Domestic News
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Flags across the Canadian Pacific Kansas City transnational railroad network are flying at half-mast in honor of Patrick J. Ottensmeyer, who served as final President and CEO of Kansas City Southern from 2015 until April 14, 2023. |
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Union Pacific appointed Josh Perkes senior vice president and chief human resources officer, effective Aug. 1. He will report to CEO Jim Vena.UP also named Elise Gosch to succeed Perkes as VP of Loup Logistics and corporate strategy. |
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Norfolk Southern received the Toyota Logistics Services’ Environmental Leadership Award for its inaugural Climate Transition Plan and the Kaizen Award for continuous improvement across the organization. |
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Total intermodal volume increased 7.9 percent compared to the second quarter of 2023. It was the third consecutive quarter of year-over-year growth, coming on the heels of an 8.8 percent upturn in Q1. |
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Now that the NTSB and Federal Railroad Administration have filed their final reports detailing their investigations into the cause of, and actions following, the fiery derailment, Nehls and fellow subcommittee member Rep. Seth Moulton introduced their proposed Railroad Safety Enhancement Act. |
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Union Pacific Railroad is picking up some of the international intermodal traffic diverted from Canada.Much of the railroad’s intermodal gain can be attributed to a surge in US imports from Asia. US imports from Asia increased 12.1% in June year over year. |
International News
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In July 2024, Ukrainian OKKO Group took delivery of the first 20 new tank cars from TAS-Poltavvagon, part of a contract for a total of 100 tank cars. The complete batch is expected to be delivered by early 2025. |
