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Daily Headlines
Railroads get federal funds to install PTC
(Source: The Hill, May 31, 2017) WASHINGTON, D.C. — More than a dozen rail systems around the country have received federal funding to help speed up their efforts to install a major train safety technology that many railroads have struggled to adopt. The Department of...
Canadian crude by rail exports hit 18-month high as pipelines near capacity
(Source: Financial Post, May 31, 2017) CALGARY — Canadian crude oil exports to the U.S. on railway cars hit an 18-month high in March, in a sign that pipelines are once again filling up to capacity, according to analysts. Full story: Financial Post
KCS adds four to Board of Directors
(Source: Kansas City Southern press release, May 30, 2017) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced today the addition of four new directors to its Board of Directors, effective immediately. The new directors bring the Board to 12 members, of which 11...
NS VP Hurlbut sells $93,000 in company stock
(Source: Chaffey Breeze, May 30, 2017) NEW YORK — Norfolk Southern Corp. VP Thomas E. Hurlbut sold 802 shares of the company’s stock in a transaction on Thursday, May 25. The shares were sold at an average price of $116.54, for a total value of $93,465.08. Following...
New Orleans, federal budget proposals put brakes on hurricane evacuations by train
(Source: The Times-Picayune, May 30, 2017) NEW ORLEANS, La. — With hurricane season starting Thursday (June 1), New Orleans officials have sought to assure residents that the city's evacuation plans are ready to go in case of a major hurricane. But there's one form of...
Teamsters: Jobs and competitiveness act will ensure strong trade enforcement
(Source: International Brotherhood of Teamsters press release, May 26, 2017) WASHINGTON, D.C. — The Teamsters Union applauds today’s introduction of “The Jobs and Competitiveness Act” (H.R. 2756) which would provide significant gains in the area of U.S. trade...
Rail safety questioned as volatile fuel shipments likely to go up
(Source: The News Journal, May 26, 2017) WILMINGTON, Del. — As more train cars carrying volatile fuel are likely to roll into Delaware over the next year, concerns are growing over how well the state's freight tracks are inspected for derailment-causing flaws. Full...
Metra nets $20 million in federal funds for PTC
(Source: Progressive Railroading, May 30, 2017) Metra has received a $20 million grant from the U.S. Department of Transportation (USDOT) to implement positive train control (PTC) on the Milwaukee North and West lines. Full story: Progressive Railroading
Federal grant to help with rail safety upgrades in St. Louis area
(Source: Belleville News-Democrat, May 25, 2017) ST. LOUIS — The Illinois Department of Transportation is receiving $18.9 million in federal money in order to make safety upgrades on the Terminal Railroad in St. Louis. The U.S. Department of Transportation awarded the...
High-speed rail rules delayed amid federal deregulatory order
(Source: Bloomberg BNA, May 30, 2017) WASHINGTON, D.C. — Federal safety standards for high-speed rail have been delayed as the Federal Railroad Administration determines how to release new rules while adhering to President Donald Trump’s order that agencies eliminate...
