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Daily Headlines

Transcript of CSX 3Q 2017 earnings call

(Source: Railway Age, October 18, 2017) NEW YORK — At CSX’s third-quarter 2017 earnings call, President and CEO E. Hunter Harrison acknowledged the railroad’s recent service problems, but insisted that CSX has recovered and is in better shape operationally than when...

CSX reduces the number of locomotives in maintenance program

(Source: Reuters, October 18, 2017) NEW YORK — CSX Corp, the No. 3 U.S. railroad operator, will slash the number of locomotives served by a long-term maintenance agreement, a move that cuts service bills under the agreement by some $3.3 billion, company filings showed...

CP Rail CEO predicts rail consolidation

(Source: Business News Network, October 18, 2017) TORONTO — CP Rail Chief Executive Officer Keith Creel thinks consolidation will inevitably come to the rail industry in the coming years, as organic growth opportunities grind to a standstill. Full story: www.bnn.ca

Hurricane Maria’s aftermath: Tuesday, October 17

(Source: International Brotherhood of Teamsters press release, October 17, 2017) WASHINGTON, D.C. — It goes without saying that within the past month, Teamsters Local 901 in Puerto Rico has been through quite the ordeal. Hurricane Maria left their headquarters without...

Amtrak taps Griffin as new EVP, CMO

(Source: Progressive Railroading, October 17, 2017) Amtrak has hired Timothy Griffin as executive vice president and chief marketing officer, the national passenger railroad announced yesterday. Full story: Progressive Railroading

Chinese rail car manufacturer to finish Massachusetts plant by winter

(Source: Progressive Railroading, October 17, 2017) China Railway Rolling Stock Corp.'s (CRRC) new rail-car plant in Springfield, Massachusetts, is expected to be completed by winter, the Massachusetts Bay Transportation Authority (MBTA) announced late last week. Full...

Planned D.C.-Baltimore bullet train proposes three routes

(Source: Curbed Washington D.C., October 16, 2017) WASHINGTON, D.C. — By mid-2019, there are hopes to have a bullet train route between Washington, D.C., and Baltimore, Maryland, approved with designs completed later that year. If approved, the route would allow...

Norfolk Southern’s Brosnan Yard is a railroad wonder

(Source: The Telegraph, October 17, 2017) MACON, Ga. — The Bronsan Yard name sees about 10,000 train cars a week glide through on its rails. Some 300 people work there. But unless you know it is there or have some reason to venture beyond Seventh Street below Central...

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