of goo...
CSX Reaches Landmark Labor Deal with Locomotive Engineers JACKSONVILLE, Fla., June 11, 2025 CSX Corporation (NASDAQ: CSX) has announced a significant milestone in its labor relations strategy, as the Brotherhood of Locomotive Engineers and Trainmen (BLET) has ratified a five-year collective bargaining agreement that covers approximately 3,400 locomoti...
In a significant move to bolster its operational capacity and enhance sustainable growth, Canadian National Railway Company (CN) has announced plans to invest approximately $75 million in infrastructure and track maintenance initiatives across Mississippi. As reported on June 11, 2025, this ambitious investment is designed to facilitate the efficient move...
In a bold stride towards fortifying the rails of the future, the Canadian National Railway Company (CN) has announced a significant investment in Atlantic Canada, marking a pivotal chapter in its ambitious infrastructural narrative. On June 5th, 2025, CN revealed its plan to inject approximately $80 million CAD into New Brunswick and Nova Scotia, undersco...
CN Rail to Invest $290 Million in Saskatchewan to Boost Agriculture and InfrastructureMONTREAL, May 26, 2025 Canadian National Railway Company (CN) has announced a significant investment of approximately $290 million CAD in Saskatchewan, aiming to enhance track maintenance and advance strategic infrastructure projects within the province. This initiat...
Canada s Transportation Future: CN s Strategic $510 Million Investment in Alberta Amidst Governance RevitalizationIn a bold move to bolster infrastructure and foster sustainable growth, Canadian National Railway Company (CN) announced a substantial investment of approximately CAD 510 million in Alberta as part of its 2025 capital investment program. This...
On May 2, 2025, Canadian National Railway Company (CN) announced a significant milestone in its corporate governance structure with the election of director nominees as detailed in its management information circular dated March 10, 2025. These developments come at a particularly transformative time for CN, as the company simultaneously champions record-s...
FreightCar America, Inc. Showcases Robust Growth and Strategic Financial Moves Amidst Competitive LandscapeFreightCar America, Inc. has recently made...
CSX Honors Safety in Transporting Hazardous Materials As CSX Corporation (NASDAQ: CSX) commemorates its 31st Annual Chemical Safety Excellence Award, the company shines a spotlight on 62 customers for their commitment to the safe transportation of hazardous materials in 2024. This recognition is part of CSX s broader initiative to uphold safety standards ...
In an impressive display of logistical prowess and commitment to corporate responsibility, CN (TSX: CNR) (NYSE: CNI) has reported significant accomplishments across three major initiatives, showcasing its role as a leader in the transport industry while fostering sustainability and reconciliation. Record-Breaking Grain Movement CN announced that it transp...
CSX Corporation Secures Tentative Labor Agreement: Implications for ShareholdersIn an announcement on March 25, 2025, CSX Corporation (NASDAQ: CSX) revealed that it has successfully negotiated a new tentative five-year collective bargaining agreement with the International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers and Helpers ...
The Union Advantage: CSX s Growth Amidst Negotiation Success and Shareholder ValueIn recent months, CSX Corporation, a key player in the North American transportation sector, has made significant strides in enhancing both its operational strategy and shareholder value. Central to these developments is the ratification of a collective bargaining agreement...
Breaking News: CN and Iowa Northern Railway officially join operationsMONTREAL, March 3, 2025 ? In a landmark move for North American rail logistics, Canadian National Railway Company (CN) and Iowa Northern Railway Company officially merged operations on March 1, 2025. This strategic alignment, authorized previously by the U.S. Surface Transportation Boar...
Driving Forward: CN s Commitment to Progress and Community ResilienceIn a significant move that underscores Canadian National Railway s (CN) commitment to both its workforce and the broader community, the company recently celebrated the formal ratification of a new four-year collective agreement with the International Brotherhood of Electrical Workers (I...
