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Daily Headlines
FRA approves high-speed passenger rail projects in Florida, Texas
(Source: Progressive Railroading, December 18, 2017) The Federal Railroad Administration (FRA) late last week signed key environmental documents for privately funded, high-speed passenger-rail projects in Florida and Texas. Full story: Progressive Railroading
STB requests update on CSX operations
(Source: Progressive Railroading, December 18, 2017) The Surface Transportation Board (STB) late last week requested that CSX provide a detailed update on the ongoing implementation of its new operating plan and efforts to "restore reliable rail service to customers."...
Did Trump kill the plan for a Hudson rail tunnel? Its backers hope not
(Source: New York Times, January 2, 2018) NEW YORK — Building a new rail tunnel under the Hudson River between New York City and New Jersey has been one of the nation’s top infrastructure priorities for several years. But transportation officials in the region entered...
Report: U.S. Rep. Shuster says he won’t seek reelection
(Source: Herald-Mail Media, January 2, 2018) WASHINGTON, D.C. — U.S. Rep. Bill Shuster, whose Pennsylvania district includes Franklin and Fulton counties, announced Tuesday that he won't seek re-election in November. He is in his final year of being chairman of the...
CSX stock stabilizes after CEO death; investors seek clarity
(Source: Reuters, December 18, 2017) NEW YORK — CSX Corp’s stock stabilized on Monday in a sign of confidence that acting Chief Executive Officer Jim Foote can steer the No. 3 U.S. railroad in the short-term, following the sudden death of the firm’s CEO on Saturday....
E. Hunter Harrison, 1944-2017
(Source: DC Velocity, December 19, 2017) WASHINGTON, D.C. — Not long after Canadian National Railway (CN) acquired Wisconsin Central Transportation Ltd. (WC) in 2001, E. Hunter Harrison, then CN's vice president and COO, visited a bloc of paper shippers who were WC...
Foote firmly planted at CSX
(Source: Railway Age, December 26, 2017) NEW YORK — CSX Corp. on Dec. 22 named James Foote as President and Chief Executive Officer, effective immediately. Formerly Chief Operating Officer, Foote had been acting CEO since Dec. 14 after E. Hunter Harrison was placed on...
CSX put all its eggs in one basket
(Source: Bloomberg, December 18, 2017) NEW YORK — CSX Corp. shareholders paid $84 million for Hunter Harrison. They're now getting James Foote. Full story: Bloomberg
Death of CSX CEO raises questions about reforms at railroad
(Source: Associated Press, December 18, 2017) OMAHA, Neb. — The weekend death of CSX CEO Hunter Harrison less than a year after he took the railroad's top job raises questions about the future of his reforms. Full story: Houston Chronicle
298 people have died in rail crashes that PTC could’ve stopped, report says
(Source: Associated Press, December 22, 2017) WASHINGTON, D.C. — Nearly 300 people have died in train crashes that could have been prevented if railroads across the U.S. implemented critical speed-control technology that federal safety investigators have been pushing...
