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Daily Headlines

Feds reject industry challenges to oil train safety rule

(Source: McClatchy News Service, November 10, 2015) WASHINGTON, D.C. — The U.S. Department of Transportation has rejected several appeals by industry groups to its rule issued in May on the safety of trains carrying large quantities of crude oil and ethanol. 
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Opinion: Savings may get CP-NS deal across the line

(Source: Reuters opinion column by Robert Cryan, November 10, 2015) NEW YORK — Canadian Pacific Railway may yet manage to cross the border. The $22 billion railroad company may try to buy slightly larger Norfolk Southern. If CP can boost its U.S. rival’s operating...

BNSF CFO sees challenges to CP-NS merger

(Source: Bloomberg, November 10, 2015) NEW YORK — Julie Piggott, the chief financial officer of the railroad at Warren Buffett’s Berkshire Hathaway Inc., said government watchdogs may be reluctant to allow more consolidation of major companies in her industry. Full...

Analyst: Potential CP-NS rail merger ‘highly unlikely’

(Source: Business News Network, November 10, 2015) OTTAWA — A merger between Canada’s CP Rail and Norfolk Southern is “highly unlikely,” although not impossible, one rail analyst tells BNN. Full story: Business News Network

Japan, U.S. to set up high-speed rail conference

(Source: Japan Times, November 9, 2015) TOKYO — Japan and the United States agreed Monday to set up a bilateral conference to exchange information about advanced train technology as Tokyo steps up its efforts to export Japanese high-speed rail systems. Full story:...

NS loses out on federal grant to expand Rickenbacker hub

(Source: Columbus Dispatch, November 10, 2015) COLUMBUS, Ohio — Norfolk Southern Railway Co. has lost out on a federal grant that the company was counting on to help expand its transportation hub at Rickenbacker Airport. Full story: Columbus Dispatch

Crews work to clean up Wisconsin train derailments

(Source: Associated Press, November 9, 2015) NEW YORK — Crews worked Monday to clear freight cars from rail tracks and contain spilled crude oil, ethanol and coal after two trains derailed in Wisconsin over the weekend and another derailed in Iowa on Monday. Full...

FRA study provides 3 new visions for Northeast Corridor

(Source: Philadelphia Inquirer, November 10, 2015) PHILADELPHIA — A look at the future of rail on the East Coast produced some pretty radical ideas for revamped Amtrak service in Philadelphia. Some of these proposals may seen unlikely to materialize, but they're part...

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