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Daily Headlines
Nebraska will continue to reveal oil train traffic
(Source: Lincoln Journal Star, July 22, 2015) LINCOLN, Neb. — Nebraska will continue to make public information railroads submit on Bakken oil train traffic within its borders after U.S. Department of Transportation warned railroads that they must continue to notify...
Inspectors find dozens of Minnesota rail bridges need repair
(Source: Minnesota Public Radio, July 23, 2015) MINNEAPOLIS, Minn. — More than 330 railroad bridges pass over freeways, highways and streets in Minnesota, and last year state and local inspectors determined that one in five of those was structurally deficient. Full...
CP Rail continues fight against Lac-Megantic fund
(Source: Canadian Press, July 22, 2015) MONTREAL — Canadian Pacific Railway Ltd. has filed for permission to appeal a judge’s ruling in relation to the $430-million settlement fund for victims and creditors of the Lac-Megantic train derailment, according to court...
Texas high-speed rail passes major milestone with first fundraising announcement
(Source: Houston Chronicle, July 22, 2015) HOUSTON — A revolutionary project to connect Dallas and Houston by bullet train just took a major leap forward. Texas Central Partners, which aims to build the nation's first bullet train between Texas' two biggest cities,...
Head of CP Rail shifts focus from work to health
(Source: Globe and Mail, July 22, 2015) TORONTO — Hunter Harrison is slowing down. After eight weeks of struggling with medical complications following surgery on his legs, the legendary workaholic at the helm of Canadian Pacific Railway Ltd. says he plans to cut back...
Federal class action lawsuit filed in CSX oil train derailment in Tennessee
(Source: Knoxville News Sentinel, July 22, 2015) KNOXVILLE, Tenn. — A class-action lawsuit seeking more than $5 million in damages has been filed in federal court on behalf of four Maryville residents who were among the 5,000 people evacuated during the CSX train...
Amtrak wants Acela trains to go faster
(Source: Washington Examiner, July 22, 2015) WASHINGTON, D.C. — Amtrak has petitioned the Federal Railroad Administration to allow it to increase the speed of its Acela trains from 150 mph to 160 mph in three zones along its Northeast corridor — Rhode Island,...
Hoffa: Senate transportation bill is positive step, but safety issues remain
(Source: International Brotherhood of Teamsters press release, July 22, 2015) WASHINGTON, D.C. — Today, the Senate voted to take up a six-year surface transportation reauthorization that will include three years of funding for highway, rail and transit programs. The...
Senate Republicans end bid to pare back oil train safety rule
(Source: Reuters, July 22, 2015) WASHINGTON, D.C. — Senate Republicans have backed away from a controversial proposal that would have repealed a new federal safety rule requiring oil trains to be equipped with advanced new braking systems. Full story: Reuters
UP reports 2Q 2015 financial results
(Source: Union Pacific press release, July 23, 2015) OMAHA, Neb. — Union Pacific Corporation today reported 2015 second quarter net income of $1.2 billion, or $1.38 per diluted share, compared to $1.3 billion, or $1.43 per diluted share, in the second quarter 2014....
