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Daily Headlines
UP reports 2Q 2015 profit down 7.7 percent from 2014
(Source: Omaha World-Herald, July 23, 2015) OMAHA, Neb. — Union Pacific Corp. said Thursday morning that second-quarter profit fell 7.7 percent on lower freight hauling volumes led by a 31 percent drop in coal shipments. The Omaha-based railroad said net income was...
Investigating a tragedy: Piecing together the events of Lac-Megantic
(Source: Globe and Mail, July 20, 2015) OTTAWA — When Don Ross drove his rental car down the steep road toward Lac-Mégantic, the first thing he noticed was the thick blanket of smoke that had gathered just above the small Quebec town. Full story: Globe and Mail
Ten years later, BNSF rail relocation is done in Sioux Falls
(Source: Argus Leader, July 21, 2015) SIOUX FALLS, S.D. — The city of Sioux Falls is poised to announce a deal that would cap a decade-long project to remove the downtown rail yard, freeing up about 10 acres of land for potential development. Full story: Argus...
Dallas-Houston bullet train company raises $75 million, hires new CEO
(Source: Dallas Morning News, July 22, 2015) DALLAS — Developers of a planned bullet train between Dallas and Houston have raised $75 million in private funds from Texas investors and named a new CEO, company officials announced this morning. Full story: Dallas...
CSX provides update on W.Va. oil train derailment
(Source: Associated Press, July 21, 2015) GLEN FERRIS, W.Va. — CSX is continuing to closely monitor the environmental impact of a fiery oil-train derailment in southern West Virginia, a spokeswoman said Tuesday. The company held a public informational meeting that...
Attorney representing Amtrak workers ordered to avoid reporting hazardous track conditions
(Source: Press release from the law firm of Nichols Kaster, PLLP, July 22, 2015) MINNEAPOLIS, Minn. — In recently-filed charges before the Department of Labor, two Amtrak track inspectors allege that Amtrak ordered them to not report hazardous track conditions, and...
NJ Transit trains resume service into New York after overhead wire problems
(Source: Associated Press, July 22, 2015) NEWARK, N.J. — New Jersey Transit trains are running again in and out of New York's Penn Station after service was suspended because of Amtrak overhead wire problems. Full story: www.philly.com
Falling freight shipments hint at darkening picture for UP
(Source: Omaha World-Herald, July 22, 2015) OMAHA, Neb. — Omaha-based Union Pacific Corp. is facing declining U.S. rail freight shipments as it prepares to report second-quarter earnings Thursday. That could signal a slowing economy and might also mean additional...
Fearful Lac-Megantic commissions track inspection
(Source: Canadian Press, July 17, 2015) MONTREAL — Two years after one of the deadliest train derailments in Canadian history claimed 47 lives and destroyed much of the town centre, a recent third-party inspection has apparently found the condition of the tracks near...
Senate working to strip braking safety requirements from oil train regulations
(Source: DeSmog Blog, July 22, 2015) NEW YORK — As documented on DeSmog, the new oil-by-rail regulations contain major concessions to the oil and rail industries as the result of relentless lobbying during the rulemaking process. One logical safety measure that the...
