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Daily Headlines
KCS could transfer funds to U.S. from Mexico
(Source: Reuters, November 17, 2016) NEW YORK — The head of U.S. railroad Kansas City Southern said on Thursday the company could transfer money from Mexico to the United States if President-elect Donald Trump lowers taxes for those transactions, even as the company...
Video: Amtrak CEO on new trains, Trump’s promises on infrastructure
(Source: CBS News, November 17, 2016) NEW YORK — Amtrak is moving forward under new leadership and watching President-elect Donald Trump, who’s promising investment in America’s infrastructure. Full story and video: CBS News
Tentative deal that ended SEPTA strike may not get union approval
(Source: Philadelphia Inquirer, November 17, 2016) PHILADELPHIA — A contract that ended a weeklong transit strike in Philadelphia is scheduled to be approved Friday night by the Transport Workers Union, but the labor group's president expressed concern that an...
AAR calls on STB to halt all major rulemakings until Trump administration takes office
(Source: Association of American Railroads press release, November 17, 2016) NEW YORK — The head of the freight rail industry's main trade organization said today the U.S. Surface Transportation Board (STB) should defer a handful of widely panned regulatory proposals,...
Oversight body approved for Amtrak’s $24 billion Gateway project
(Source: Reuters, November 17, 2016) NEW YORK — A regional transportation authority for New York and New Jersey on Thursday approved the formation of a municipal corporation to oversee construction of Amtrak's massive $24 billion Gateway rail transportation project....
AAR: Total rail traffic down 0.5 percent from 2015 for week ending November 12
(Source: Association of American Railroads press release, November 16, 2016) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 12, 2016. For this week, total U.S. weekly rail traffic was...
Amtrak: ‘Exceptionally strong’ FY 2016 results
(Source: Railway Age, November 17, 2016) NEW YORK — Amtrak reported on November 17 "exceptionally strong unaudited financial results for the fiscal year, which ended on September 30, 2016 (FY 2016), including an all-time unaudited ticket revenue record of $2.14...
Amtrak sets revenue, ridership records in fiscal 2016
(Source: www.Njbiz.com, November 17, 2016) WASHINGTON, D.C. — It was a strong year for Amtrak, as the nation's passenger railroad set records for ticket revenue and number of riders, while posting its lowest operating loss in more than 40 years. Full story:...
Operation Lifesaver announces new members on Board of Directors
(Source: Operation Lifesaver press release, November 16, 2016) WASHINGTON, D.C. — Bonnie Murphy, President and CEO of Operation Lifesaver, Inc. (OLI), announced the addition of several new members for the national nonprofit organization’s Board of Directors and...
Amtrak seeks firm to develop property near Philly’s 30th Street Station
(Source: Progressive Railroading, November 16, 2016) Amtrak plans to issue a request for proposals (RFP) for the long-term lease and development of property adjacent to Philadelphia's 30th Street Station, the railroad's third busiest station. Full story: Progressive...
