NEWS Since TheThe TorontoTorontoNEWS RailwayRailway ClubClub1931 Volume 27, Number 3, Fall 2008 COMING NEWS EVENTS Put these dates on your calendar! Annual Golf Tournament The Club’s popular annual golf tournament took place at the beautiful Glen Eagle Club 74th Annual Dinner in Bolton on Friday, June 13 under ideal conditions - sunny skies and warm temperatures! The tournament had approximately 244 golfers teeing off in a 9 am shotgun start with Friday, December 5, 2008, great prizes up for grabs at many of the holes. Fairmont Royal York Hotel, Toronto. See details on page 4. The tournament wrapped up with an excellent hot dinner of steak, chicken and schnitzel, Annual Meeting followed by the awarding of golf prizes and Monday, Jan. 26, 2009 a large assortment of raffle prizes. Toronto Annual Meeting and election of officers, Railway Club President Susan Reid Tanaka 5 pm at Union Station. (shown at left) welcomed the golfers and guests and thanked the members of the Annual Valentine’s Dinner- tournament organizing committee: Al Lusk, Dance Bernie Maskerine, Christopher Jones, Dan Saturday, February 14, 2009 Jagos, Bob McKeracher, James Allan, Paul Fairmont Royal York Hotel, Toronto. Kerry, Brian Kirk, Ron Hogan, Dennis Ryan and Kirk McDonald. On behalf of the Annual Golf Tournament Club, Susan also thanked the many suppliers Friday, June 19, 2009 who generously donated an magnificent array Glen Eagle Golf Club, Bolton, Ontario of prizes. The prize donors are listed on page three. More photos next page! Other Events: CANADIAN RAILWAY CLUB - 101st Annual Dinner Friday, February 6, 2009, Hotel Bonaven- ture, Montreal. Info & tickets for Canadian Railway Club events: Jean Corbeil at 514-636-4269 or e-mail: [email protected] In this issue... Golf Tournament Pictorial News Briefs Annual Dinner Update October Luncheon Meet- The golf tournament raffle grand prize - a 32” LCD TV donated by Wabtec Corp. - was won by Ian Massi of GO Transit, shown above (centre) being congratulated by Chuck ing Report Best and Brian Hoath of Wabtec Corp. Golf Tournament Highlights continued Susan Reid Tanaka and prizewinner Judy Susan Reed Tanaka presents prizes to the winning foursome of James D. Allan, David Cavanaugh Allan, Scott Allan and Jon Drohan. The team had a score of 16 under par. Club First Vice-President Paul Kerry with trio of prizewinners. Prizewinner and Club Second Vice-President Greg Percy. Tournament Chairman Dennis Ryan pictured with Trio of golfers who won the “Most Honest Team” prize are pictured with tour- one of the hole prizewinners. nament committee member, Kirk McDonald. 2 Prizewinner Elaine Logan and Paul Kerry Susan Reid Tanaka presents another prize. Club Secretary Dennis Ryan and Past President, Thanks to tournament volunteers Don and Chrisia Brownlee, Bernard Barry Bahm. Rivest and Leslie McKenzie. Missing from the photo are Lucie Jabour, and Carrielynne Kruty. PRIZE DONORS A special thanks to all our industry friends who made our golf tournament a success through their gracious generosity! Albrecht Inc. Hydra-Nor International Rail America-Goderich Exeter Railway All Canada Crane IEC Holden Inc. Rail America-Ottawa Valley Railway Alstom Signalling Impact Cleaning Services Rail America-Southern Ontario Railway American Railcar Leasing Jarislowsky Fraser Rail Care Bombardier Jaychris Indus-Rail Supply Rail Term Cando Contracting Knorr Brake Reefer Sales CN Brampton Intermodal London Rail Service Ronsco Supply CN Mechanical (Eastern Region) Mass Electric Construction Co. Safetran CN Real Estate & Business Developement Mechanical Systems Remanufacturing Sherwood Electromotion Canadian Pacific Railway Michael Walker Advertising Simplex Grinnell Dan Maher Motor Coils Mfg. SNC Lavalin ProFac Davanac National Steel Car Ltd. Standard Car Truck Detroit River & Tunnel Oil Well Supply Timken Canada Limited Donohue Railroad Equipment Ontario Southland Railway Inc. Toronto Terminals Railway Trinity Rail Group Expressway Ottawa Central Railway UMA Engineering First Union Rail Outdoor Opportunities VAE Nortrak Gerdau Ameristeel PBD Sales Agency Veolia Transportation Giffels Associates Ltd. PGM Rail Services VIA Rail Glen Eagle Golf Club PNR Railworks WABTEC Corporation Hallcon Portec Rail Westcode Harsco Principle Access Security Solutions Whiting Hatch Mott Macdonald Procor 3 Toronto Railway Club News th Published by the Toronto Railway Club 74 for its members The aims and objectives of the Toronto Railway Club are the advancement and dissemination of ANNUAL knowledge in connection with the construction, operation and maintenance of railways and other forms of transportation, together with the equipment DINNER and supplies used therewith for the benefits of the members and the companies they represent. Friday, December 5, 2008, Canadian Room, Editorial Committee: Susan Reed Tanaka President Fairmont Royal York Hotel. Dennis Ryan Secretary Kirk McDonald Treasurer Editor/Publisher: John Glatzmayer E-mail: [email protected] Address correspondance to: Kirk McDonald, Toronto