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Daily Headlines

Berkshire discloses $1 billion price tag for GE railroad assets

(Source: Bloomberg, November 6, 2015) NEW YORK — Berkshire Hathaway Inc., the company controlled by billionaire investor Warren Buffett and owns the BNSF Railway, said the price for the railroad assets it agreed to buy from General Electric Co. in September was about...

‘I don’t trust them,’ conductor tells Metro North crash jury

(Source: The Journal News, November 10, 2015) NEW YORK — An assistant conductor aboard the Metro-North train that crashed in the Bronx almost two years ago testified Tuesday she felt “betrayed” upon learning the commuter rail failed to employ backup safety devices...

Hoffa: TPP a punch to the gut of U.S. workers

(Source: Opinion column by Teamsters General President Jim Hoffa published in the Detroit News, November 11, 2015) WASHINGTON, D.C. — The much-awaited text of the 12-nation Trans-Pacific Partnership (TPP) was finally released for public consumption last week. But...

CP Rail says broken rail caused oil train derailment in Watertown

(Source: Associated Press, November 11, 2015) WATERTOWN, Wisc. — Canadian Pacific Railway says a broken rail caused an oil train derailment in southeastern Wisconsin last weekend. The railroad said Wednesday the defect was not visible to the naked eye. Full story:...

SEPTA buying 13 new locomotives for $113 million

(Source: Philadelphia Magazine, November 11, 2015) PHILADELPHIA — SEPTA announced today it has formally awarded Siemens a $113 million contract to build 13 new locomotives, for delivery in 2018. The sleek new SEPTA ACS-64 locomotives are similar to those Amtrak...

Report questions safety of rusting, crumbling railroad bridges

(Source: Washington Post, November 10, 2015) WASHINGTON, D.C. — After a weekend in which two freight trains derailed, spilling their contents, an advocacy group’s report released Tuesday says bridges that carry dozens of those types of trains each day are in dangerous...

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