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Daily Headlines

BNSF coal cars derail in Lincoln, Neb.

(Source: Lincoln Journal Star, June 14, 2016) LINCOLN, Neb. — Train cars carrying coal went off the track north near Seventh and N streets in Lincoln Tuesday morning. Fifteen cars in the 135-car coal train went off the track near Pinnacle Bank Arena and at least two...

Amtrak, MTA install backup power system for Baltimore Penn Station

(Source: Progressive Railroading, June 14, 2016) Amtrak and the Maryland Transit Administration have installed a $1.2 million backup generator system at Baltimore Penn Station to maintain the facility’s operations during extended utility outages, Amtrak announced late...

Investors see buying opportunity in Union Pacific

(Source: Guru Focus, June 14, 2016) NEW YORK — Union Pacific should be of interest to long-term dividend growth investors, especially since the stock has pulled back on weak commodity fundamentals. Full story: www.gurufocus.com

Local leaders ask Oregon, Washington governors to ban oil by rail

(Source: Associated Press, June 14, 2016) PORTLAND, Ore. — Portland and Multnomah County leaders on Tuesday urged the governors of Oregon and Washington to push Congress for a permanent ban on oil-by-rail in the wake of a fiery train derailment along the Columbia...

Washington state ramping up inspections of railroad tracks

(Source: www.king5.com, June 14, 2016) SEATTLE — Washington's Utility and Transportation Commission inspectors along with teams from the Federal Railroad Administration are inspecting tracks running on the north bank of the Columbia River Gorge. Another team combining...

NJ Transit to present budget, address $46 million gap

(Source: Associated Press, June 15, 2016) NEWARK, N.J. — New Jersey Transit is due to present a proposed $2.1 billion operating budget for the coming fiscal year that doesn’t include any fare increases. Full story: Washington Times

Worker laws need updating to address modern families

(Source: International Brotherhood of Teamsters press release, June 14, 2016) WASHINGTON, D.C. — Some basic U.S. laws – especially the Social Security Act and the 1938 law enacting the minimum wage and the right to overtime pay – must be changed to account for...

PATH plans PTC install, CBTC upgrade on 33rd Street line for August

(Source: Railway Track & Structures, June 13, 2016) NEW YORK — Port Authority Trans Hudson (PATH) plans to suspend weekend service on its 33rd Street line in Manhattan, N.Y., beginning in August to progress an upgrade to its signal system, including installation of...

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