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Hamberger to leave Association of American Railroads next year

CEO to retire in early 2019 after leading freight rail industry group for two decadesHamberger Ed Hamberger, CEO of the Association of American Railroads for 20 years, will retire from the $60 million-revenue organization early in 2019. Hamberger told CEO Update he had originally planned to retire a few years ago but several pressing policy issues kept him on board, including a labor dispute between freight railroads and unions that was settled late last year. Now that the possibility of a strike has dissipated and AAR has established a line of communication with the Trump administration, the CEO believes he is leaving the association in a strong position for the future.… Read More