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Daily Headlines
No plans to move CP Rail headquarters out of Canada, CEO says
(Source: Globe and Mail, November 23, 2015) TORONTO — Canadian Pacific Railway Ltd. says it has no plans to move its headquarters out of Canada as it tries to build a transcontinental railroad with the $29-billion (U.S.) takeover of Virginia-based Norfolk Southern...
CP Rail CEO sees ‘huge cash flow’ from selling Norfolk Southern land
(Source: Bloomberg, November 23, 2015) NEW YORK — Canadian Pacific Railway Ltd. expects to generate substantial proceeds by selling surplus land owned by Norfolk Southern Corp. if its proposed $28 billion takeover of the U.S. railroad goes ahead. Full story: Calgary...
Amtrak shows two potential routes, updated designs for new Susquehanna River rail bridge
(Source: The Aegis, November 20, 2015) BALTIMORE, Md. — Amtrak officials have narrowed to two the number of prospective routes for the rail line serving the proposed replacement for the Susquehanna River Rail Bridge, although the property line for one route would...
BMWED to conduct research on occupational risk reduction
(Source: International Brotherhood of Teamsters press release, November 20, 2015) WASHINGTON, D.C. — The Brotherhood of Maintenance of Way Employes' (BMWED) President Freddie N. Simpson, with the full support of the BMWED National Division Officers, has approved a...
Low gas prices may be hurting Amtrak ridership in Iowa
(Source: Des Moines Register, November 20, 2015) DES MOINES, Iowa — Amtrak train ridership in Iowa is down sharply from an all-time high in 2010, and cheap gasoline prices could be a key factor, says a railroad spokesman. Full story: Des Moines Register
Rail safety fight rolls into Minnesota election politics
(Source: Star Tribune, November 22, 2015) MINNEAPOLIS, Minn. — Freight rail companies have enjoyed a surge in profits in recent years, thanks in part to the Bakken oil boom. But the profits have come with new political peril, as elected officials have taken up the...
Group wants oil trains rerouted away from Pa. nuclear plant
(Source: Reading Eagle, November 22, 2015) MONTGOMERY COUNTY, Pa. — A Tri-County environmental advocacy group has asked federal, state and local officials to reroute railroad tracks that carry crude oil near the Limerick Nuclear Generating station to prevent a...
Expansion of Panama Canal in 2016 could hurt Union Pacific
(Source: Trefis, November 20, 2015) NEW YORK — The shipment of intermodal freight is an important business segment for Union Pacific, accounting for around 20% of the company’s freight revenues. Union Pacific’s intermodal shipments consist of import and export...
Teamster Silicon Valley drivers vote overwhelmingly in favor of contract
(Source: International Brotherhood of Teamsters press release, November 22, 2015) SAN LEANDRO, Calif. — Shuttle drivers for seven major Silicon Valley companies voted by an overwhelming 95 percent today to approve a first contract that provides for industry-leading...
Airport, rail security beefed up for Thanksgiving travel
(Source: ABC News, November 20, 2015) NEW YORK — Airline and railroad passengers nationwide will see a significant increase in security for this year’s Thanksgiving travel. Full story: ABC News
