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Daily Headlines
NS, MSI settle dueling lawsuits
(Source: Pittsburgh Tribune Review, August 5, 2016) PITTSBURGH, Pa. — MSI Corp. and Norfolk Southern railroad have apparently reached a settlement in lawsuits that arose after a February 2014 train derailment that damaged one of MSI's buildings in Vandergrift. Full...
Failure is common when it comes to family work policies
(Source: International Brotherhood of Teamsters press release, August 4, 2016) WASHINGTON, D.C. — A family-friendly workplace is essential in an age where people are working harder for less. But as a new report from the National Partnership for Women & Families finds,...
Yankees turn back clock, take Amtrak charter for series in Boston
(Source: New York Daily News, August 7, 2016) NEW YORK — On the same day the Yankees’ oldest player, Alex Rodriguez, announced his retirement, the squad decided to turn back the clock with its travel plans. The Bombers boarded an Amtrak charter train at 153rd St....
KCS CEO Patrick Ottensmeyer sells 5,000 shares of company stock
(Source: Press Telegraph, August 5, 2016) NEW YORK — Kansas City Southern (KCS) President & CEO, Patrick Ottensmeyer made a sale of 5,000 KCS shares, based on the average market share price of $95.6 a share. The reported shares have a value of close to $478,100. Full...
Amtrak: Final ACS-64 locomotive enters revenue service
(Source: Amtrak press release, August 5, 2016) WASHINGTON, D.C. — Amtrak Cities Sprinter (ACS-64) locomotive #670 enters revenue service this week, marking delivery of the 70th ACS-64 locomotive to serve passengers along the highly-traveled Northeast Corridor and...
Will STB’s reciprocal switching decision really help shippers?
(Source: Material Handling & Logistics, August 7, 2016) NEW YORK — The Surface Transportation Board’s proposal to allow railroad reciprocal switching garnered immediate praise from shipper groups, but after shippers have a chance to examine it more closely, they might...
Bad fuel in Utah to blame for Amtrak breakdowns, federal complaint says
(Source: Deseret News, August 5, 2016) SALT LAKE CITY, Utah — A central Utah oil company sold bad diesel fuel to Amtrak that caused eight trains to break down after leaving Salt Lake City in 2011 and cost taxpayers tens of thousands of dollars, the government claims....
Despite BNSF decline, Berkshire Hathaway’s 2Q 2016 profit up 18 percent
(Source: Omaha World-Herald, August 6, 2016) OMAHA, Neb. — Berkshire Hathaway Inc. said Friday second-quarter operating profit rose 18 percent, despite a big falloff at top subsidiary BNSF Railway. The Omaha-based conglomerate led by Chairman and Chief Executive...
Editorial: Of gravy trains and turntables
(Source: Editorial in the Omaha World-Herald, August 5, 2016) OMAHA, Neb. — Our language, it turns out, is freighted with a lot of surprising railroad terms. Full story: Omaha World-Herald
Kenyan rail workers protesting against Chinese employer — want raise to $5 per day
(Source: Quartz Africa, August 4, 2016) There are high hopes for Kenya’s new rail project. The $13.8 billion standard-gauge railway, being built by a Chinese company, is meant to connect the port city of Mombasa to Nairobi and eventually the rest of East Africa. It...
