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Daily Headlines
Bombardier says CTA rigged contract process to favor Chinese company
(Source: Chicago Tribune, April 13, 2016) CHICAGO — The losing bidder for a $1.3 billion CTA rail car contract has filed a protest with the agency, saying that the bidding process was rigged in favor of a Chinese firm that promised to bring manufacturing jobs to...
Transport Canada’s list of 500 ‘highest risk’ grade crossings not widely shared
(Source: CBC News, April 13, 2016) OTTAWA — CBC News has learned Transport Canada does not routinely warn the public about all railway crossings that appear in its database of the country's 500 "highest risk" crossings. Full story: CBC News
Opinion: Little progress on rail safety in wake of Lac Megantic
(Source: Toronto Star opinion column by Bruce Campbell, April 14, 2016) TORONTO — Transport Minister Marc Garneau said recently that rail safety is his number one priority. The federal budget pledged an extra $143 million over three years to, among other things,...
SEPTA unveiling PTC on Warminster line Monday
(Source: Bucks County Courier Times, April 14, 2016) BUCKS COUNTY, Pa. — Passengers on SEPTA's Warminster Regional Rail line won't notice anything different when they step aboard Monday morning, but beneath their feet rests technology that promises a safer ride. Full...
AAR: Rail traffic down 14.1 percent from 2015 for week ending April 9
(Source: Association of American Railroads press release, April 13, 2016) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending Apr. 9, 2016. For this week, total U.S. weekly rail traffic was 479,059...
Railroads cut deeper as freight volumes continue to fall
(Source: Associated Press, April 13, 2016) OMAHA, Neb. — CSX railroad said Wednesday it plans to continue cutting costs this year to deal with slowing freight volume and declining profit. Full story: Lincoln Journal Star
Evacuation lifted after BNSF derailment in Scott, La.
(Source: The Advertiser, April 13, 2016) SCOTT, La. — Approximately 138 homes and two businesses, including a day care center, were evacuated until about 8:30 p.m. Wednesday after 11 rail cars ran off the tracks near Scott that morning. No one was injured. Full story:...
CSX plans more cuts in response to lower freight volume
(Source: Associated Press, April 13, 2016) OMAHA, Neb. — CSX railroad plans to continue cutting costs this year to deal with slowing freight volume and declining profits. Full story: ABC News
CSX weathers tough first quarter
(Source: Railway Age, April 13, 2016) NEW YORK — Impacted by lower volume, CSX posted first-quarter 2016 net earnings of $356 million, or $0.37 per share, down from $442 million, or $0.45 per share, in the same period of last year. “Service improvements, significant...
Comparison of benefits under Railroad Retirement and Social Security
(Source: Railroad Retirement Board press release, March 8, 2016) CHICAGO — Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act, so that railroad retirement benefits remain higher than...
