The Sierra Northern Railway board of directors has named Kennan H. Beard III as the company’s new Chief Executive Officer. Ken, a seasoned industry executive with over 20 years of experience in railroad operations, will lead the California railroad’s growth and expansion plans across all its business divisions.
Judge Troy L. Nunley has awarded Sierra Railroad
Company (“Sierra”) an additional $13.1 million in punitive damages in Sierra's dispute with Patriot Rail Company
LLC (“Patriot”). These damages were awarded due to Patriot's willful misappropriation of Sierra's trade secrets
and are in addition to the $39.6 million awarded to Sierra by the jury in May 2014, for a total award to Sierra of