Ronald Conway Named President of CSXT
Ronald Conway has been named president of CSX Transportation. He joined CSXT from Conrail in 1998 as executive vice president and chief operating officer. He replaces Alvin (Pete) Carpenter who has been elected vice chairman of CSX Corporation.
CSX to Sell Sea-Land International Liner Business
CSX Corporation has announced the sale of its Sea-Land Service subsidiary's international liner business to the A.P. Moller Group of Copenhagen (A.P. Moller-Maersk Line) for $800-million. Sea-Land operates approximately 70 container vessels and about 200,000 containers in its international trades. The combined services will be marketed under the name of Maersk-SeaLand. Domestic container shipping, including facilities in Hong Kong, are not part of the agreement, and will remain under CSX ownership.
CSX Reports Drop in Earnings
CSX Corporation has reported second quarter net earnings of $114-million, or 53 cents per share. This compares to $151-million, or 70 cents per share, in the same quarter last year. Costs related to the Conrail integration, along with a weakening in coal traffic, impacted the results.
CSXT Adds Two Former Amtrak Locomotives to Roster
CSXT has added two former Amtrak F40PH2 locomotives to its roster for use in office car service. They were Amtrak units 390 and 395, renumbered by CSXT to 9992 and 9993 respectively.
Cynthia Sanborn Named to Head CSXT's Florida Business Unit
Cynthia Sanborn, formerly superintendent-transportation in Pittsburgh for CSXT's Baltimore Service Lane, has been named vice president and general manager of the railroad's Florida Business Unit. She replaces Paul Sandler, who was named vice president-corporate services.
BNSF Adds New Chemical Train
Burlington Northern Santa Fe has introduced a new train for chemical traffic between Houston, Texas, and Galesburg, Illinois, reducing transit time by up to 36 hours.
BNSF and Dana Transport Form Tank Container Partnership
Burlington Northern Santa Fe and Dana Transport, Inc., have created a transportation partnership for domestic intermodal tank container service. Under the arrangement, customers will now contact Dana's Rapid Rail System Division for all equipment and service needs, and Dana will coordinate shipment with BNSF. Dana owns and operates more than 10,000 pieces of bulk liquid transportation equipment, according to a BNSF report.
Union Pacific Testing Rail Lubrication System to Cut Fuel Consumption
Union Pacific is conducting a study to determine if a top-of-rail lubrication, a means of reducing wheel friction, will also cut locomotive fuel consumption. The top-of-rail lubrication is not oil, but a water-based friction modifier composed of a glycol-like substance. Unlike oil, which leaves a film on the rail, TOR is laid down as the train moves along, and then evaporates.
B&O Railroad Museum Affiliates with Smithsonian Institution
The B&O Railroad Museum in Baltimore is now affiliated with the Smithsonian Institution. The affiliation, which is the first for any railroad museum in the country, will allow it to work in conjunction with the Smithsonian on exhibits and programs, and the borrowing of artifacts.