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Daily Headlines
AAR: Rail traffic down 1.4 percent from 2015 for week ending February 6
(Source: Association of American Railroads press release, February 10, 2016) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending Feb. 6, 2016. For this week, total U.S. weekly rail traffic was 504,510...
Labor leaders, workers urge MBTA not to privatize services
(Source: www.boston.com, February 11, 2016) BOSTON — Labor leaders decried a plan to contract out some MBTA services at a Wednesday transportation meeting. At the urging of Gov. Charlie Baker, and against protests from labor unions, the legislature last year granted...
Hackers of two Ukranian utilities probably hit mining and railroad targets, too
(Source: IDG News Service, February 12, 2016) NEW YORK — The attackers who crippled Ukrainian power operators in December probably committed attacks shortly before against a mining company and a railway operator, Trend Micro said Thursday. Full story: CSO Online
Biden will highlight NS Crescent Corridor project during Memphis visit
(Source: Commercial Appeal, February 11, 2016) WASHINGTON, D.C. — Vice President Joe Biden will travel to Memphis next Wednesday to highlight work on Norfolk Southern's Crescent Corridor freight rail project. Full story: Commercial Appeal
Amtrak CEO to seek budget cuts
(Source: Philadelphia Inquirer, February 11, 2016) PHILADELPHIA — Bad weather and cheap oil are hurting Amtrak's bottom line, and its chief executive wants across-the-board cuts just four months into the fiscal year. Full story: Philadelphia Inquirer
German police say death toll from train crash rises to 11
(Source: Associated Press, February 11, 2016) BERLIN — Police in southern Germany said Thursday that the death toll from a head-on train collision in Bavaria has risen to 11, after a man succumbed to his injuries two days after the crash. Full story: Washington...
The second golden age of American railroads is drawing to a close, and consolidation may follow
(Source: The Economist, February 13, 2016) NEW YORK — How can the rail industry continue to satisfy both investors and society if demand and profits are lower and the need for capital spending remains high? Perhaps by turning the big six railways into four, or even...
CP creates website to argue for NS merger
(Source: Associated Press, February 11, 2016) OMAHA, Neb. — Canadian Pacific has created a website to showcase all of its arguments for its proposed takeover of Norfolk Southern railroad. Most of what's on the www.cpconsolidation.com website is from Canadian Pacific's...
UPS opposes CP takeover of NS
(Source: Dow Jones Business News, February 11, 2016) NEW YORK — United Parcel Service Inc., one of the nation's largest rail customers, became the latest company to oppose a merger between Canadian Pacific Railway Ltd. and Norfolk Southern Corp. In a letter obtained...
Strike, lockout looming at NJ Transit
(Source: Railway Age, February 11, 2016) NEW YORK — No progress has been made in contract talks between the New Jersey Transit Rail Labor Coalition, which consists of 11 unions representing more than 4,000 workers, and NJ Transit. A strike or lockout may occur in...
