Conrail

Former Conrail president and chief operating officer Tim Tierney joins HNTB

Retrieved on: 
Thursday, August 24, 2023
Federal Railroad Administration, New Jersey Institute of Technology, HNTB, P.E, Transport, Conrail, Rail freight transport, Rail transport, Engineering, Norwich University

CHERRY HILL, N.J., Aug. 24, 2023 /PRNewswire-PRWeb/ -- Tim Tierney, P.E., who previously served as president and chief operating officer for Conrail, has joined HNTB as a senior project director and rail industry technical advisor. In this role, Tierney will leverage his wealth of experience in the rail and freight logistics industry to advise clients on various large scale railroad operations, design and construction projects.

Key Points: 
  • CHERRY HILL, N.J., Aug. 24, 2023 /PRNewswire-PRWeb/ -- Tim Tierney, P.E., who previously served as president and chief operating officer for Conrail, has joined HNTB as a senior project director and rail industry technical advisor.
  • In this role, Tierney will leverage his wealth of experience in the rail and freight logistics industry to advise clients on various large scale railroad operations, design and construction projects.
  • Over the course of his career, he worked in various supervisory and management positions across the Conrail system, advancing through roles with progressively more responsibility.
  • In 2017, after a nearly two decades of success as chief engineer, he became president and chief operating officer, a role that included responsibility for all rail operations, dispatching, engineering, mechanical and customer service.

STB approves appointment of Ronald L. Batory as KCS Voting Trustee

Retrieved on: 
Saturday, March 4, 2023
Crime, Risk, Weather, Tax, Earthquake, Terrorism, Transport, S.A, FLI, Voting trust, KCS, Investment, Attention, The, Maintenance, COVID-19, Thermal Belt Railway, Climate change, AB, Analysis, News, Violence, Uncertainty, Insurance, TSX, FRA, Prospectus, Public opinion, Concession, Public expenditure, Flood, Death, Conrail, Drought, Result, NYSE, STB, Operation, Financial condition report, Conversation, Trustee, Security (finance), CP

Surface Transportation Board ("STB") has approved the appointment of former U.S. Federal Railroad Administration ("FRA") Administrator Ronald L. Batory as the Trustee of the CP-Kansas City Southern ("KCS") Voting Trust, following the death of David Starling.

Key Points: 
  • Surface Transportation Board ("STB") has approved the appointment of former U.S. Federal Railroad Administration ("FRA") Administrator Ronald L. Batory as the Trustee of the CP-Kansas City Southern ("KCS") Voting Trust, following the death of David Starling.
  • With the STB's approval Friday, Mr. Batory's appointment has become effective immediately and he will serve as the Voting Trustee until CP exercises control of KCS with the authorization of the STB.
  • While the Voting Trust is in place, CP and KCS continue to operate as separate companies.
  • All FLI in this news release is expressly qualified in its entirety by these cautionary statements.

CP announces proposed appointment of Ronald L. Batory as KCS Voting Trustee

Retrieved on: 
Wednesday, March 1, 2023
Public opinion, FLI, Death, Climate change, TSX, Transport, Flood, News, Terrorism, Crime, Prospectus, Weather, Public expenditure, S.A, NYSE, Insurance, Uncertainty, Maintenance, Acquisition, Risk, Violence, Thermal Belt Railway, Conrail, Investment, Voting trust, Financial condition report, Tax, Attention, Result, Drought, The, Earthquake, Trustee, Concession, FRA, KCS, AB, STB, Conversation, Analysis, Operation, COVID-19, Security (finance), CP

1, 2023 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) ("CP") today announced that it has proposed for approval by the U.S.

Key Points: 
  • 1, 2023 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) ("CP") today announced that it has proposed for approval by the U.S.
  • Surface Transportation Board ("STB") the appointment of former U.S. Federal Railroad Administration ("FRA") Administrator Ronald L. Batory as the Trustee of the CP-KCS Voting Trust, following the death of David Starling.
  • Immediately upon the closing of CP's acquisition of KCS on Dec. 14, 2021, the shares of KCS were placed into a Voting Trust with Mr. Starling appointed as the Trustee.
  • The Voting Trust remains in effect until CP exercises control of KCS with the authorization of the STB.

Rise Light & Power and Delaware River Partners to Collaborate on New Jersey's First Offshore Wind Cable Manufacturing Facility

Retrieved on: 
Thursday, April 14, 2022
CEO, FTAI, CSX, Hearing, Sri Venkateshwara Mobile and Electronics Manufacturing Hub, Farm, Rehabilitation, District, Fortress Investment Group, Goal, Norfolk Southern Railway, Growth, BPU, Ravenswood Generating Station, PJM Interconnection, I-95, Economic development, Solution, DRP, DuPont, NYSE, Policy, Investment, Public, PJM, Partnership, Brilliant Light Power, Conrail, Wind, Industry, Multimedia, Transport, Delaware River, View, Fortress Transportation and Infrastructure Investors, Tunnel, Renewable energy, Oil, Baile Ghib

GREENWICH TOWNSHIP, N.J., April 14, 2022 /PRNewswire/ -- Rise Light & Power (Rise) and Delaware River Partners LLC (DRP) today announced an historic partnership to position New Jersey as a leading manufacturing hub in the growing offshore wind industry.

