TRANSPORTATION

Conrail to Eliminate 900 Nonunion Jobs: The Philadelphia-based freight railroad said the cuts are to be made through early-retirement and voluntary-separation programs over the next three years--but that involuntary actions may be taken if the reduction goal is not met. The company said recent snow, ice and flooding, combined with a sluggish economy, “put substantial pressure” on its goal to exceed first-quarter 1995 performance, to which it is committed. It also said Chairman James A. Hagen, 63, will retire in May and that President and Chief Executive David M. LeVan will take on the chairman title. About 3,000 of Conrail Inc.’s 23,000 employees are nonunion. The company said most of the costs should be covered by its overfunded pension program.