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Daily Headlines
FRA updates track inspection standards after oil train derailment
(Source: The Hill, October 9, 2015) WASHINGTON, D.C. — Federal rail officials announced an update to railway inspection standards on Friday after pinpointing the cause of a fiery oil train derailment in February. The Federal Railroad Administration blamed a broken...
Metrolink approves $24 million plan to lease locomotives
(Source: Orange County Register, October 11, 2015) ORANGE COUNTY, Calif. — Board members of Metrolink, Southern California’s passenger rail system, on Friday approved a nearly $24 million plan to cover the cost of operating newly leased locomotives, a response to what...
NJ Transit biggest loser in Amtrak cost-sharing plan
(Source: Bloomberg, October 8, 2015) NEW YORK — Amtrak is quietly billing railroads in nine East Coast states more than $500 million starting this month, with the brunt born by cash-strapped New Jersey Transit. Full story: Bloomberg
Lac-Megantic residents march for better rail safety
(Source: CBC News, October 11, 2015) MONTREAL — Dozens of people from Lac-Mégantic and surrounding areas marched in the town on Sunday to demand better rail safety measures. Full story: CBC News
U.S. judge approves $446 million settlement for victims of Lac-Megantic disaster
(Source: Associated Press, October 9, 2015) PORTLAND, Maine — A U.S. bankruptcy judge has approved a $446-million settlement fund for victims of the fiery Lac-Megantic oil-train derailment in Quebec, clearing the way for payments to victims by year’s end. Judge Peter...
Amtrak to allow smaller pets on board trains in Virginia
(Source: Associated Press, October 9, 2015) RICHMOND, Va. — Amtrak is letting all passengers bring their pets aboard trains in Virginia starting next week. Full story: San Francisco Chronicle
CSX declares quarterly dividend
(Source: CSX press release, October 8, 2015) JACKSONVILLE, Fla. — On October 7, the Board of Directors of CSX Corporation approved an $0.18 per share quarterly dividend on the company's common stock. The dividend is payable on December 15, 2015, to shareholders of...
BNSF, U.S. Silica deliver record-breaking unit train
(Source: World Oil, October 8, 2015) HOUSTON — U.S. Silica Holdings has announced the delivery of a record-breaking 150-car unit train carrying over 16,500 tons of U.S. Silica White frac sand from Ottawa, IL, to a transload facility serving the Permian basin. The sand...
California bullet train project is drawing private interest, but not funding
(Source: Los Angeles Times, October 8, 2015) LOS ANGELES — Since its earliest days of planning, California's $68-billion bullet train project has counted on a massive infusion of private capital to fill any gaps in state and federal funding. A new sounding of...
Editorial: Growing Metro-North ridership calls for continued safety commitment
(Source: Connecticut Post editorial, October 9, 2015) BRIDGEPORT, Conn. — Since its run of calamity, people from Hartford, to Washington to its local customers, including Connecticut Hearst Media, have kept the heat on Metro-North to work diligently on safety...
