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Daily Headlines
NY state announces results from latest oil train track inspections
(Source: Albany Times Union, October 27, 2015) ALBANY, N.Y. — Gov. Andrew Cuomo today announced another round of targeted crude oil tank car and rail inspections that examined 235 crude oil tank cars, approximately 195 miles of track and 72 switches. State and federal...
Unmanned aircraft conducts BNSF railway monitoring
(Source: Insitu press release, October 28, 2015) BINGEN, Wash. — Launching at a tower site near Vaughn, New Mexico, Insitu accomplished the first commercial beyond visual line of sight operation with an Unmanned Aerial System (UAS) in the contiguous 48 states. The...
Teamster pilots at Republic Airways approve new three-year contract
(Source: International Brotherhood of Teamsters press release, October 27, 2015) INDIANAPOLIS, Ind. — The International Brotherhood of Teamsters Airline Division and Republic Airways Holdings Inc. announced today that pilots represented by Teamsters Local 357 voted to...
BNSF puts farmers on fast track as oil prices drop
(Source: Bloomberg, October 28, 2015) NEW YORK — Last year, grain handlers like Roger Krueger had no kind words for Warren Buffett’s BNSF Railway Co. After record U.S. harvests, crops piled up all across the Midwest, with few rail cars available to get them to buyers...
Amtrak’s Boardman: It’s time to build infrastructure
(Source: Progressive Railroading, October 27, 2015) Amtrak President and Chief Executive Officer Joseph Boardman and a panel of transportation experts met yesterday at the National Press Club to highlight the need for the United States to invest in major rail...
CN reports net income increase of 18% in 3Q 2015
(Source: CN press release, October 27, 2015) MONTREAL — CN today reported its financial and operating results for the third quarter ended Sept. 30, 2015. Third-quarter 2015 financial highlights • Net income increased 18 per cent to C$1,007 million, while diluted EPS...
Norfolk Southern reports lower net income in 3Q 2015
(Source: Norfolk Southern press release, October 28, 2015) NORFOLK, Va. — Norfolk Southern Corporation today reported financial results for third-quarter 2015. Net income for the quarter was $452 million, or $1.49 per diluted share, compared with $559 million, or...
PTC deadline extension hitched to must-pass bill on transit funding
(Source: Washington Post, October 27, 2015) WASHINGTON, D.C. — The House on Tuesday appended a deadline extension being sought by the railroad industry to a must-pass highway funding bill and approved both, delaying for at least three years a safety measure that could...
Metro-North: New train cars and station upgrades are on the way
(Source: The Journal News, October 26, 2015) NEW YORK — New train cars, station upgrades and improved infrastructure are some of the benefits Metro-North riders could see in the coming years. The railroad is in line to receive $2.6 billion in funding as part of the...
NJ Transit gets $16 million grant for rail bridge replacement
(Source: The Record, October 27, 2015) BERGEN COUNTY, N.J. — The project to replace the outdated and failing Portal Bridge across the Hackensack River has received its first money for construction. But the $16 million grant, announced Monday by three members of New...
