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Daily Headlines
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...
Landslide stops Amtrak service between Seattle and Portland
(Source: Associated Press, April 25, 217) SEATTLE, Wash. — Officials say Amtrak service has been temporarily disrupted between Seattle and Portland because of a landslide. Full story: www.usnews.com
Siemens to base rail unit in Delaware; hire 20 workers
(Source: The News Journal, April 25, 2017) NEW CASTLE, Del. — Siemens U.S. has launched Digital Rail Services, a new business unit that will have its East Coast headquarters near New Castle. Full story: The News Journal
CSX CEO plans changes to coal operations
(Source: The State Journal, April 25, 2017) CLARKSBURG, W.Va. — Coal shippers along CSX lines in West Virginia and elsewhere may see a different business approach as new CSX CEO Hunter Harrison reshapes the company’s business practices. Full story: The State...
NYPD called to handle Penn Station crowds after hours of delays
(Source: CBS News, April 25, 2017) NEW YORK — New York City commuters dealing with up to 60 minute train delays Tuesday evening were temporarily restricted from accessing Penn Station because of crowding conditions. Full story: CBS News
