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Daily Headlines
N.D. oil slump hits Minnesota sand mining, rail shipping
(Source: Forum News Service, October 28, 2015) BISMARCK, N.D. — While the sand mining industry has slowed dramatically, the number of rail cars carrying crude through Minnesota has slumped at a slower pace. A year ago, up to 58 oil trains -- each with about 110 cars...
Boeing’s Insitu drones tested for inspecting rail lines
(Source: Seattle Times, October 28, 2015) SEATTLE, Wash. — Insitu, the Bingen, Wash.-based unmanned aerial systems subsidiary of Boeing, began Sunday a weeklong trial using its ScanEagle surveillance drone to inspect a 132-mile stretch of railway in New Mexico. Full...
Baltimore Sun drivers, mailers, pressmen ratify new Teamster contract
(Source: International Brotherhood of Teamsters press release, October 26, 2015) WASHINGTON, D.C. — After two years of difficult negotiations, tentative agreements for three departments at the Baltimore Sun represented by Local 355 and Local 888 were ratified at a...
AAR: Total weekly rail traffic down 5.6 percent from 2014 for week ending October 24
(Source: Association of American Railroads press release, October 28, 2015) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending Oct. 24, 2015. For this week, total U.S. weekly rail traffic was 553,144...
Sarah Feinberg confirmed as new head of Federal Railroad Administration
(Source: Washington Post, October 28, 2015) WASHINGTON, D.C. — Sarah Feinberg, a former chief of staff to U.S. Transportation Sec. Anthony Foxx, was confirmed Wednesday as head of the Federal Railroad Administration. Feinberg has been acting administrator since...
Senators rail against PTC extension
(Source: The Hill, October 29, 2015) WASHINGTON, D.C. — Senate Democrats are railing against an extension of a deadline for automating trains on most of the nation's railways that was approved by Congress this week, over the objection of safety advocates. Full story:...
Congress caves on demands for Positive Train Control delay
(Source: Politico, October 28, 2015) WASHINGTON, D.C. — Congress on Wednesday quietly gave the railroad industry what it demanded: a three- to five-year delay in the deadline for installing the kind of safety technology that could have prevented last spring’s deadly...
CN announces share repurchase program, declares 4Q 2015 cash dividend
(Source: CN press release, October 27, 2015) MONTREAL — CN announced today that its Board of Directors has approved a new share repurchase program. CN believes that the repurchase of its shares represents an appropriate and beneficial use of the Company's funds. Luc...
Norfolk Southern declares quarterly dividend
(Source: Norfolk Southern press release, October 27, 2015) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 59 cents per share on its common stock, payable on Dec. 10 to stockholders of record on Nov. 6. Since its inception...
Hoffa joins port truck drivers strike at Long Beach/Los Angeles ports
(Source: International Brotherhood of Teamsters press release, October 27, 2015) LONG BEACH, Calif. — Today, Teamsters General President Jim Hoffa joined port truck drivers, warehouse workers, community and faith allies, and Teamster officials at a press conference at...
