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Daily Headlines
Metro-North to pay conductor at least $835,000 in fatal derailment settlement
(Source: The Journal News, November 17, 2015) NEW YORK — An assistant conductor injured when a Metro-North train derailed in the Bronx in 2013 settled her legal claims against the commuter rail for at least $835,000 late Monday. Full story: www.lohud.com
New York’s MTA presents final proposed budget for 2016
(Source: Metropolitan Transportation Authority press release, November 18, 2015) NEW YORK — The Metropolitan Transportation Authority (MTA) today presented its 2016 Final Proposed Budget and its 2016-19 Financial Plan, in which a relentless emphasis on cutting costs...
Opinion: 20 years ago, sound regulation powered privatization of CN
(Source: Financial Post opinion column by CN CEO Claude Mongeau, November 17, 2015) OTTAWA — November 17, 2015, marks the 20th anniversary of CN’s privatization and initial public offering. This is the anniversary of one of the most profound transformations in...
Second train worker, a conductor, sues BNSF over Casselton oil train explosion
(Source: Inforum, November 18, 2015) FARGO — A train conductor in the massive oil tanker train derailment and explosion in Casselton about two years ago is suing BNSF Railway, claiming its negligent safety practices left him injured in the wreck Full story: Inforum
TPP is a big, bad deal for workers
(Source: International Brotherhood of Teamsters press release, November 18, 2015) WASHINGTON, D.C. — Several House members gathered on Capitol Hill this morning to let the public know seeing isn't believing when it comes to the Trans-Pacific Partnership (TPP)....
AAR: Weekly rail traffic down 4.7 percent from 2014 for week ending November 14
(Source: Association of American Railroads press release, November 18, 2015) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending Nov. 14, 2015. For this week, total U.S. weekly rail traffic was 543,681...
VP Biden praises high-speed rail in visit to Texas
(Source: Dallas Morning News, November 18, 2015) DALLAS — Vice President Joe Biden stood atop a sun-drenched rooftop in the Cedars on Wednesday to sing the praises of a planned high-speed rail line between Dallas and Houston. The long-time train commuter said modern...
FRA warns railroads on new Positive Train Control deadline
(Source: Chicago Tribune, November 18, 2015) CHICAGO — The federal government is warning the nation's railroads, including Chicago's Metra, that it intends to "aggressively enforce" a new deadline for installation of a high-tech safety system. In a letter Thursday to...
CP could ride hundreds of millions in tax savings with NS deal
(Source: Forbes, November 18, 2015) NEW YORK — A prospective of Norfolk Southern by Calgary-based Canadian Pacific could generate the kinds of tax savings for the combined company that the merger of Burger King and Ontario-based Tim Hortons yielded when it closed in...
CP’s $28 billion offer for NS renews quest for big rail link
(Source: Bloomberg, November 18, 2015) NEW YORK — Canadian Pacific's offer of about $28 billion for Norfolk Southern renews Chief Executive Officer Hunter Harrison's effort to link Canada's second-largest carrier with one of the big operators in the eastern United...
