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Daily Headlines
4 more Hoboken train crash victims plan to sue NJ Transit
(Source: www.nj.com, October 19, 2016) HOBOKEN, N.J. — Another four people hurt in last month's train crash in Hoboken intend to sue NJ Transit for damages related to their injuries, their lawyer said. Full story: www.nj.com
MBTA paying firm $1 million to assess outsourcing options
(Source: Boston Herald, October 19, 2016) BOSTON — The MBTA is quietly paying nearly $1 million to a consultant to “assess the options” for outsourcing jobs and services throughout the cash-strapped transit agency, the Herald has learned — further fanning the flames...
CP reports revenues decreased to $1.55 billion 3Q 2016
(Source: Canadian Pacific Railway press release, October 19, 2016) CALGARY, Alberta — Canadian Pacific Railway Limited today announced third-quarter reported diluted earnings per share (EPS) of $2.34, adjusted diluted EPS of $2.73 and an operating ratio of 57.7...
In Texas, plans for Lone Star Rail terminated
(Source: Austin Monitor, October 18, 2016) AUSTIN, Texas — The kill-shot came abruptly and mercifully for the Lone Star Rail District (also known as LSTAR) on Monday night. Full story: Austin Monitor
Input sought on Milwaukee-Chicago rail upgrades
(Source: Milwaukee Journal Sentinel, October 17, 2016) MILWAUKEE, Wisc. — After nearly four years of studying and talking about increasing passenger rail service between Chicago and Milwaukee, Amtrak and the Wisconsin and Illinois transportation departments are ready...
ND rail safety takes another step forward
(Source: Williston Herald, October 17, 2016) WILLISTON, N.D. — The state of North Dakota has added another step to help ensure the safety of crude transport by rail with the addition of two inspectors and a rail safety program. Full story: Prairie Business Magazine
Teamsters celebrate School Bus Safety Week
(Source: International Brotherhood of Teamsters press release, October 17, 2016) WASHINGTON, D.C. — The International Brotherhood of Teamsters announced the formation of the Teamsters National School Bus Safety Committee in honor of National School Bus Safety Week,...
KCS increasing train speeds through Gulfport
(Source: Sun Herald, October 17, 2016) GULFPORT, La. — Kansas City Southern Railway Co. will be doubling train speeds — from 10 to 20 miles per hour — through North Gulfport and downtown Gulfport. Full story: Sun Herald
MBTA forgives Keolis fines for 2015 winter service problems
(Source: CBS Boston, October 16, 2016) BOSTON — The MBTA has quietly agreed to waive $839,000 of the $1.7 million in penalties leveled against the company that operates the Commuter Rail system for poor performance in 2015. Full story: www.whdh.com
Both major Canadian railways downgraded by stock analysts
(Source: Financial Post, October 17, 2016) OTTAWA — A “healthy upturn” in bulk traffic has led analysts at Raymond James to raise their price targets for both Canadian railways, but the investment dealer also downgraded both stocks due to recent gains. Full story:...