Key Points: 
  • "We are proud to enter into a partnership with Rise Light & Power to develop New Jersey's first submarine cable manufacturing facility," said Hank Alexander, DRP's CEO.
  • Conveniently situated along the Delaware River, we are accessible and fully capable of meeting the offshore wind industry's needs."
  • Currently, there is only one operational U.S. offshore wind cable manufacturing facility out of South Carolina.
  • A typical offshore wind cable manufacturing plant may produce approximately 120 miles of cable per year, depending on size.

Norfolk Southern names McClellan, Nag to senior executive roles; Moore appointed VP & Controller

Retrieved on: 
Thursday, February 10, 2022
NYSE, Financial management, NSC, Law, Controller, Corporate Accountability, District, Assistant, Goldman Sachs, Lawyer, Research, SEC, McClellan, Transport, Nabanita Handique, Prudential Financial, SVP, Accounting research, Compliance, Clay, General counsel, Retirement, Population, KPMG, Privacy, Finance, Senior, Industry, Conrail, Multimedia, Associate, Corporation, Investor relations, Whaling, Management, Rail transport, Treasury, Norfolk Southern Railway, Nag

ATLANTA, Feb. 10, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced three promotions in executive management.

Key Points: 
  • ATLANTA, Feb. 10, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced three promotions in executive management.
  • "Norfolk Southern is fortunate to have a talented, deep, and experienced executive team leading the way as we move forward with our business strategy.
  • Prior to joining Norfolk Southern, Nag served as Vice President & Corporate Counsel in the Financial Management Law Group at Prudential Financial.
  • Norfolk Southern connects customers to markets and communities to economic opportunity, with safe, reliable, and cost-effective shipping solutions.

Braskem Expands U.S. Propylene Supply Import Capabilities

Retrieved on: 
Thursday, January 20, 2022
CSX, I-95, Plant, Health, Biotechnology, Biopolymer, COVID-19, NYSE, Food packaging, Delaware River, BAK, Conrail, DNA, Hygiene, Norfolk Southern Railway, PPE, Technology Center, N-95, DuPont, Partnership, Social media, Chemical, Braskem

Today's announcement follows a strategic initiative by Braskem to further enhance its feedstock optionality to supply propylene to its polypropylene (PP) manufacturing facility located in Marcus Hook, Pa. and allow the business to capture arbitrage opportunities for competitive propylene abroad.

Key Points: 
  • Today's announcement follows a strategic initiative by Braskem to further enhance its feedstock optionality to supply propylene to its polypropylene (PP) manufacturing facility located in Marcus Hook, Pa. and allow the business to capture arbitrage opportunities for competitive propylene abroad.
  • Alexandre Elias, VP Polypropylene, Braskem America, stated, "Our new partnership with Repauno provides Braskem with increased flexibility and optionality to import propylene particularly when international prices are competitive.
  • Additionally, it provides the flexibility to import in the event of supply disruptions to the asset.
  • I am extremely proud of our team for bringing this opportunity to fruition, and successfully completing the import delivery."

Collection Sites Achieves Expansion into State of Pennsylvania with Launch of 5 New COVID-19 Testing Sites; Appoints New Director Dr. Beverley Richardson

Retrieved on: 
Thursday, January 14, 2021
Conrail, Pennsylvania Railroad, Rail transportation in the United States, Economy of the United States, Rail transport by country

The continued success of Collection Sites rollout has led to the expansion into Pennsylvania, with 5 sites now operating across the state for a total of 40 operating sites.

Key Points: 
  • The continued success of Collection Sites rollout has led to the expansion into Pennsylvania, with 5 sites now operating across the state for a total of 40 operating sites.
  • TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Medivolve Inc.(Medivolve) (NEO:MEDV; OTC:COPRF; FRA:34C1) is pleased to announce the launch of five new COVID-19 testing centres in Pennsylvania by its wholly owned subsidiary, Collection Sites, LLC.
  • In order to maximize operational efficiency, Collection Sites is conducting a state by state expansion where possible.
  • With a population of over 12.9 million Americans, Pennsylvania was selected to serve as another important state for Collection Sites.

UMH PROPERTIES, INC. COMPLETES ACQUISITION OF PENNSYLVANIA COMMUNITY

Retrieved on: 
Friday, July 24, 2020
UMH Properties, UMH, Rail transportation in the United States, Economy of the United States, Conrail, Altoona, Pennsylvania, Pennsylvania Railroad, Altoona, Rail transport by country

FREEHOLD, NJ, July 24, 2020 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) announced that it closed on the acquisition of one community located in Pennsylvania for a total purchase price of approximately $3.34 million.

Key Points: 
  • FREEHOLD, NJ, July 24, 2020 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) announced that it closed on the acquisition of one community located in Pennsylvania for a total purchase price of approximately $3.34 million.
  • This community contains 147 developed homesites, of which approximately 56% are occupied.
  • Samuel A. Landy, President and Chief Executive Officer, commented, Camelot Woods is a value-add community located in Altoona, Pennsylvania.
  • It is a high-quality community that was developed in the late 1990s and is in good condition.