Railway Club, P.O. Box 114, Union Station, 65 Front St. West Toronto, ON M5J 1E6 E-mail: [email protected] Guest speaker, Rob Dinner Chairman, Paul Entertainment: Mike MacDon- MacIsaac, Chairman, Kerry, Area Manager Busi- ald, one of the top funny men Metrolinx. ness Development, CP. in Canada. PACIFIC NORTHERN RAIL CONTRACTORS INC. 455 Silvercreek Pkwy. North, Guelph, Ontario N1H 8M7 519-763-2960 Fax 519-763-2964 Tickets on sale now! $105 per person including gratuity and tax. www.pnrail.com To order your tickets by email: kirk.mcdonald@ ttrly.com To order tickets by phone, call Kirk McDonald at 416-864-3440, WHITING extension 223. EQUIPMENT CANADA INC. www.whiting.ca All tables will seat ten. • TRACKMOBILE® SALES, REPAIRS & PARTS • LIFTING SYSTEMS JACKS, DROPTABLES, DON’T MISS THE TORONTO RAILWAY TRANSFERTABLES, CLUB’S PREMIER EVENT OF THE YEAR TURNTABLES, PROGRESSION SYSTEMS. 1-800-407-3384 NYAB Serving your braking KNORR BRAKE LIMITED requirements A Knorr Brake Company KNORR BRAKE LIMITED 675 Development Dr. Kingston, ON K7M 4W6 Phone: (613) 389-4660 Fax: (613) 389-8770 NEW YORK AIR BRAKE 748 Starbuck Ave., Watertown, N.Y. 13601 Phone: 1-888-836-6922 Fax: (315) 786-5675 4 N E W S B R I E F S A roundup of news highlights in Canada’s railway industry. Products that Enhance Safety and Productivity for the Rail CPR APPOINTMENT CP THIRD QUARTER RESULTS Industry Kathryn McQuade has been named Execu- Canadian Pacific reported net income of • Electronics • Pneumatics tive Vice-President and Chief Financial $173 million for the third quarter, down • Friction Materials • Accessories Officer of Canadian Pacific Railway from $219 million in 2007 while total rev- Limited. She joined CP as Executive enues rose seven per cent to $1.26 billion TEL. FAX Vice-President and Chief Operating Of- from $1.19 billion a year ago. Operating Montreal (450) 458-0063 458-0064 ficer in 2007. Prior to that she had held expenses were $962 million for the quarter, Stoney Creek (905) 561-8706 561-8705 the position of Executive Vice-President up from $866 million a year earlier, with (Transit) (905) 561-8700 662-6616 Winnipeg (204) 982-6031 982-6035 - Planning and Chief Information Officer the price of fuel the single largest driver at Norfolk Southern Corp. contributing to the increase in expenses. CP Press Release September 4, 2008 The company said freight revenues rose 8% in the third quarter on continued pric- CN THIRD QUARTER ing strength, inclusive of fuel recoveries. National Steel Car Limited Industrial and consumer products revenues RESULTS EXCEED EXPECTA- were up 24%, with automotive and inter- modal revenues increasing 16 and 11 per TIONS cent respectively. CN reported its third quarter operating For the first nine months of 2008, total results October 21 announcing a gain in revenues were up 3% to $3.6 billion, in- revenues of 12% to $2,257 million, a 10% come decreased 7% to $453 million from operating income gain to $844 million, and $488 million a year earlier and operating a 14% net income gain to$552 million (all expenses were up 8% to $2.9 million. figures in Canadian funds). The company’s operating ratio rose by six-tenths of one CP Press Release October 28, 2008 Serving Canada's Railways point to to 62.6%. Since 1912 The results for the third quarters of 2008 and 2007 were affected by by deferred CP ASSUMES CONTROL OF income tax adjustments. The company DM&E said it managed to offset most of the 60% Swift Railroad Contractors rise in diesel prices year over year during Canadian Pacific Railway announced Oc- Corporation the quarter with higher fuel surcharges, tober 30 it had assumed control of Dakota, 6740 Conc 4, Smithville ON L0R 2A0 improved pricing and stronger commodity Minnesota and Eastern Railroad, an ac- 905-957-7507 Fax 905-957-3777 volumes, but also by aggressively trim- quisition CP made last fall. Fred Green, Call for all your construction, maintenance and material needs ming whatever fat it could find in its own President and CEO said, “The DM&E’s operations. speed to market, operational efficiency E. Hunter Harrison, President & Chief Advertise your company’s products and organic growth reinforces our confi- Executive Officer said, “I am extremely and services in this newsletter for dence in the strength and potency of this pleased with our results. Operational acquisition.” He added, “given the year-to- as little as $125 per year! execution during the quarter was outstand- date performance and our current outlook Call Kirk McDonald at 416-864-3440 ext.223 ing, with notable gains in network fluidity, productivity and asset utilization, while we we are anticipating it will surpass our esti- enjoyed good revenue growth across most mate of 15 to 17 cents contribution to our commodity groups.” 2008 earnings per share.” RONSCO INC. CN Press Release October 21, 2008 CP news release, Oct. 30, 2008 HEAD OFFICE 1440 St. Catherine St. West, WEST TORONTO DIAMOND Suite 712 Montreal, QC H3G 1R8 Serving Canada's Rail Industry with locomotive and car parts.