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Daily Headlines
Streak of falling freight volumes likely to continue as Union Pacific reports 4Q 2015 income tomorrow
(Source: Omaha World-Herald, January 20, 2016) OMAHA, Neb. — Union Pacific is likely to report a fourth straight quarter of declining freight volumes Thursday, a losing streak not seen since a six-quarter string of flat or declining shipments that started in mid-2012....
City of Florence, SC, may gain jobs after CSX consolidation
(Source: Morning News, January 19, 2016) FLORENCE, S.C. — As many as 121 positions could be coming to Florence, which the company designates as a major rail yard. South Carolina’s other major rail yard is in Charleston; CSX also has facilities in Spartanburg,...
Lawmaker asks NS to reconsider consolidation of divisions
(Source: Bluefield Daily Telegraph, January 20, 2016) BLUEFIELD, W.Va. — A West Virginia lawmaker is asking Norfolk Southern to “pause” on the planned consolidation of its Pocahontas and Virginia divisions. Full story: Bluefield Daily Telegraph
Stepped-up enforcement leads to FRA’s highest-ever penalty collection rate
(Source: Federal Railroad Administration press release, January 20, 2015) WASHINGTON, D.C. — The Federal Railroad Administration (FRA) today announced that its stepped-up enforcement of railroad safety regulations led to the highest-ever civil penalty collection rate...
Hoffa: Teamsters stand with Flint during water crisis
(Source: International Brotherhood of Teamsters press release, January 19, 2016) WASHINGTON, D.C. — The following is the official statement of Teamsters General President Jim Hoffa on the Flint, Mich. water crisis. “Over the past month the water crisis in Flint, Mich....
A JB Hunt deal with BNSF or NS could be in play
(Source: Seeking Alpha, January 19, 2016) NEW YORK — A merger between either BNSF or Norfolk Southern and JB Hunt is a possibility as consolidation in the freight industry continues. Full story: Seeking Alpha
CP Rail alleges competitors trying to block NS deal, wants U.S. Justice Department to investigate
(Source: Associated Press, January 19, 2016) OMAHA, Neb. — Canadian Pacific railroad wants the Justice Department to investigate whether other major freight railroads are improperly coordinating opposition to its proposed acquisition of rival Norfolk Southern. Full...
CP’s bid for NS riles U.S. railroads
(Source: Reuters, January 19, 2016) CHICAGO — A legal protest by Canadian Pacific over a meeting among big U.S. railroads about mergers in their industry has highlighted maneuvering in the sector to cope with a rapid downturn and possible consolidation. Full story:...
MBTA runs trains overnight to curb cold-related issues
(Source: Television station WCVB, January 19, 2016) BOSTON — The MBTA is hoping some plans put in place for this winter will minimize cold weather concerns. The MBTA ran empty Red Line trains through stations overnight in an effort to prevent problems later Tuesday...
Texas high-speed rail opponents hope to derail project
(Source: Fort Worth Star-Telegram, January 14, 2016) FORT WORTH, Texas — Thirty-three East Texas officials sent a letter to the Japanese ambassador to the U.S. this week to express opposition to a Texas firm’s proposed high-speed rail line between Dallas and Houston...
