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Daily Headlines

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...

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...

Quebec to hold public hearing on Lac-Megantic rail bypass

(Source: Canadian Press, April 19, 2017) MONTREAL — The Bureau d’audiences publiques sur l’environnement (BAPE) will hold a consultation on the possible options for a new railway bypassing Lac-Mégantic. Full story: Montreal Gazette

Amtrak expects normal traffic Monday on NYC-Newark lines

(Source: Bloomberg, April 23, 2017) NEW YORK — Amtrak expects to accommodate normal rail traffic between New York and Newark, New Jersey, during the Monday morning rush hour, spokesman Mike Tolbert said. Full story: Bloomberg

Lithium batteries cause train car explosion, fire in NE Houston

(Source: www.click2houston.com, April 24, 2017) HOUSTON, Texas — A fire that broke out on a Union Pacific train after one of the containers it was carrying exploded Sunday evening has been put out. A spokesperson for Union Pacific said the container was carrying...

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