Latest Rail Industry News
The Association of American Railroads (AAR) has reported that U.S. rail traffic for the week ending December 15, 2018, totaled 568,941 carloads and intermodal units, a 3.9 percent increase compared to the same week in 2017.
The Metropolitan Transportation Authority’s (MTA) New York City Transit will be rebuilding a portion of the J line in Queens, including all tracks and switches, near the Jamaica Center terminal. The work will take place from December 28, 2018, to January 7, 2019.
Canadian Pacific (CP) has announced that Board Chairman Andrew F. Reardon will retire as of CP’s 2019 Annual General Meeting on May 7, 2019. CP's Board has selected Isabelle Courville, a current member of the Board, as its next chair.
Trinity Industries, Inc. has announced that Senior Vice President and Chief Financial Officer James E. Perry will leave the company to pursue other interests.