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Daily Headlines

PTC included on NTSB’s Most Wanted List for 2016

(Source: The Hill, January 13, 2016) WASHINGTON, D.C. — The National Transportation Safety Board's annual wish list for safety includes changes to federal regulations of U.S. railways and transit systems and lowering the legal alcohol limit for drivers. Full story:...

Railroads expected to get back on track in 2016

(Source: U.S. News & World Report, January 12, 2016) WASHINGTON, D.C. — Railroads that had their valuations slashed in 2015 due to decreased traffic at the very least should see the bleeding slow this year as coal volumes are expected to improve. Full story: U.S....

Union Pacific will do all in its power to stop rail mergers: CEO

(Source: Reuters, January 13, 2016) NEW YORK — No. 1 U.S. railroad Union Pacific Corp believes major railroad mergers are not in the interest of the rail industry or customers and is working behind the scenes to make sure none take place, the company's top executive...

Editorial: CP-NS street fight

(Source: Editorial in the Roanoke Times, January 14, 2016) ROANOKE, Va. — If Canadian Pacific’s opening move was to make an offer to acquire Norfolk Southern (actually three offers, all rejected), Norfolk Southern’s defensive gambit has been to raise the specter that...

CP Rail surprised, disappointed by UP merger comments

(Source: Canadian Pacific Railway press release, January 14, 2016) CALGARY, Alberta — Canadian Pacific said today that it is surprised and disappointed by comments reportedly made by Union Pacific Corp.'s (UP) Chief Executive that UP is working behind the scenes with...

BNSF chairman says CP-NS merger would put CSX in crosshairs

(Source: Reuters, January 14, 2016) NEW YORK — A potential merger of Canadian Pacific Railway Ltd and Norfolk Southern would make it hard for No. 3 U.S. railroad CSX Corp to survive alone and ratchet up pressure for more industry consolidation, the chairman of No. 2...

2016 rail excursions set for historic Virginia steam locomotive

(Source: Richmond Times-Dispatch, January 13, 2016) RICHMOND, Va. — The Virginia Museum of Transportation has announced a 2016 excursion schedule for the Norfolk & Western Class J 611 steam engine. Full story: Richmond Times-Dispatch

Advanced-technology trains support Amtrak’s sustainability efforts

(Source: Amtrak press release (PDF), January 14, 2016) WASHINGTON, D.C. — Amtrak continues its commitment and progress to ever more sustainable operations by focusing on fuel and energy conservation as well as other initiatives. America’s Railroad® has incorporated...

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