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January 15, 2013
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Daily news coverage of the railroad industry

  Industry Update 
  • TTCI works with university on new MSE program
    Professionals at the Transportation Technology Center, Inc., have collaborated with engineering faculty at Colorado State University-Pueblo to develop a Master of Science in engineering degree that focuses on railroad engineering and mechatronics. The program will begin in the fall, with two course offerings, Vehicle Dynamics and Railroad Structures. RT&S online (1/14) LinkedInFacebookTwitterEmail this Story
  • KCS: New online tool to help convert more truckloads to rail
    Kansas City Southern is helping customers recognize the benefits of railroad shipping over truck transport through its "Take the Fast Track across the Border" online tool. "Awareness of our strategically positioned cross-border rail line, access to ocean and Gulf ports and network of state-of-the-art intermodal facilities is gaining traction in the market," said Brian Bowers, KCS senior vice president of intermodal. (1/14) LinkedInFacebookTwitterEmail this Story
  • CP beefs up intermodal capacity through new facility
    Canadian Pacific's new intermodal facility at the Global Transportation Hub in Regina, Saskatchewan, strengthens the company's "commitment to supporting further growth with our customers and improving supply chain efficiency in the region," said Jane O'Hagan, CP executive vice president and chief marketing officer. "This new facility, along with CP's 10 other intermodal locations, will enhance our competitive access to key North American and world markets." Winnipeg Free Press (Manitoba)/The Canadian Press (1/14), (1/14) LinkedInFacebookTwitterEmail this Story
  • CSX makes executive changes to intermodal department
    CSX recently named Ryan Houfek as assistant vice president of intermodal marketing and Maryclare Kenney as assistant vice president of intermodal sales. "Ryan and Maryclare bring a rich base of experience across market segments, and demonstrate a keen focus on customer needs, both now and for the future," said Bill Clement, CSX vice president of intermodal. The railroad also promoted Drew Glassman to vice president of operations finance. (1/14) LinkedInFacebookTwitterEmail this Story
  Infrastructure & Economic Spotlight  
  • U.S. could run out of money by mid-February, Geithner says
    "Extraordinary measures" used by the U.S. government to pay bills while waiting to have the debt limit raised will work only until sometime between mid-February and early March, Treasury Secretary Timothy Geithner said in a letter to House Speaker John Boehner, R-Ohio. "Congress should act as early as possible to extend normal borrowing authority in order to avoid the risk of default and any interruption in payments," he wrote. Bloomberg (1/14) LinkedInFacebookTwitterEmail this Story
  • Va. port's cargo volume rose 9.8% in 2012 year-on-year
    The volume of 20-foot equivalent units handled at the Port of Virginia climbed 9.8% last year compared to 2011 levels, and the overall number of rail containers increased 16.8%. "[December] made the sixth month in 2012 in which the port recorded a double-digit monthly increase year-over-year, and the eleventh consecutive month of positive year-over-year growth in containers and rail containers," said Rodney Oliver, Virginia Port Authority's interim executive director. (1/14) LinkedInFacebookTwitterEmail this Story
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