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Daily Headlines
Berkshire Hathaway 1Q 2016 profit falls 12 percent
(Source: Omaha World-Herald, May 1, 2016) OMAHA, Neb. — Berkshire Hathaway said Saturday that first-quarter profit fell 12 percent on lower earnings from the key railroad and energy units. The largest contributors, BNSF Railway and Berkshire Hathaway Energy, which...
CSX derailment impacts MARC service in D.C. area
(Source: Maryland Transit Administration press release, May 1, 2016) BALTIMORE, Md. — The MARC Brunswick Line will operate on a significantly reduced schedule tomorrow due to today’s CSX freight train derailment near Washington. In addition, trains will terminate at...
14 CSX cars derail in Northeast D.C., causing hazardous leak
(Source: WTOP, May 1, 2016) WASHINGTON, D.C. — A CSX freight train derailed near the Rhode Island Avenue Metro station Sunday morning, leaving several cars overturned and a hazardous leak coming from at least one car, according to city officials. No injuries have been...
What’s in a name: Newscasters struggle with ‘Acela’ Primary
(Source: Amtrak blog, April 28, 2016) WASHINGTON, D.C. — During the media coverage that surrounded what was dubbed the “Acela Primary,” several television news correspondents struggled to properly pronounce the name of Amtrak’s high-speed passenger service that serves...
US Foods provokes Maryland Teamsters to launch unfair labor practices strike
(Source: International Brotherhood of Teamsters press release, April 27, 2016) (BALTIMORE) – Nearly 200 Maryland Teamsters working for US Foods began an unfair labor practice strike today at the company’s Severn, Md. distribution center. Warehouse workers and drivers...
SEPTA track workers get safety protection that could save lives
(Source: CBS Philadelphia, April 28, 2016) PHILADELPHIA — The death of two Amtrak employees, struck by a high-speed train along the rails in Chester on April 3, reminded everyone of the dangers of working near trains. Now SEPTA has announced two new measures, beyond...
RRB names Director of Legislative Affairs/Legal Counsel
(Source: U.S. Railroad Retirement Board press release, April 25, 2016) CHICAGO — The U.S. Railroad Retirement Board (RRB) has appointed Beverly Britton Fraser as Director of Legislative Affairs/Legislative Counsel. The appointment was effective April 18, 2016. She...
House a total loss after CSX train blocks firefighters from reaching blaze
(Source: The News-Herald, April 28, 2016) SOUTHGATE, Mich. — Huron Township firefighters were delayed Wednesday by a stopped CSX train on their way to a house fire, according to a report from WXYZ. The delay caused the house to be a total loss, according to the...
Genesee & Wyoming reports results for the first quarter of 2016
(Source: G&W press release, April 28, 2016) DARIEN, Conn. — Genesee & Wyoming Inc. (G&W) reported first quarter 2016 financial results on April 28, 2016. First Quarter Consolidated Highlights: • Operating revenues increased 21.6% to $482.6 million from $397.0 million....
What to watch when Berkshire Hathaway reports earnings
(Source: The Motley Fool, April 28, 2016) NEW YORK — Of particular importance are Berkshire's railroad operations. In 2009, Berkshire invested more than $26 billion to purchase Burlington Northern Santa Fe. Since then, Berkshire has invested billions to expand and...