CSX Corporation Announces Dividend Increase Amid Labor Deal Ratification and Mixed Market PerformanceJACKSONVILLE, Fla. February 12, 2025 CSX Corporation (NASDAQ: CSX), a leading transportation services company, has announced an eight percent increase in its quarterly dividend, as approved by the Board of Directors. This development reflects the ongoing c...
Canadian National Railway Company Assures Shareholders with Strategic Moves in 2025On January 30, 2025, Canadian National Railway Company (CNR) (TSX: CNR; NYSE: CNI) made...
In a bold stride towards sustainability, Canadian National Railway Co. (CN) has unveiled its latest innovation: a medium horsepower hybrid electric locomotive, developed in collaboration with Knoxville Locomotive Works (KLW). This groundbreaking project, launched on January 16, 2025, is poised to revolutionize the rail sector, underlining CN s commitment ...
In a significant move to expand its operations and strengthen its position in the North American freight transportation sector, Canadian National Railway Company (CN) announced on January 14, 2025, that it has received approval from the U.S. Surface Transportation Board (STB) for the acquisition of the Iowa Northern Railway Company (IANR). This approval m...
CSX Secures Labor Deal with BMWED Amid Strategic Expansions in North America?s Rail Transport Landscape On January 10, 2025, CSX Corporation (NASDAQ: CSX), a leading North American railroad, announced the successful ratification of a five-year collective bargaining agreement with the Brotherhood of Maintenance of Way Employes Division of the Internationa...
FreightCar America, Inc. Takes Strategic Steps to Enhance Financial Position with Preferred Shares Redemption and Tank Car ExpansionFreightCar America, Inc. a leader in freight car manufacturing, has made significant strides in its financial restructuring and operational expansion, recently announcing an agreement to redeem all outstanding preferred shar...
In a notable development for the Canadian National Railway Company (CN), the union representing approximately 3,300 employees, Unifor, formally ratified new four-year collective agreements on December 22, 2024. This significant step comes at a time when CN grapples with continuous challenges in labor relations just as it advances its sustainability agenda...
In the ever-evolving landscape of corporate responsibility, Canadian National Railway Company (CN) stands out with its recent ventures aimed at bolstering sustainability and enhancing rail safety. As the company recognizes its stakeholders for their commitment to environmentally conscious practices and simultaneously addresses labor relations, it illustra...
Canadian National Railway (CN), a powerhouse in North America s rail industry, is signaling a transformative shift with its recent strategic actions. With the unveiling of its inaugural Indigenous Reconciliation Action Plan, CN underscores its commitment to forging lasting and meaningful relationships with Indigenous communities throughout Canada. Coupled...
Rail Vision Ltd has recently unveiled a cutting-edge active control system aimed at equipping locomotives with semi-autonomous capabilities. This development represents a significant leap forward in the evolution of railway technology, positioning the company to meet the increasing demand for automation within the transportation sector. As Rail Vision pre...
New York, October 30, 2024 - FTAI Infrastructure Inc. (NASDAQ: FIP) has released its financial results for the third quarter of 2024, showcasing promising growth metrics and strategic advancements that signal a robust outlook for the company. The results highlight the company?s resilient performance and its commitment to enhancing energy infrastructure as...
Strong Growth and Resilience: Westinghouse Air Brake Technologies Corporation's Impressive Fiscal PerformanceAs the fiscal time-frame ending September 30, 2024, comes to a close, Westinghouse Air Brake Technologies Corporation (WAB) has once again proven its mettle in the competitive landscape of the Railroads sector. With a remarkable bottom line reflect...
CN Announces Fourth-Quarter Dividend Amid Negotiation ImpasseIn an announcement that reflects both its commitment to shareholders and the challenges ahead, Canadian National Railway Company (CN) has declared a quarterly dividend poised to reward investors while navigating complex negotiations with labor unions. On October 22, 2024, CN (TSX: CNR) (NYSE: C...
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