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Daily Headlines

Amtrak vows to fix Penn Station but warns of more disruptions

(Source: AM New York, April 25, 2017) NEW YORK — Amtrak vowed on Tuesday to repair aging infrastructure in and around Penn Station, while acknowledging the work will cause delays and cancellations for Long Island Rail Road and New Jersey Transit commuters who once...

Union Pacific appears poised for rebound as demand for shipping rises

(Source: Omaha World-Herald, April 25, 2017) OMAHA, Neb. — Union Pacific appears set to break a two-year streak of falling shipments, as more expensive natural gas has boosted demand for train-hauled coal at the nation’s electric utilities. Full story: Omaha...

Amtrak said to weigh extended track closings for Penn Station repairs

(Source: New York Times, April 25, 2017) NEW YORK — After two derailments at Pennsylvania Station in New York, Amtrak officials are considering closing tracks at the station for an extended period to make long-term repairs — a drastic move that would cause huge...

Hunter Harrison buys $15 million in CSX stock

(Source: Florida Times-Union, April 25, 2017) JACKSONVILLE, Fla. — New CSX CEO Hunter Harrison has invested more than $15 million in the railroad’s stock. Harrison said in documents filed with the Securities and Exchange Commission Tuesday that he bought 300,000...

Norfolk Southern reports record first quarter 2017 results

(Source: Norfolk Southern press release, April 26, 2017) NORFOLK, Va. — Norfolk Southern Corporation today reported first-quarter financial results. First-quarter net income was $433 million, up 12 percent year-over-year, a result of a 7 percent rise in income from...

Suit filed in death of BNSF worker

(Source: Rapid City Journal, April 24, 2017) EDGEMONT, S.D. — The family of a man killed in a train accident at Edgemont is suing BNSF Railway, alleging that the company failed to protect him from being run over by a train while he was clearing snow and ice from a...

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