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Daily Headlines
Houston-Dallas bullet train start date pushed back again
(Source: Houston Press, February 6, 2017) HOUSTON — The highly anticipated and controversial Houston-to-Dallas bullet train line has been delayed once again. Full story: Houston Press
What’s next for the Hoosier State train?
(Source: Lafayette Journal & Courier, February 4, 2017) LAFAYETTE, Ind. — The Hoosier State train's history is fraught, to say the least. Full story and video: Lafayette Journal & Courier
KCS sees uncertainty
(Source: Railway Gazette, February 6, 2017) KANSAS CITY, Mo. — “Looking ahead to 2017, the company is aware of both economic and political uncertainty,” said Kansas City Southern President & CEO Patrick J Ottensmeyer when presenting the railway’s annual results on...
U.S. companies uncertain of NAFTA trading under Trump administration
(Source: National Public Radio, February 6, 2017) KANSAS CITY, Mo. — President Trump's threats to disrupt trade with Mexico aren't just worrying people south of the border. Each time Trump attacks the North American Free Trade Agreement, known as NAFTA, the executives...
SEPTA pulls Market-Frankford Line trains after cracks found
(Source: Philadelphia Inquirer , February 5, 2017) PHILADELPHIA — A weekend inspection found cracks in load-bearing beams in two Market-Frankford Line cars, and work is underway to determine how widespread the problem is, SEPTA officials said Sunday. Full story:...
Cleanup continues in Suffolk, Va., after 44 NS coal cars derail
(Source: Virginian-Pilot, February 5, 2017) SUFFOLK, Va. — Several dozen Norfolk Southern train cars – 44 of the 161 cars – came off the rails Saturday morning near downtown, crumpling the cars and spilling coal everywhere. There were no injuries reported in the...
CSX Board to consider possible takeover on Friday
(Source: Radio station WJCT, February 6, 2017) JACKSONVILLE, Fla. — This week, the board of the Jacksonville-based CSX railroad will consider a company takeover. Former Canadian Pacific railroad CEO Hunter Harrison and his affiliated hedge fund, Mantle Ridge, are...
RRB reports performance under customer service plan
(Source: Railroad Retirement Board press release, January 23, 2017) CHICAGO — The U.S. Railroad Retirement Board's Customer Service Plan promotes the principles and objectives of customer-driven quality service agency-wide. The RRB's plan lays out the standards and...
Houston-Dallas bullet train estimated to have economic impact of more than 180 Super Bowls
(Source: Houston Business Journal, February 2, 2017) HOUSTON — The Houston-Dallas bullet train, which will take passengers from Houston to Dallas and vise versa in under 90 minutes, will bring a paradigm shift with respect to how modern city dwellers think about...
UP declares 1Q 2017 dividend, announces $3.1 billion in capital spending for 2017
(Source: Union Pacific press release, February 2, 2017) OMAHA, Neb. — The Board of Directors of Union Pacific Corporation today approved the Company's 2017 capital plan of approximately $3.1 billion, down about $400 million versus 2016. The plan includes $300 million...
