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Daily Headlines
NS reports lower full-year and 4Q 2015 results
(Source: Norfolk Southern press release, January 27, 2016) NORFOLK, Va. — Norfolk Southern Corporation today reported fourth-quarter and 2015 financial results. Fourth-quarter net income was $361 million, or $1.20 per diluted share, compared with $511 million, or...
CN chief Claude Mongeau returns to work after throat tumor treatment
(Source: Globe and Mail, January 25, 2016) TORONTO — Claude Mongeau, chief executive officer of Canadian National Railway Co., is back at work after a six-month break recovering from treatment for a throat tumor. Full story: Globe and Mail
Norfolk Southern to release 4Q and full year 2015 financial results tomorrow
(Source: Norfolk Southern press release, January 5, 2015) NORFOLK, Va. — Please join us to review our fourth-quarter and full-year 2014 financial results during a conference call and live Internet webcast at 8:45 a.m. Eastern Time on Monday, Jan. 26, 2015. Quarterly...
Report zeroes in on eight possible high-speed rail routes in Minnesota
(Source: Post Bulletin, January 26, 2016) ROCHESTER, Minn. — Eight potential corridors for a proposed Rochester-to-Twin Cities high-speed rail line are recommended for additional study in a Minnesota Department of Transportation report released on Monday. Full story:...
Amtrak ‘Inspection Train’ tours potential New Orleans-Orlando rail service
(Source: New Orleans Advocate, January 25, 2016) NEW ORLEANS — Amtrak and the Southern Rail Commission are conducting a tour along the Gulf Coast to consider new ideas for intercity passenger rail, the federal rail corporation said Monday. The so-called Inspection...
CSX inspects crossing where school bus drove around gates
(Source: www.al.com, January 23, 2016) BIRMINGHAM, Ala. — The railroad that manages a crossing where a Birmingham school bus drove around the gates this week has inspected the signal equipment. Full story: www.al.com
FRA extends comment period for NEC FUTURE
(Source: Federal Railroad Administration press release, January 25, 2016) WASHINGTON, D.C. — The U.S. Department of Transportation’s (DOT) Federal Railroad Administration (FRA) today announced that it will extend the formal comment period for the NEC FUTURE Tier 1...
U.S. Rep. Duckworth asks STB to review use of ‘voting trusts’ in railroad mergers
(Source: Progressive Railroading, January 25, 2015) U.S. Rep. Tammy Duckworth (D-Ill.) has asked the Surface Transportation Board (STB) to review whether Canadian Pacific's proposed takeover of Norfolk Southern Corp. would meet statutory requirements and is in the...
SEPTA provides Psitive Train Control update
(Source: SEPTA press release, January 25, 2016) PHILADELPHIA — As reported in our last update, toward the end of 2015, Congress and the President authorized a three year extension on the deadline for freight lines and inner city and commuter rail systems to install...
Anti-worker bills are on the move in W.Va.
(Source: International Brotherhood of Teamsters blog, January 23, 2016) CHARLESTON, W.Va. — The West Virginia State Senate voted this week to approve a so-called right-to-work (RTW) bill. The vote, 17 to 16, was strictly across party lines. The bill will now go to the...
