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Daily Headlines

California high-speed rail ready to lay some track

(Source: Associated Press, March 4, 2017) SACRAMENTO, Calif. — After years of prep work, Gov. Jerry Brown's finance department decided Friday that California's $64 billion high-speed rail project is ready to lay some track. Full story: ABC News

Is a CEO worth $200 million?

(Source: Bloomberg, March 6, 2017) NEW YORK — Is railroad executive Hunter Harrison worth a $200 million pay package? For that matter, is any CEO worth that? Full story: Bloomberg

Report: CSX near deal to name Harrison CEO

(Source: Bloomberg, March 6, 2017) NEW YORK — CSX Corp. may install Hunter Harrison as chief executive officer as early as next week as the railroad and an activist shareholder move closer to ending an impasse over Harrison’s compensation, people familiar with the...

3 NJ Transit lines delayed by wind-swept debris on wires, downed trees

(Source: www.nj.com, March 2, 2017) NEWARK, N.J. — Three New Jersey Transit train lines are facing delays after strong winds blew debris, including plastic shopping bags, onto overhead wires. Earlier, downed trees on the Morris & Essex lines led to delays. Trains on...

Opinion: California bullet train suffers two big setbacks

(Source: Sacramento Bee opinion column by Dan Walters, March 2, 2017) SACRAMENTO, Calif. — The project has suffered two immense setbacks, either of which could be fatal. First, results of the state’s latest cap-and-trade auction of greenhouse gas emission allowances —...

Railroad thefts and guns: A deadly mix in Chicago

(Source: Associated Press, March 3, 2017) CHICAGO — When street-gang thieves slipped with ease into a Norfolk Southern rail yard on Chicago's South Side and ripped locks off one train, they likely expected to see merchandise like toys or tennis shoes. What they beheld...

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