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Daily Headlines

9 ways to fix NJ Transit, according to the experts

(Source: www.nj.com, April 27, 2017) NEWARK, N.J. — Can the state's mass transit agency be fixed? Here are nine suggestions from experts and commuter advocates. Full story: www.nj.com

Amtrak to release details on Penn Station repairs, delays

(Source: Associated Press, April 26, 2017) NEWARK, N.J. — Commuters who already have endured recent slowdowns at New York’s Penn Station are about to hear about more potential delays. Amtrak has scheduled a conference call Thursday morning to discuss its plan to...

FirstEnergy must pay CSX, BNSF for breaking coal contract

(Source: Pittsburgh Post-Gazette, April 26, 2017) PITTSBURGH, Pa. — FirstEnergy Corp. can’t use federal environmental standards as an excuse to break its contracts with several railroads that were supposed to be hauling coal to now shuttered power plants, an...

U.S. Supreme Court may limit where companies can be sued

(Source: Reuters, April 25, 2017) WASHINGTON, D.C. — The U.S. Supreme Court on Tuesday appeared poised to clamp down on where corporations can be sued, a potential setback for plaintiffs' lawyers who strive to bring cases in courts and locales they consider friendly....

As Christie hounds Amtrak, NJ Transit safety fines mount

(Source: Bloomberg, April 27, 2017) NEWARK, N.J. — Fresh details of safety lapses are emerging at New Jersey’s beleaguered mass-transit agency even as Governor Chris Christie deflects blame and excoriates Amtrak, the national railroad, for mishaps and riders face...

Judge allows California high-speed rail project to proceed

(Source: Associated Press, April 26, 2017) SACRAMENTO, Calif. — A California judge allowed the state's bullet train project to go forward Wednesday but delayed a final ruling on a legal challenge asserting the state is not keeping its promises to voters. Full story:...

CSX dismisses 200 more managers

(Source: St. Augustine Record, April 26, 2017) JACKSONVILLE, Fla. — Jacksonville-based CSX Corp. finalized the company’s layoffs Tuesday with the termination of 200 workers, bringing the complete tally of layoffs to 1,000, which the company originally projected in...

NS delivers 12 percent jump in 1Q 2017 profit

(Source: Associated Press, April 26, 2017) OMAHA, Neb. — Norfolk Southern delivered a 12 percent increase in first-quarter profit as the railroad said it's first-quarter profit grew to $433 million, or $1.48 per share, over last year's $387 million, or $1.29 per...

Union Pacific reports 1Q 2017 results

(Source: Union Pacific press release, April 27, 2017) OMAHA, Neb. — Union Pacific Corporation today reported 2017 first quarter net income of nearly $1.1 billion, or a first quarter record $1.32 per diluted share. This compares to about $1.0 billion, or $1.16 per...

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