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Daily Headlines
KCS reports 1Q 2017 income; Sets record for 1Q revenues, carloads, operating income, operating ratio, earnings per share
(Source: Kansas City Southern press release, April 21, 2017) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported first quarter 2017 revenues of $610 million, an increase of 8% over first quarter 2016. Overall carload volumes were 541 thousand, 6% higher compared to...
AAR: Rail traffic up 3.9 percent over 2016 for week ending April 15
(Source: Association of American Railroads press release, April 19, 2017) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 15, 2017. For this week, total U.S. weekly rail traffic was 519,318...
Comparison of benefits under Railroad Retirement and Social Security
(Source: Railroad Retirement Board press release, March 21, 2017) CHICAGO — Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act, so that railroad retirement benefits remain higher...
Historic Union Pacific steam locomotive arrives in Pocatello
(Source: Idaho State Journal, April 19, 2017) POCATELLO, Idaho — Crowds lined the rail tracks from Pocatello to Inkom on Wednesday afternoon to watch Union Pacific's historic Steam Locomotive No. 844 roar into the Gate City. Full story: Idaho State Journal
La Crosse could lose Amtrak under proposed federal budget
(Source: Radio station WIZM, April 20, 2017) LA CROSSE, Wisc. — Transportation groups in Wisconsin have been pushing for more passenger train service for years, and it seems they've been making headway. Now, however, President Donald Trump's administration plans to...
Future of passenger rail service in Kansas in doubt
(Source: Television station KSNW, April 19, 2017) NEWTON, Kan. — The future of passenger rail in Kansas is in doubt. President Donald Trump is proposing to slash the Department of Transportation’s funding by $2.4 billion. Full story: www.ksn.com
Editorial: Passenger train service still has a role in U.S.
(Source: Editorial in the Bismarck Tribune, April 20, 2017) BISMARCK, N.D. — There’s a possibility under President Donald Trump’s budget that North Dakota could lose its Amtrak service. That would be unfortunate. Full story: Bismarck Tribune
Mexico’s NAFTA officer hopes ‘cooler heads prevail’ in trade talks with U.S.
(Source: Kansas City Star, April 19, 2017) KANSAS CITY, Mo. — Present at NAFTA’s negotiation more than a quarter century ago, Kevin Smith Ramos stopped in Kansas City on Wednesday to plead for free trade’s survival. Full story: Kansas City Star
CSX making changes at Hamlet yard
(Source: Richmond County Daily Journal, April 19, 2017) HAMLET, N.C. — Changes are coming to the CSX Transportation yard in Richmond County — but the company is being vague on what those will be. Full story: Richmond County Daily Journal
CSX announces dividend increase, new share repurchase program and full-year guidance
(Source: CSX press release, April 20, 2017) JACKSONVILLE, Fla. — CSX Corporation today announced an 11 percent increase in its quarterly dividend, a new $1 billion share repurchase program, and strong financial guidance as it applies the Precision Scheduled...
