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Daily Headlines
KCS to announce 2Q 2016 financial results on July 19
(Source: Kansas City Southern press release, June 22, 2016) KANSAS CITY, MO. — Kansas City Southern (KCS) will release its financial results for second quarter 2016 on Tuesday, July 19, 2016, before the opening of trading on the New York Stock Exchange. KCS will also...
Costco Teamsters in the East join Western Conference pension plan for first time
(Source: International Brotherhood of Teamsters press release, June 23, 2016) WASHINGTON, D.C. — Teamsters who work at Costco in New York, New Jersey and Maryland have overwhelmingly ratified an agreement under which they will be covered by the Western Conference of...
Oregon’s governor renews call to ban oil trains through state
(Source: The Oregonian, June 23, 2016) PORTLAND, Ore. — Gov. Kate Brown again called for a moratorium on oil trains in Oregon, after federal regulators released findings Thursday that blamed this month's fiery derailment and spill in the Columbia River Gorge on Union...
STB to take a fresh look at CSX blocking crossings in Chicago
(Source: Daily Southtown, June 23, 2016) CHICAGO — A federal agency is taking a fresh look at CSX Transportation's operation of a rail line that runs through Chicago's Southwest Side and adjacent suburbs, such as Evergreen Park, noting the railroad hasn't lived up to...
IBT’s Graphic Communications Conference opens 3rd Convention
(Source: International Brotherhood of Teamsters press release, June 23, 2016) LAS VEGAS — Delegates from across the U.S. and Canada opened the first day of the 3rd Graphic Communications Conference Convention today. This is the first of a three-day convention where...
KCS plans infrastructure improvements along Meridian Speedway
(Source: Kansas City Southern press release, June 22, 2016) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced today that the Meridian Speedway©, LLC (MSLLC), is investing approximately $28 million in 2016 on construction and improvement projects on its Vicksburg...
Sioux Falls train traffic to pick up with BNSF rail yard redevelopment
(Source: Argus Leader, June 24, 2016) SIOUX FALLS, S.D. — When the walls start to rattle, it means half off beers at Fernson on 8th. The downtown Sioux Falls tap room sits a few yards from the railroad tracks, and its owners want to make passing trains a part of the...
The new Panama Canal: A risky bet
(Source: New York Times, June 22, 2016) PANAMA CITY — The expanded canal’s future is cloudy at best, its safety, quality of construction and economic viability in doubt, an investigation by The New York Times has found. In simple terms, to be successful, the new canal...
UP maintenance employee arraigned on felony charges after grade crossing fatality in Gilroy, Calif.
(Source: NBC Bay Area, June 23, 2016) GILROY, Calif. — A Union Pacific employee was arraigned Tuesday on felony negligence charges for his role in a fatal crash at a Gilroy railroad crossing last year. Full story: www.nbcbayarea.com
AAR: Rail traffic down 6.3 percent from 2015 for week ending June 18
(Source: Association of American Railroads press release, June 22, 2016) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending Jun. 18, 2016. For this week, total U.S. weekly rail traffic was 516,096...
