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Daily Headlines
Sens. Blumenthal, Murphy hail $2.45 billion loan for Amtrak
(Source: Associated Press, August 27, 2016) WASHINGTON, D.C. — U.S. Sens. Richard Blumenthal and Chris Murphy are welcoming news that Amtrak is receiving a $2.45 billion loan from the federal government to buy new trains, upgrade tracks and make platform improvements...
Amtrak unveils new Acela trains
(Source: USA Today, August 30, 2016) WASHINGTON, D.C. — Amtrak’s new fleet of Acela Express trains will make its debut in 2021. The company will introduce 28 new trainsets that will have more spacious seats and better Wi-Fi access. Amtrak is promising a smoother ride...
Amtrak to invest $2.4 billion for next generation high-speed trainsets and infrastructure upgrades
(Source: Amtrak press release, August 26, 2016) WASHINGTON, D.C. — Amtrak is contracting with Alstom to produce 28 next-generation high-speed trainsets that will replace the equipment used to provide Amtrak’s premium Acela Express service. The contract is part of...
Roadbed from N.J.’s first railroad named to national historic register
(Source: www.nj.com, August 18, 2016) HIGHTSTOWN, N.J. — A portion of the roadbed that was laid for New Jersey's first railroad in 1832 has been added to the National Register of Historic Places. Full story: www.nj.com
Amtrak-Alstom deal signed
(Source: The Evening Tribune, August 17, 2016) HORNELL, N.Y. — The contract would see Alstom build 28 Acela Express high-speed train sets to serve the Northeast corridor routes from Boston to Washington, D.C. The contract is expected to add some 400 jobs at the Alstom...
Passenger rail service proposed for Clarksville-Nashville route
(Source: The Leaf-Chronicle, August 17, 2016) CLARKSVILLE, Tenn. — Travelling to Nashville without hitting traffic on Interstate 24 can soon be a reality. Full story: The Leaf-Chronicle
KCS declares quarterly dividend
(Source: Kansas City Southern press release, August 17, 2016) KANSAS CITY, Mo. — Kansas City Southern’s (KCS) Board of Directors on August 15, 2016 declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock. The dividend is...
Amtrak police chief under investigation for fraud, conflict of interest
(Source: Washington Post, August 17, 2016) WASHINGTON, D.C. — Amtrak’s inspector general has launched a fraud and conflict of interest investigation involving the rail system’s top law enforcement officer, her “alleged boyfriend” and a counterterrorism contract she...
CP Rail says it is ready to move bumper grain crop to market
(Source: Canadian Pacific Railway press release, August 17, 2016) CALGARY, Alberta — Canadian Pacific is well-positioned and ready to move this year's western Canadian grain crop, which is forecast to be significantly bigger than the five-year average, to market. CP...
Blue Cut fire could cost Southern California’s shipping industry millions of dollars per day
(Source: Los Angeles Daily News, August 17, 2016) LOS ANGELES — Wildfire-spurred highway and rail-line closures hobbled Southern California’s shipping industry Wednesday. The smoke-choked slowdown is expected to cost millions of dollars a day. Full story: Los Angeles...
