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Daily Headlines
All passengers and crew accounted for in deadly German train crash
(Source: Associated Press, January 10, 2016) BAD AIBLING, Germany — Emergency workers on Wednesday started removing the wreckage from the head-on train crash that killed 10 people and injured dozens in southern Germany, after police said they are no longer looking for...
Teamsters Local 728 delivers in water effort for Flint
(Source: International Brotherhood of Teamsters press release, February 9, 2016) WASHINGTON, D.C. — In the spirit of lending a helping hand to those in need, Teamsters at Local 728 in Atlanta collected 15 pallets of bottled water to aid the community affected by the...
CN targeting C$2.9 billion in 2016 capital investments
(Source: Canadian National press release, February 10, 2016) MONTREAL — CN announced today the details of its 2016 plan to invest approximately C$2.9 billion in rail infrastructure and equipment to raise network efficiency, support long-term growth and further...
DOT Secretary Foxx unveils $98.1 billion FY 2017 transportation budget
(Source: U.S. Department of Transportation press release, February 9, 2016) WASHINGTON, D.C. — U.S. Transportation Secretary Anthony Foxx today announced President Obama’s $98.1 billion Fiscal Year 2017 Budget for the U.S. Department of Transportation (DOT). The...
LIRR, Metro-North hit record ridership levels in 2015
(Source: Times Ledger, February 10, 2016) NEW YORK — Both of the Metropolitan Transportation Authority’s commuter railroads reported modern ridership records in 2015. For the Long Island Rail Road, its total of 87.6 million passengers was a 2.1 percent increase over...
Amtrak to STB: Intermediate stops count
(Source: Railway Age, February 9, 2016) NEW YORK — In comments filed with the Surface Transportation Board’s Ex Parte 726, Notice of Proposed Rulemaking on On-Time Performance under Section 213 of the Passenger Rail Investment and Improvement Act of 2008 (PRIIA),...
Teamsters to file lawsuit against WV Senate over secret emails
(Source: International Brotherhood of Teamsters press release, February 9, 2016) CHARLESTON, W.Va. — The Teamsters Union will file a lawsuit this week against the West Virginia State Senate accusing Senate leaders of concealing email communications with a professor at...
CP requests ‘good faith discussions’ with NS in shareholder proposal
(Source: Canadian Pacific press release, February 9, 2016) CALGARY, Alberta — Canadian Pacific today notified Norfolk Southern Corp. (NS) of its intent to submit a resolution to NS' shareholders to ask their board of directors to engage in good faith discussions with...
NS: Discussions with CP not in our best interests
(Source: Norfolk Southern press release, February 9, 2016) NORFOLK, Va. — Norfolk Southern Corporation today issued the following statement regarding the non-binding shareholder proposal submitted by Canadian Pacific: “CP has proposed a non-binding resolution that NS...
CP softens NS acquisition strategy, to seek shareholder support for deal
(Source: Reuters, February 9, 2016) NEW YORK — Canadian Pacific Railway said on Tuesday it planned to seek support from Norfolk Southern Corp's shareholders to push the U.S. railroad's board to engage in takeover talks. Full story: Reuters
