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Daily Headlines

Rail fastening system replaced on tracks in Columbia River Gorge

(Source: Television station KOIN, October 13, 2016) PORTLAND, Ore. — Union Pacific has finished replacing the rail fastening system on 8 miles of curved railroad tracks in the Columbia River Gorge, the company announced on Thursday. Full story: www.koin.com

CSX sees 4Q 2016 earnings ‘flat to slightly down’

(Source: Reuters, October 13, 2016) NEW YORK — CSX Corp said on Thursday that its fourth-quarter earnings per share should be "flat to slightly down" and that it expects freight volumes to be relatively flat during the quarter. Full story: Reuters

CSX reports lower 3Q 2016 earnings, but company upbeat about turnaround

(Source: Florida Times-Union, October 14, 2016) JACKSONVILLE, Fla. — CSX had earnings worth $455 million or 48 cents per share. That’s down from the same period of trading in 2015 that saw $507 million in earnings or 52 cents per share. Despite the drop in earnings,...

NJ Transit leads U.S. in accidents, safety violations

(Source: Associated Press, October 13, 2016) WASHINGTON, D.C. — The railroad whose rush-hour train slammed into a New Jersey station last month, killing a woman and injuring more than 100 people, has had more accidents and paid more in fines for safety violations than...

NJ Transit’s new boss faces daunting tasks

(Source: www.nj.com, October 13, 2016) NEWARK, N.J. — Steven H. Santoro was named executive director of NJ Transit Thursday and was immediately given a homework assignment by his boss – return in 30 days with a report on where the agency stands on implementing a train...

Heavy damage to NJ Transit train hampers investigation

(Source: Associated Press, October 13, 2016) HOBOKEN, N.J. — Heavy damage to the front of a commuter train that slammed into a New Jersey station last month, killing a woman and injuring more than 100 people, is hampering the investigation into what went wrong. The...

AAR: Rail traffic down 6.1 percent from 2015 for week ending October 8

(Source: Association of American Railroads press release, October 12, 2016) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 8, 2016. For this week, total U.S. weekly rail traffic was 521,789...

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