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Daily Headlines
Norfolk Southern to develop second Pittsburgh route for double-stack trains
(Source: Pittsburgh Post-Gazette, April 25, 2017) PITTSBURGH, Pa. — Last June, a landslide from the Mount Washington hillside pretty much closed the Norfolk Southern railroad tracks near Station Square for 11 days, crippling the company’s ability to move double-stack...
Harrison cryptic on CSX mergers
(Source: Jacksonville Daily Record, April 24, 2017) JACKSONVILLE, Fla. — “Confusion to the enemy” was a slogan of legendary Jacksonville businessman Ed Ball, who ran the St. Joe Paper Co. empire and was one of the most powerful men in Florida before his death in 1981....
Teamster strike shuts down Budweiser distribution on Long Island
(Source: International Brotherhood of Teamsters press release, April 24, 2017) GREAT NECK, N.Y. — The workers who deliver, sell, and merchandise Budweiser, Heineken, and other beer products to Nassau and Suffolk Counties walked the picket line today, largely stopping...
Amtrak track work delays NJ Transit commuters, will last days
(Source: www.nj.com, April 24, 2017) NEWARK, N.J. — Amtrak construction on a track in Penn Station New York is causing 20-minute delays to NJ Transit commuters Monday evening after they endured similar problems at the tail end of the morning commute to work. Full...
CN posts jump in profit as railway moves record volumes
(Source: Globe and Mail, April 24, 2017) TORONTO — Canadian National Railway Co. rode a wave of new shipping contracts and record volumes to a 12-per-cent jump in first-quarter profit. CN late Monday posted net profit of $884-million and diluted earnings per share of...
CN reports 1Q 2017 earnings
(Source: CN press release, April 24, 2017) REGINA — CN today reported its financial and operating results for the first quarter ended March 31, 2017. First-quarter 2017 financial highlights • Net income increased 12 per cent to C$884 million, while diluted EPS...
Commuter beats up Amtrak contractor inside Penn Station bathroom
(Source: New York Daily News, April 21, 2017) NEW YORK — Penn Station became punch station when an unhinged commuter attacked a contractor working for Amtrak, officials said Friday. Full story: New York Daily News
Would tunnels killed by Christie have cured NJ Transit’s ills?
(Source: www.nj.com, April 23, 2017) NEWARK, N.J. — Could the problems that have plagued train commuters this year have been avoided if Gov. Chris Christie hadn't canceled the Access to the Region's Core tunnel project in October 2010? Full story: www.nj.com
Is the railroad industry out of the woods yet?
(Source: Nasdaq, April 21, 2017) NEW YORK — Even though there is an air of optimism in the railroad space, mainly due to President Trump's pro-coal stance, there are certain roadblocks that one must be mindful of before investing in the sector. Let's take a look at...
Durbin meets with Carbondale leaders to discuss proposed federal transportation cuts
(Source: The Southern, April 21, 2017) CARBONDALE, Ill. — U.S. Senator Dick Durbin sat down with local leaders in Carbondale Friday morning to discuss how President Donald Trump’s proposed transportation cuts would affect Southern Illinois. Full story: The...
