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Daily Headlines
BNSF makes some changes to parking lot plan in St. Paul Park
(Source: South Washington County Bulletin, December 13, 2016) COTTAGE GROVE, Minn. — BNSF Railway has slightly revised initial plans for a parking lot on Grey Cloud Island Drive after hearing public input on the project. Full story: South Washington County Bulletin
Young workers less likely to earn more than parents
(Source: International Brotherhood of Teamsters press release, December 13, 2016) WASHINGTON, D.C. — The opportunity to financially get ahead is increasingly difficult for younger workers. The loss of millions of formerly middle-class jobs over the past 50 years...
CP Rail declares dividend
(Source: Canadian Pacific Railway press release, December 13, 2016) CALGARY, Alberta — The Board of Directors of Canadian Pacific Railway Limited today declared a quarterly dividend of $0.50 per share on the outstanding Common Shares. The dividend is payable on...
Florida Senator attempting to bring Amtrak back to Panhandle
(Source: Television station WJGH, December 13, 2016) JACKSON COUNTY, Fla. —U.S. Senator Bill Nelson is trying to bring passenger rail service back to the Panhandle. He says the venture could help boost the local economy. Full story: www.wjhg.com
UP Director McConnell sells $778,000 in company stock
(Source: Baseball News Source, December 13, 2016) NEW YORK — Union Pacific Corp. Director Michael W. McConnell sold 7,400 shares of the business’s stock in a transaction on Friday, December 9. The shares were sold at an average price of $105.15, for a total...
Navajo veterans receive $10,000 check from Navajo Nation and BNSF
(Source: Navajo-Hopi Observer, December 13, 2016) GALLUP, N.M. — On Dec. 3, BNSF Railway’s Assistant Vice President of Community Affairs Andrew Johnsen presented a $10,000 dollar check to representatives from the Navajo Nation Veterans Administration (NNVA) along with...
Amtrak’s ‘Liberty’ will be the latest of Alstom’s high-speed Avelia trains
(Source: Progressive Railroading, December 2016 issue) One of Amtrak’s biggest announcements this year was its $2.45 billion planned investment in the Acela Express service on the 457-mile Northeast corridor, which includes a contract with Alstom to acquire 28...
Cold weather leads to mechanical issues, delays on Metra
(Source: Chicago Sun-Times, December 14, 2016) CHICAGO — Trains on multiple west suburban Metra rail lines were experiencing delays because of the cold weather Wednesday morning. Full story: Chicago Sun-Times
California high-speed rail board approves plan to release billions in bond funds
(Source: Sacramento Bee December 13, 2016) SACRAMENTO, Calif. — The California High-Speed Rail Authority’s board took a “momentous” step Tuesday toward unlocking billions of dollars in state bond funds that it needs to continue construction in the San Joaquin Valley...
North Dakota oil production up 7 percent, returns above 1 million barrels a day
(Source: Forum News Service, December 12, 2016) WILLISTON — Stronger oil prices in October prompted a 7.4 percent increase in state oil production, bringing daily production back above 1 million barrels per day, the Department of Mineral Resources said Tuesday. Full...