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Daily Headlines

Hunter Harrison hope launches CSX shares 40% higher

(Source: Bloomberg, May 23, 2017) NEW YORK — Railroad shares have risen 10% in 2017, led by CSX's 40% surge on optimism that former Canadian Pacific CEO Hunter Harrison will improve margins by implementing his precision railroading philosophy. Lee Klaskow, senior...

NARP: White House budget slashes Amtrak routes and transit funding

(Source: National Association of Railroad Passengers press release, May 23, 2017) WASHINGTON, D.C. — The Trump Administration released a detailed budget proposal that guts funding to Amtrak’s long-distance trains, and slashes funding to key transit and transportation...

Sonoma County solid waste workers join Teamsters Local 665

(Source: International Brotherhood of Teamsters press release, May 22, 2017) SANTA ROSA, Calif. — Solid waste and recycling workers throughout Sonoma County have voted to join Teamsters Local 665. An overwhelming majority of the almost 400 drivers, mechanics, customer...

Ga. Governor willing to spend to expand Port of Savannah

(Source: Southern Political Report, May 23, 2017) ATLANTA, Ga. — Gov. Nathan Deal’s commitment to spending an additional $20 million in state money to deepen and expand the Port of Savannah is likely to spur additional visits to the port from the largest container...

Amtrak won’t cede control of NY Penn Station

(Source: New York Post, May 23, 2017) NEW YORK — Amtrak officials claim the company is perfectly capable of running Penn Station, including carrying out the crucial repairs needed to stop frequent delays at the hub, and they have no plans to cede control to the Port...

EPA requires BNSF to begin work at abandoned uranium mines

(Source: Environmental Protection Agency (EPA) press release, May 23, 2017) SAN FRANCISCO — Today, the Environmental Protection Agency (EPA) announced an agreement with BNSF Railway Company to begin clean up at the Haystack Mines Site, a group of three abandoned...

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