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Daily Headlines

Berkshire Hathaway’s big railroad deal

(Source: Bloomberg, November 11, 2016) NEW YORK — President-elect Donald Trump has vowed to Make America Great Again. But one investor, Warren Buffett, has invested billions under the assumption that it already is. Full story: Bloomberg

Workers at Parsec Intermodal Company vote to join Teamsters Local 986

(Source: International Brotherhood of Teamsters press release, November 10, 2016) WASHINGTON, D.C. — Workers at Parsec, Inc. in Commerce, Calif., an intermodal rail transportation company, voted overwhelmingly this week to form their union as members of Local 986,...

Editorial: It’s worse than anyone thought at NJ Transit

(Source: Editorial in the Star-Ledger, November 13, 2016) NEWARK, N.J. — On Oct. 21, the commissioner for the state's Department of Transportation told lawmakers that all those economic sob stories were exaggerated, and that New Jersey Transit has "sufficient money to...

Pinched by fewer energy products, rail carriers broadening customers

(Source: Pittsburgh Post-Gazette, November 14, 2016) PITTSBURGH, Pa. — This year will be another disappointing one for freight rail carriers hauling fewer carloads of coal and natural gas drilling supplies through southwestern Pennsylvania. Full story: Pittsburgh...

President Obama statement on Veterans Day 2016

(Source: White House press release, November 8, 2016) WASHINGTON, D.C. — The following is a President Proclamation from Barack Obama honoring veterans and their families on Veterans Day 2016. A PROCLAMATION America has long stood as a beacon of hope and opportunity,...

Will the ‘Trump train’ lead to more passenger trains in Alabama?

(Source: www.al.com, November 10, 2016) MOBILE, Ala. — Alabama passenger rail supporters hope that the phrase "Trump train" is more than a metaphor. They'll be pressing the new administration to bring back actual trains to the state, particularly the Gulf Coast. Full...

CSX looks beyond fourth quarter

(Source: Railway Age, November 10, 2016) NEW YORK — CSX Corporation Executive Vice President and Chief Operating Officer Cindy Sanborn updated investors and analysts on Nov. 9 at Baird’s 2016 Industrial Conference in Chicago regarding the company’s expectations for...

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