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Daily Headlines
UP reports 2Q 2016 results
(Source: Union Pacific press release, July 21, 2016) OMAHA, Neb. — Union Pacific Corporation today reported 2016 second quarter net income of nearly $1.0 billion, or $1.17 per diluted share compared to about $1.2 billion, or $1.38 per diluted share, in the second...
Teamsters accuse International Paper of anti-family policies
(Source: International Brotherhood of Teamsters press release, July 18, 2016) COLUMBUS, Ohio — Over 130 members of Teamsters Local 284 have been on strike for more than two months against the giant multinational corporation, International Paper (NYSE: IP). Workers’...
American gas will be first to pass through expanded Panama Canal
(Source: Bloomberg, July 18, 2016) NEW YORK — The first cargo of liquefied natural gas set to pass through the newly expanded Panama Canal locks will be American. Full story: Bloomberg
New CSX hub may soon open near Rocky Mount
(Source: Rocky Mount Telegram, July 19, 2016) ROCKY MOUNT, N.C. — A multimillion-dollar freight train hub may be just around the bend for the Twin Counties. Full story: Rocky Mount Telegram
Minnesota Gov. Dayton announces new council on freight rail
(Source: Progressive Railroading, July 18, 2016) Minnesota Gov. Mark Dayton late last week established the Governor's Council on Freight Rail, a public-private working group of state officials and railroads to improve communication, safety and economic development in...
Maintenance train derailment throws LIRR into chaos
(Source: New York Post, July 18, 2016) NEW YORK — The July 18 morning commute on the Long Island Rail Road was a mess Monday after a work car train derailed in Queens, resulting in the cancellation or diversion of some westbound trains. Full story: New York Post
Do the oil and railroad lobbies have too much influence on oil train regulations?
(Source: Think Progress, July 13, 2016) WASHINGTON, D.C. — In early June, a Union Pacific train carrying Bakken crude oil derailed outside the small Oregon town of Mosier. It was a relatively calm day in the otherwise windy Columbia River Gorge, which prevented the...
Workers have opportunity to vote for a ‘Stronger America’
(Source: International Brotherhood of Teamsters press release, July 18, 2016) WASHINGTON, D.C. — With the 2016 election growing closer, everyday Americans need to focus on finding a viable path forward that empowers them to have a voice in government so they can help...
Four killed in axe attack on passenger train in southern Germany
(Source: BBC News, July 18, 2016) LONDON — A teenage Afghan refugee armed with an axe and knife injured four people on a train in southern Germany before being shot dead by police, officials say. Three people in a group from Hong Kong were seriously hurt and one...
Lawmakers blast Chinese rail car deal; say it would threaten national security
(Source: The Hill, July 18, 2016) WASHINGTON, D.C. — Over 50 bipartisan lawmakers are urging federal agencies to investigate a pending Chinese rail car deal that say would threaten national security. Full story: The Hill
