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Daily Headlines

Lac-Megantic jury to deliberate today for ninth consecutive day

(Source: Canadian Press, January 19, 2018) SHERBROOKE, Que. — Jurors will deliberate for a ninth consecutive day today at the trial of three men charged with criminal negligence causing death in the Lac-Megantic railway disaster. There was no news again from the 12...

CSX plans 2,000 more layoffs in 2018

(Source: Supply Chain Drive, January 18, 2018) WASHINGTON, D.C. — CSX CEO James Foote noted that CSX has laid off more than 4,000 employees since Q4 2016 in a presentation illustrating Q4 2017 results. CFO Frank Lonegro said the plan is to cut approximately 2,000 more...

KCS reports 4Q and full-year 2017 results

(Source: Kansas City Southern press release (PDF), January 19, 2017) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record fourth quarter 2017 revenues of $660 million, an increase of 10% from fourth quarter 2016. Overall, carload volumes increased 5% compared...

CP Rail reports 4Q, full-year 2017 results

(Source: Canadian Pacific Railway press release, January 18, 2018) CALGARY, Alberta — Canadian Pacific Railway Limited today announced its best ever fourth-quarter, with revenues up 5 percent to $1.71 billion and an operating ratio of 56.1 percent. Fourth-quarter...

AAR reports rail traffic for week ending January 13, 2018

(Source: Association of American Railroads press release, January 17, 2018) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 13, 2018. For this week, total U.S. weekly rail traffic was 511,937...

NS still probing cause of oil spill in Tennessee

(Source: Associated Press, January 17, 2018) CHATTANOOGA, Tenn. — A Norfolk Southern Railway official says the company still doesn't know how thousands of gallons of oil ended up in the Tennessee River and Citico Creek. Full story: The Eagle

PSU faculty research on rail security leads to new book

(Source: Penn State University press release, December 20, 2017) MIDDLETOWN, Pa. — Natural disasters have been a threat to railroads for almost two centuries, and terrorism since before World War II, when the Germans landed a party by submarine in the U.S. in a...

2nd person in a week killed by new Brightline passenger train in Florida

(Source: ABC News, January 18, 2018) BOYNTON BEACH, Fla. — Two people have died in Florida after being struck by new high-speed Brightline trains on the state's East Coast Railway tracks, sparking concerns about pedestrian safety and calls for a federal investigation....

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