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Daily Headlines
New CSX strategy dooms Ohio and North Carolina terminals
(Source: Trains, November 2, 2017) JACKSONVILLE, Fla. — The days of CSX Transportation’s hub-and-spoke intermodal strategy are drawing to a close. The railroad aims to end container sorting at its busy intermodal terminal in North Baltimore, Ohio, by Nov. 11. And CSX...
Hoffa: New House tax bill benefits big business and wealthy over U.S. workers
(Source: International Brotherhood of Teamsters press release, November 2, 2017) WASHINGTON, D.C. — The following is a statement from Teamsters General President Jim Hoffa in response to the rollout of a new House Republican tax proposal today that would give...
Travelers will be hurt if budget for long-distance routes is cut, Amtrak CEO says
(Source: Chicago Tribune, November 2, 2017) CHICAGO — The federal government’s proposal to slash subsidies for long-distance Amtrak routes will overwhelmingly hurt travelers and commuters in cities across the nation, Amtrak CEO Richard Anderson told hundreds of...
AAR: Intermodal traffic set a record in October 2017
(Source: Association of American Railroads press release, November 1, 2017) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 28, 2017, as well as volumes for October 2017, which was the best...
Q&A: Railroad Retirement spouse and widow(er)s’ annuities and public service pensions
(Source: Railroad Retirement Board press release, October 12, 2017) CHICAGO — Railroad Retirement Act spouse and widow(er)s' annuities (including divorced spouse, surviving divorced spouse, and remarried widow(er)s' annuities) are subject to reduction when social...
Family of CSX CEO Harrison pays $14 million to buy out partner on equestrian property
(Source: South Florida Business Journal, November 1, 2017) MIAMI, Fla. — The family of CSX Corp. CEO E. Hunter Harrison paid $14.125 million to buy full control of an equestrian estate in Wellington. Full story: South Florida Business Journal
BNSF homicide trial continues
(Source: Herald and News, November 2, 2017) KLAMATH FALLS, Ore. — The attorney for James Forshee has stipulated his client caused the shooting death of Emery Connor, meaning the parties no longer have to argue whether or not Forshee pulled the trigger. Full story:...
Michigan town troubled by hours-long delay at CSX railroad crossings
(Source: Canton Observer, November 2, 2017) CANTON, Mich. — Stalled CSX trains blocking railroad crossings have resurfaced as a public safety issue in Canton, officials say, a situation that mirrors recent problems in neighboring Plymouth. Full story:...
CSX, Virginia reach settlement on fuel spill from derailment
(Source: Associated Press, November 2, 2017) COVINGTON, Va. — Railroad company CSX Corp. has reached a settlement with Virginia environmental regulators over a derailment in Covington that sent fuel into the Jackson River. Full story: Seattle Times
KCS Senior VP Stadler sells $205,014 in company stock
(Source: Ledger Gazette, November 1, 2017) NEW YORK — Kansas City Southern Senior Vice President Mary K. Stadler sold 1,973 shares of Kansas City Southern stock in a transaction on Tuesday, October 31. The stock was sold at an average price of $103.91, for a total...
