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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...
Teamster mechanics protest harmful cuts and discrimination at Cummins, Inc.
(Source: International Brotherhood of Teamsters press release, March 2, 2017) WHITE HALL, W.Va. — Today, Cummins (NYSE:CMI) engine mechanics and service-workers came down from their shop in White Hall, W.Va. to the main street, to inform motorists and community...
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...
CSX train derails in Maryland; no spills or injuries reported
(Source: Associated Press, March 2, 2017) IJAMSVILLE, Md. — Freight train operator CSX Corp. says it's investigating an eight-car derailment in Maryland about 35 miles west of Baltimore. Full story: www.wjla.com
MTA board OKs $7.8 million contract for cameras on Metro-North’s M7 cars
(Source: Progressive Railroading, March 2, 2017) The Metropolitan Transportation Authority's (MTA) board late last week approved a $7.8 million contract with Bombardier Transportation to install onboard cameras on MTA Metro-North Railroad's M7 fleet. The contract...
Deal signed in horse and cart era cannot be applied today, CN argues in bridge case
(Source: CBC News, March 2, 2017) THUNDER BAY — The City of Thunder Bay's attempt to hold CN Rail to a century-old agreement for bridge maintenance is unreasonable in both a historic and commercial context, according to the railway's lawyers, who made their case in...
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...