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Daily Headlines
Amtrak, Illinois DOT reach deal to keep in-state service
(Source: Associated Press, February 6, 2016) CHICAGO — Amtrak and the Illinois Department of Transportation say they have reached an agreement to maintain existing service on state-supported routes while reducing costs. Full story: Chicago Sun-Times
Latest changes at CSX part of evolving rail history
(Source: Herald-Dispatch, February 8, 2016) HUNTINGTON, W.Va. — Huntington has benefited from railroads for more than 145 years. But there have been many changes over the years, and more of them are happening now. Today, CSX Transportation's Huntington Division is in...
Some investors say UP stock ‘a screaming buy’
(Source: Omaha World-Herald, February 8, 2016) OMAHA, Neb. — With Union Pacific Railroad shares down big in the past year, some professional money managers are acting as if they stumbled upon a huge “buy one, get one” sale. Full story: Omaha World-Herald
House T&I Committee pushes for ‘visionary’ Amtrak leader
(Source: The Hill, February 5, 2016) WASHINGTON, D.C. — Top ranking Republicans on the House Transportation Committee are pushing for Amtrak to hire a "visionary leader" to lead the nationwide passenger rail system. Amtrak's current CEO, Joe Boardman, is planning to...
CP white paper: Merger with NS would not trigger future North American merger activity
(Source: DC Velocity, February 5, 2016) WASHINGTON, D.C. — A merger between Canadian Pacific Railway (CP) and Norfolk Southern Corp. (NS) would not force other U.S. railroads to merge in order to remain competitive, CP said Wednesday. Full story: DC Velocity
Hall: ‘Right to work’ fight is not over in West Virginia
(Source: International Brotherhood of Teamsters press release, February 5, 2016) CHARLESTON, W.Va. — The following is the official statement of Teamsters General Secretary-Treasurer and Local 175 President Ken Hall on the passage of right to work in both chambers of...
NJ Transit has been developing strike plan for four months
(Source: www.nj.com, February 7, 2016) NEWARK — Sources with knowledge of NJ Transit's strike plans said the agency has been preparing for the last four months. Full story: www.nj.com
Hoffa: Past TPP concerns are still today’s reality for bum trade deal
(Source: International Brotherhood of Teamsters press release, February 3, 2016) WASHINGTON, D.C. — The following is a statement from Teamsters General President James P. Hoffa about trade representatives from the U.S. and 11 other countries involved in the...
Norfolk Southern notes industrial investments along rail lines in 2015
(Source: Norfolk Southern press release, February 4, 2016) NORFOLK, Va. — Norfolk Southern assisted 93 industries in locating or expanding their businesses along its rail lines in 2015. The 61 new and 32 expanded industries represent an investment of $4.2 billion by...
Paulsboro train derailment lawyer coached witness, report says
(Source: www.nj.com, February 5, 2016) CAMDEN, N.J. — An attorney representing Paulsboro residents in civil cases against Conrail stemming from the 2012 train derailment and chemical spill in the borough was kicked out of court for leading a witness, according to...
