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Daily Headlines
Amtrak’s CIO is on a technology fast track
(Source: CIO Insight, April 21, 2017) WASHINGTON, D.C. — CIO Jason Molfetas modernized the technology at Amtrak, ushered in a digital transformation and deployed analytics to create a competitive edge for the company. Full story: CIO Insight
KCS de Mexico files response to report on competition in Mexican freight rail system
(Source: Kansas City Southern press release, April 20, 2017) KANSAS CITY, Mo. — Today, Kansas City Southern (KCS) wholly-owned subsidiary, Kansas City Southern de Mexico, S.A. de C.V. (KCSM) filed its arguments and evidence with The Mexican Federal Competition...
KCS CEO: A lot at stake if there’s a ‘bad outcome’ on NAFTA
(Source: Kansas City Business Journal, April 20, 2017) KANSAS CITY, Mo. — Anytime he hears someone talk about revising the North American Free Trade Agreement (NAFTA), Kansas City Southern CEO Pat Ottensmeyer’s ears perk up. Full story: Kansas City Business...
After stampede at Penn Station, Amtrak police point to security flaws
(Source: WNYC, April 21, 2017) NEW YORK — Last Friday, a chaotic stampede of passengers stormed through Penn Station in the mistaken belief that shots were fired. While Amtrak police did fire a stun gun to subdue a man, the incident highlighted Amtrak's difficulties...
In the breach with Amtrak’s new CEO
(Source: Observer, April 20, 2017) NEW YORK — It’s Wednesday afternoon and five trains are sliding by in different directions. The way Wick Moorman describes it, New York Penn Station is an old disjointed patchwork of cavernous underground space that somehow manages...
Gov. Christie: ‘I have not heard much about overcrowded trains’
(Source: www.nj.com, April 21, 2017) TRENTON, N.J. — Gov. Chris Christie opened fire on the media for questioning him about NJ Transit's increasingly overcrowded cars and deteriorating safety record, placing blame for its woes squarely on Amtrak, and not on his...
Can Amtrak bar NJ Transit from Northeast Corridor if state withholds rent?
(Source: www.nj.com, April 20, 2017) NEWARK, N.J. — NJ Transit pays Amtrak $93 million a year so that more than 400 of its trains can use the Northeast Corridor, but Gov. Chris Christie wants to stop making the lease payment until he gets answers to maintenance...
Senators, Reps urge MBTA: Negotiate with your workers instead of privatizing
(Source: Boston Globe, April 21, 2017) BOSTON — The state’s congressional delegation is urging the Massachusetts Bay Transportation Authority to negotiate with a machinists union in hopes of preventing dozens of jobs from being outsourced. Full story: Boston Globe
California sells high-speed rail bonds despite lawsuit
(Source: Associated Press, April 19, 2017) SACRAMENTO, Calif. — California's state treasurer is selling about $1.25 billion in high-speed rail bonds despite an ongoing legal challenge to the project. Full story: www.usnews.com
CSX predicts 25 percent profit jump as restructuring begins
(Source: Associated Press, April 20, 2017) OMAHA, Neb. — CSX Corp. expects to deliver a 25 percent increase in profits this year as the railroad works to streamline operations under new CEO Hunter Harrison. Full story: www.usnews.com